Gix Internet Balance Sheet Health
Financial Health criteria checks 3/6
Gix Internet has a total shareholder equity of ₪12.9M and total debt of ₪37.5M, which brings its debt-to-equity ratio to 289.8%. Its total assets and total liabilities are ₪103.3M and ₪90.3M respectively.
Key information
289.8%
Debt to equity ratio
₪37.47m
Debt
| Interest coverage ratio | n/a |
| Cash | ₪6.93m |
| Equity | ₪12.93m |
| Total liabilities | ₪90.34m |
| Total assets | ₪103.27m |
Recent financial health updates
Gix Internet (TLV:GIX) Has A Somewhat Strained Balance Sheet
Dec 27
Does Gix Internet (TLV:GIX) Have A Healthy Balance Sheet?
Sep 04Is Gix Internet (TLV:GIX) Using Too Much Debt?
May 18These 4 Measures Indicate That Gix Internet (TLV:GIX) Is Using Debt Reasonably Well
Nov 17Is Gix Internet (TLV:GIX) A Risky Investment?
May 11We Think Gix Internet (TLV:GIX) Can Stay On Top Of Its Debt
Sep 23Recent updates
Gix Internet (TLV:GIX) Has A Somewhat Strained Balance Sheet
Dec 27Does Gix Internet (TLV:GIX) Have A Healthy Balance Sheet?
Sep 04Is Gix Internet (TLV:GIX) Using Too Much Debt?
May 18These 4 Measures Indicate That Gix Internet (TLV:GIX) Is Using Debt Reasonably Well
Nov 17Is Gix Internet (TLV:GIX) A Risky Investment?
May 11We Think Gix Internet (TLV:GIX) Can Stay On Top Of Its Debt
Sep 23Does Gix Internet (TLV:GIX) Have A Healthy Balance Sheet?
Jun 09A Look At The Fair Value Of Gix Internet Ltd (TLV:GIX)
Mar 31Financial Position Analysis
Short Term Liabilities: GIX's short term assets (₪51.6M) do not cover its short term liabilities (₪85.8M).
Long Term Liabilities: GIX's short term assets (₪51.6M) exceed its long term liabilities (₪4.6M).
Debt to Equity History and Analysis
Debt Level: GIX's net debt to equity ratio (236.2%) is considered high.
Reducing Debt: GIX's debt to equity ratio has increased from 182.5% to 289.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable GIX has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: GIX is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 27% per year.