Summit Real Estate Holdings Balance Sheet Health
Financial Health criteria checks 1/6
Summit Real Estate Holdings has a total shareholder equity of ₪5.0B and total debt of ₪4.6B, which brings its debt-to-equity ratio to 93.1%. Its total assets and total liabilities are ₪10.7B and ₪5.7B respectively. Summit Real Estate Holdings's EBIT is ₪454.6M making its interest coverage ratio 2.4. It has cash and short-term investments of ₪1.1B.
Key information
93.1%
Debt to equity ratio
₪4.65b
Debt
Interest coverage ratio | 2.4x |
Cash | ₪1.15b |
Equity | ₪4.99b |
Total liabilities | ₪5.68b |
Total assets | ₪10.67b |
Recent financial health updates
These 4 Measures Indicate That Summit Real Estate Holdings (TLV:SMT) Is Using Debt Extensively
Oct 08Here's Why Summit Real Estate Holdings (TLV:SMT) Is Weighed Down By Its Debt Load
Jul 05These 4 Measures Indicate That Summit Real Estate Holdings (TLV:SMT) Is Using Debt In A Risky Way
Mar 21These 4 Measures Indicate That Summit Real Estate Holdings (TLV:SMT) Is Using Debt Extensively
Dec 11Is Summit Real Estate Holdings (TLV:SMT) A Risky Investment?
Sep 07These 4 Measures Indicate That Summit Real Estate Holdings (TLV:SMT) Is Using Debt Extensively
Jun 07Recent updates
Fewer Investors Than Expected Jumping On Summit Real Estate Holdings Ltd (TLV:SMT)
Mar 06These 4 Measures Indicate That Summit Real Estate Holdings (TLV:SMT) Is Using Debt Extensively
Oct 08Here's Why Summit Real Estate Holdings (TLV:SMT) Is Weighed Down By Its Debt Load
Jul 05These 4 Measures Indicate That Summit Real Estate Holdings (TLV:SMT) Is Using Debt In A Risky Way
Mar 21These 4 Measures Indicate That Summit Real Estate Holdings (TLV:SMT) Is Using Debt Extensively
Dec 11Is Summit Real Estate Holdings (TLV:SMT) A Risky Investment?
Sep 07These 4 Measures Indicate That Summit Real Estate Holdings (TLV:SMT) Is Using Debt Extensively
Jun 07Does Summit Real Estate Holdings (TLV:SMT) Have A Healthy Balance Sheet?
Mar 08We Think Summit Real Estate Holdings (TLV:SMT) Can Stay On Top Of Its Debt
Nov 23Estimating The Fair Value Of Summit Real Estate Holdings Ltd. (TLV:SMT)
Nov 02We Think Summit Real Estate Holdings (TLV:SMT) Is Taking Some Risk With Its Debt
Jun 14We're Not Counting On Summit Real Estate Holdings (TLV:SMT) To Sustain Its Statutory Profitability
Jan 26The Summit Real Estate Holdings (TLV:SMT) Share Price Is Up 133% And Shareholders Are Boasting About It
Dec 02Financial Position Analysis
Short Term Liabilities: SMT's short term assets (₪1.4B) exceed its short term liabilities (₪809.2M).
Long Term Liabilities: SMT's short term assets (₪1.4B) do not cover its long term liabilities (₪4.9B).
Debt to Equity History and Analysis
Debt Level: SMT's net debt to equity ratio (70%) is considered high.
Reducing Debt: SMT's debt to equity ratio has increased from 92.8% to 93.1% over the past 5 years.
Debt Coverage: SMT's debt is not well covered by operating cash flow (7.5%).
Interest Coverage: SMT's interest payments on its debt are not well covered by EBIT (2.4x coverage).