Globrands Balance Sheet Health
Financial Health criteria checks 3/6
Globrands has a total shareholder equity of ₪47.8M and total debt of ₪276.3M, which brings its debt-to-equity ratio to 578.3%. Its total assets and total liabilities are ₪493.5M and ₪445.8M respectively. Globrands's EBIT is ₪79.5M making its interest coverage ratio 7.1. It has cash and short-term investments of ₪11.1M.
Key information
578.3%
Debt to equity ratio
₪276.26m
Debt
Interest coverage ratio | 7.1x |
Cash | ₪11.11m |
Equity | ₪47.77m |
Total liabilities | ₪445.76m |
Total assets | ₪493.53m |
Recent financial health updates
Recent updates
Estimating The Intrinsic Value Of Globrands Ltd. (TLV:GLRS)
Apr 05Boasting 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 11Globrands (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 (₪408.9M) exceed its short term liabilities (₪391.9M).
Long Term Liabilities: GLRS's short term assets (₪408.9M) exceed its long term liabilities (₪53.9M).
Debt to Equity History and Analysis
Debt Level: GLRS's net debt to equity ratio (555.1%) is considered high.
Reducing Debt: GLRS's debt to equity ratio has increased from 149.9% to 578.3% over the past 5 years.
Debt Coverage: GLRS's debt is not well covered by operating cash flow (12.3%).
Interest Coverage: GLRS's interest payments on its debt are well covered by EBIT (7.1x coverage).