Globrands Balance Sheet Health
Financial Health criteria checks 4/6
Globrands has a total shareholder equity of ₪79.2M and total debt of ₪181.7M, which brings its debt-to-equity ratio to 229.4%. Its total assets and total liabilities are ₪458.3M and ₪379.1M respectively. Globrands's EBIT is ₪93.4M making its interest coverage ratio 8.1. It has cash and short-term investments of ₪7.5M.
Key information
229.4%
Debt to equity ratio
₪181.71m
Debt
| Interest coverage ratio | 8.1x |
| Cash | ₪7.51m |
| Equity | ₪79.23m |
| Total liabilities | ₪379.12m |
| Total assets | ₪458.34m |
Recent financial health updates
Recent updates
Estimating The Intrinsic Value Of Globrands Ltd. (TLV:GLRS)
Apr 05
Boasting A 76% Return On Equity, Is Globrands Ltd. (TLV:GLRS) A Top Quality Stock?
Mar 15Does Globrands (TLV:GLRS) Have A Healthy Balance Sheet?
Feb 11
Globrands (TLV:GLRS) Has Compensated Shareholders With A Respectable 33% Return On Their Investment
Jan 24What Is The Ownership Structure Like For Globrands Ltd. (TLV:GLRS)?
Jan 05Should You Be Impressed By Globrands Ltd.'s (TLV:GLRS) ROE?
Dec 15Are Globrands's (TLV:GLRS) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Nov 24Financial Position Analysis
Short Term Liabilities: GLRS's short term assets (₪371.2M) exceed its short term liabilities (₪336.7M).
Long Term Liabilities: GLRS's short term assets (₪371.2M) exceed its long term liabilities (₪42.4M).
Debt to Equity History and Analysis
Debt Level: GLRS's net debt to equity ratio (219.9%) is considered high.
Reducing Debt: GLRS's debt to equity ratio has increased from 123.6% to 229.4% over the past 5 years.
Debt Coverage: GLRS's debt is well covered by operating cash flow (47.5%).
Interest Coverage: GLRS's interest payments on its debt are well covered by EBIT (8.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 19:04 |
| End of Day Share Price | 2024/12/26 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Globrands 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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