Abra Information Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Abra Information Technologies has a total shareholder equity of ₪256.0M and total debt of ₪68.0M, which brings its debt-to-equity ratio to 26.5%. Its total assets and total liabilities are ₪498.4M and ₪242.3M respectively. Abra Information Technologies's EBIT is ₪23.9M making its interest coverage ratio 10.3. It has cash and short-term investments of ₪67.6M.
Key information
26.5%
Debt to equity ratio
₪67.97m
Debt
| Interest coverage ratio | 10.3x |
| Cash | ₪67.64m |
| Equity | ₪256.03m |
| Total liabilities | ₪242.35m |
| Total assets | ₪498.38m |
Recent financial health updates
Is Abra Information Technologies (TLV:ABRA) Using Too Much Debt?
Dec 23
Is Abra Information Technologies (TLV:ABRA) Using Too Much Debt?
May 26Recent updates
Investors Still Aren't Entirely Convinced By Abra Information Technologies Ltd.'s (TLV:ABRA) Revenues Despite 28% Price Jump
Dec 21Abra Information Technologies (TLV:ABRA) Shareholders Will Want The ROCE Trajectory To Continue
Jul 13Be Wary Of Abra Information Technologies (TLV:ABRA) And Its Returns On Capital
May 10Is Abra Information Technologies (TLV:ABRA) Using Too Much Debt?
Dec 23Is Abra Information Technologies (TLV:ABRA) Using Too Much Debt?
May 26Investors Who Bought Abra Information Technologies (TLV:ABRA) Shares Three Years Ago Are Now Up 142%
Dec 30Financial Position Analysis
Short Term Liabilities: ABRA's short term assets (₪181.0M) exceed its short term liabilities (₪145.8M).
Long Term Liabilities: ABRA's short term assets (₪181.0M) exceed its long term liabilities (₪96.6M).
Debt to Equity History and Analysis
Debt Level: ABRA's net debt to equity ratio (0.1%) is considered satisfactory.
Reducing Debt: ABRA's debt to equity ratio has increased from 0% to 26.5% over the past 5 years.
Debt Coverage: ABRA's debt is well covered by operating cash flow (45.6%).
Interest Coverage: ABRA's interest payments on its debt are well covered by EBIT (10.3x coverage).