Kardan Real Estate Enterprise and Development Balance Sheet Health
Financial Health criteria checks 3/6
Kardan Real Estate Enterprise and Development has a total shareholder equity of ₪740.2M and total debt of ₪675.8M, which brings its debt-to-equity ratio to 91.3%. Its total assets and total liabilities are ₪1.8B and ₪1.1B respectively. Kardan Real Estate Enterprise and Development's EBIT is ₪66.6M making its interest coverage ratio 3.5. It has cash and short-term investments of ₪178.7M.
Key information
91.3%
Debt to equity ratio
₪675.82m
Debt
| Interest coverage ratio | 3.5x |
| Cash | ₪178.74m |
| Equity | ₪740.18m |
| Total liabilities | ₪1.08b |
| Total assets | ₪1.82b |
Recent financial health updates
Is Kardan Real Estate Enterprise and Development (TLV:KARE) A Risky Investment?
Dec 18
Is Kardan Real Estate Enterprise and Development (TLV:KARE) Using Too Much Debt?
Dec 30We Think Kardan Real Estate Enterprise and Development (TLV:KARE) Is Taking Some Risk With Its Debt
May 05Does Kardan Real Estate Enterprise and Development (TLV:KARE) Have A Healthy Balance Sheet?
Jan 28Recent updates
Kardan Real Estate Enterprise and Development Ltd's (TLV:KARE) Subdued P/E Might Signal An Opportunity
Mar 04Is Kardan Real Estate Enterprise and Development (TLV:KARE) A Risky Investment?
Dec 18Is Kardan Real Estate Enterprise and Development (TLV:KARE) Using Too Much Debt?
Dec 30We Think Kardan Real Estate Enterprise and Development (TLV:KARE) Is Taking Some Risk With Its Debt
May 05Are Dividend Investors Getting More Than They Bargained For With Kardan Real Estate Enterprise and Development Ltd.'s (TLV:KARE) Dividend?
Apr 13Shareholders Of Kardan Real Estate Enterprise and Development (TLV:KARE) Must Be Happy With Their 146% Total Return
Feb 15Does Kardan Real Estate Enterprise and Development (TLV:KARE) Have A Healthy Balance Sheet?
Jan 28Should You Or Shouldn't You: A Dividend Analysis on Kardan Real Estate Enterprise and Development Ltd. (TLV:KARE)
Jan 11Kardan Real Estate Enterprise and Development Ltd. (TLV:KARE) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?
Dec 22Here's Why We Don't Think Kardan Real Estate Enterprise and Development's (TLV:KARE) Statutory Earnings Reflect Its Underlying Earnings Potential
Dec 04
Financial Position Analysis
Short Term Liabilities: KARE's short term assets (₪824.8M) exceed its short term liabilities (₪429.9M).
Long Term Liabilities: KARE's short term assets (₪824.8M) exceed its long term liabilities (₪645.5M).
Debt to Equity History and Analysis
Debt Level: KARE's net debt to equity ratio (67.2%) is considered high.
Reducing Debt: KARE's debt to equity ratio has increased from 54.8% to 91.3% over the past 5 years.
Debt Coverage: KARE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: KARE's interest payments on its debt are well covered by EBIT (3.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/02 02:59 |
| End of Day Share Price | 2025/01/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Kardan Real Estate Enterprise and Development Ltd is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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