Rani Zim Shopping Centers Balance Sheet Health
Financial Health criteria checks 0/6
Rani Zim Shopping Centers has a total shareholder equity of ₪730.3M and total debt of ₪1.8B, which brings its debt-to-equity ratio to 242.2%. Its total assets and total liabilities are ₪2.9B and ₪2.1B respectively. Rani Zim Shopping Centers's EBIT is ₪50.7M making its interest coverage ratio 0.6. It has cash and short-term investments of ₪40.2M.
Key information
242.2%
Debt to equity ratio
₪1.77b
Debt
Interest coverage ratio | 0.6x |
Cash | ₪40.17m |
Equity | ₪730.29m |
Total liabilities | ₪2.14b |
Total assets | ₪2.87b |
Recent financial health updates
These 4 Measures Indicate That Rani Zim Shopping Centers (TLV:RANI) Is Using Debt Extensively
Jul 30These 4 Measures Indicate That Rani Zim Shopping Centers (TLV:RANI) Is Using Debt Extensively
Feb 27These 4 Measures Indicate That Rani Zim Shopping Centers (TLV:RANI) Is Using Debt Extensively
Aug 27Here's Why Rani Zim Shopping Centers (TLV:RANI) Is Weighed Down By Its Debt Load
Feb 02Recent updates
Rani Zim Shopping Centers' (TLV:RANI) Solid Earnings May Rest On Weak Foundations
Apr 07Even With A 33% Surge, Cautious Investors Are Not Rewarding Rani Zim Shopping Centers Ltd's (TLV:RANI) Performance Completely
Dec 18These 4 Measures Indicate That Rani Zim Shopping Centers (TLV:RANI) Is Using Debt Extensively
Jul 30These 4 Measures Indicate That Rani Zim Shopping Centers (TLV:RANI) Is Using Debt Extensively
Feb 27These 4 Measures Indicate That Rani Zim Shopping Centers (TLV:RANI) Is Using Debt Extensively
Aug 27The Rani Zim Shopping Centers (TLV:RANI) Share Price Has Gained 11% And Shareholders Are Hoping For More
Feb 25Here's Why Rani Zim Shopping Centers (TLV:RANI) Is Weighed Down By Its Debt Load
Feb 02Here's What Rani Zim Shopping Centers Ltd's (TLV:RANI) Shareholder Ownership Structure Looks Like
Jan 15Read This Before Judging Rani Zim Shopping Centers Ltd's (TLV:RANI) ROE
Dec 28We're Not So Sure You Should Rely on Rani Zim Shopping Centers's (TLV:RANI) Statutory Earnings
Dec 09Rani Zim Shopping Centers (TLV:RANI) Shareholders Have Enjoyed A 57% Share Price Gain
Nov 19Financial Position Analysis
Short Term Liabilities: RANI's short term assets (₪335.9M) do not cover its short term liabilities (₪616.9M).
Long Term Liabilities: RANI's short term assets (₪335.9M) do not cover its long term liabilities (₪1.5B).
Debt to Equity History and Analysis
Debt Level: RANI's net debt to equity ratio (236.7%) is considered high.
Reducing Debt: RANI's debt to equity ratio has increased from 91.8% to 242.2% over the past 5 years.
Debt Coverage: RANI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: RANI's interest payments on its debt are not well covered by EBIT (0.6x coverage).