Hagag Europe Development Z.F Balance Sheet Health
Financial Health criteria checks 2/6
Hagag Europe Development Z.F has a total shareholder equity of €60.7M and total debt of €89.4M, which brings its debt-to-equity ratio to 147.4%. Its total assets and total liabilities are €165.4M and €104.7M respectively.
Key information
147.4%
Debt to equity ratio
€89.43m
Debt
| Interest coverage ratio | n/a |
| Cash | €13.90m |
| Equity | €60.68m |
| Total liabilities | €104.70m |
| Total assets | €165.38m |
Recent financial health updates
No updates
Recent updates
Why Investors Shouldn't Be Surprised By Hagag Europe Development Z.F. Ltd's (TLV:HGGE) P/S
Jan 08
Hagag Europe Development Z.F's (TLV:HGGE) Shareholders May Want To Dig Deeper Than Statutory Profit
Sep 08Hagag Europe Development Z.F. Ltd (TLV:HGGE) Might Not Be As Mispriced As It Looks
May 22Calculating The Fair Value Of Hagag Europe Development Z.F. Ltd (TLV:HGGE)
Feb 17Financial Position Analysis
Short Term Liabilities: HGGE's short term assets (€84.9M) exceed its short term liabilities (€43.7M).
Long Term Liabilities: HGGE's short term assets (€84.9M) exceed its long term liabilities (€61.0M).
Debt to Equity History and Analysis
Debt Level: HGGE's net debt to equity ratio (124.5%) is considered high.
Reducing Debt: HGGE's debt to equity ratio has increased from 81.1% to 147.4% over the past 5 years.
Debt Coverage: HGGE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if HGGE's interest payments on its debt are well covered by EBIT.