Kardan Real Estate Enterprise and Development Balance Sheet Health
Financial Health criteria checks 2/6
Kardan Real Estate Enterprise and Development has a total shareholder equity of ₪728.7M and total debt of ₪670.9M, which brings its debt-to-equity ratio to 92.1%. Its total assets and total liabilities are ₪1.7B and ₪1.0B respectively. Kardan Real Estate Enterprise and Development's EBIT is ₪61.2M making its interest coverage ratio 4.2. It has cash and short-term investments of ₪276.8M.
Key information
92.1%
Debt to equity ratio
₪670.88m
Debt
| Interest coverage ratio | 4.2x |
| Cash | ₪276.80m |
| Equity | ₪728.66m |
| Total liabilities | ₪1.02b |
| Total assets | ₪1.75b |
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 (₪643.4M) exceed its short term liabilities (₪352.8M).
Long Term Liabilities: KARE's short term assets (₪643.4M) do not cover its long term liabilities (₪668.0M).
Debt to Equity History and Analysis
Debt Level: KARE's net debt to equity ratio (54.1%) is considered high.
Reducing Debt: KARE's debt to equity ratio has increased from 53% to 92.1% 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 (4.2x coverage).