Golf & Co Group Balance Sheet Health
Financial Health criteria checks 6/6
Golf & Co Group has a total shareholder equity of ₪199.6M and total debt of ₪27.3M, which brings its debt-to-equity ratio to 13.7%. Its total assets and total liabilities are ₪876.0M and ₪676.4M respectively. Golf & Co Group's EBIT is ₪69.7M making its interest coverage ratio 3.6. It has cash and short-term investments of ₪53.8M.
Key information
13.7%
Debt to equity ratio
₪27.26m
Debt
| Interest coverage ratio | 3.6x |
| Cash | ₪53.77m |
| Equity | ₪199.64m |
| Total liabilities | ₪676.39m |
| Total assets | ₪876.03m |
Recent financial health updates
We Think Golf & Co Group (TLV:GOLF) Can Stay On Top Of Its Debt
Oct 02
Does Golf & Co Group (TLV:GOLF) Have A Healthy Balance Sheet?
Apr 11Here's Why Golf & Co Group (TLV:GOLF) Has A Meaningful Debt Burden
Dec 11We Think Golf & Co Group (TLV:GOLF) Is Taking Some Risk With Its Debt
Nov 30We Think Golf & Co Group (TLV:GOLF) Is Taking Some Risk With Its Debt
Aug 26Here's Why Golf & Co Group (TLV:GOLF) Can Manage Its Debt Responsibly
Nov 02Recent updates
We Think Golf & Co Group (TLV:GOLF) Can Stay On Top Of Its Debt
Oct 02What Golf & Co Group Ltd's (TLV:GOLF) P/S Is Not Telling You
Aug 16Subdued Growth No Barrier To Golf & Co Group Ltd (TLV:GOLF) With Shares Advancing 27%
May 11Does Golf & Co Group (TLV:GOLF) Have A Healthy Balance Sheet?
Apr 11What Golf & Co Group Ltd's (TLV:GOLF) P/S Is Not Telling You
Feb 16Here's Why Golf & Co Group (TLV:GOLF) Has A Meaningful Debt Burden
Dec 11Golf & Co Group's (TLV:GOLF) Returns On Capital Not Reflecting Well On The Business
Oct 26The Returns On Capital At Golf & Co Group (TLV:GOLF) Don't Inspire Confidence
Feb 15We Think Golf & Co Group (TLV:GOLF) Is Taking Some Risk With Its Debt
Nov 30We Think Golf & Co Group (TLV:GOLF) Is Taking Some Risk With Its Debt
Aug 26Returns Are Gaining Momentum At Golf & Co Group (TLV:GOLF)
Mar 08Here's Why Golf & Co Group (TLV:GOLF) Can Manage Its Debt Responsibly
Nov 02Investors Will Want Golf & Co Group's (TLV:GOLF) Growth In ROCE To Persist
May 22Golf & Co Group (TLV:GOLF) Has A Pretty Healthy Balance Sheet
Mar 30Announcing: Golf & Co Group (TLV:GOLF) Stock Increased An Energizing 139% In The Last Year
Feb 25We Like These Underlying Trends At Golf & Co Group (TLV:GOLF)
Feb 03
Is Golf & Co Group Ltd's (TLV:GOLF) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Jan 17Is Golf & Co Group (TLV:GOLF) A Risky Investment?
Dec 30We Think Golf & Co Group's (TLV:GOLF) Statutory Profit Might Understate Its Earnings Potential
Dec 15Can You Imagine How Golf & Co Group's (TLV:GOLF) Shareholders Feel About The 58% Share Price Increase?
Nov 27Financial Position Analysis
Short Term Liabilities: GOLF's short term assets (₪400.9M) exceed its short term liabilities (₪304.6M).
Long Term Liabilities: GOLF's short term assets (₪400.9M) exceed its long term liabilities (₪371.8M).
Debt to Equity History and Analysis
Debt Level: GOLF has more cash than its total debt.
Reducing Debt: GOLF's debt to equity ratio has reduced from 30.7% to 13.7% over the past 5 years.
Debt Coverage: GOLF's debt is well covered by operating cash flow (670.5%).
Interest Coverage: GOLF's interest payments on its debt are well covered by EBIT (3.6x coverage).