I.E.S Holdings Balance Sheet Health
Financial Health criteria checks 6/6
I.E.S Holdings has a total shareholder equity of ₪1.5B and total debt of ₪1.9M, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are ₪1.8B and ₪308.9M respectively. I.E.S Holdings's EBIT is ₪36.5M making its interest coverage ratio -2.7. It has cash and short-term investments of ₪441.7M.
Key information
0.1%
Debt to equity ratio
₪1.94m
Debt
Interest coverage ratio | -2.7x |
Cash | ₪441.71m |
Equity | ₪1.50b |
Total liabilities | ₪308.93m |
Total assets | ₪1.81b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: IES's short term assets (₪444.2M) exceed its short term liabilities (₪12.0M).
Long Term Liabilities: IES's short term assets (₪444.2M) exceed its long term liabilities (₪296.9M).
Debt to Equity History and Analysis
Debt Level: IES has more cash than its total debt.
Reducing Debt: IES's debt to equity ratio has reduced from 1.6% to 0.1% over the past 5 years.
Debt Coverage: IES's debt is well covered by operating cash flow (2279.9%).
Interest Coverage: IES earns more interest than it pays, so coverage of interest payments is not a concern.