Gix Internet Balance Sheet Health
Financial Health criteria checks 3/6
Gix Internet has a total shareholder equity of ₪299.0K and total debt of ₪27.5M, which brings its debt-to-equity ratio to 9211.4%. Its total assets and total liabilities are ₪77.4M and ₪77.1M respectively.
Key information
9,211.4%
Debt to equity ratio
₪27.54m
Debt
| Interest coverage ratio | n/a |
| Cash | ₪2.51m |
| Equity | ₪299.00k |
| Total liabilities | ₪77.08m |
| Total assets | ₪77.38m |
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
Estimating The Intrinsic Value Of Gix Internet Ltd (TLV:GIX)
Oct 23Gix 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 (₪28.5M) do not cover its short term liabilities (₪69.2M).
Long Term Liabilities: GIX's short term assets (₪28.5M) exceed its long term liabilities (₪7.9M).
Debt to Equity History and Analysis
Debt Level: GIX's net debt to equity ratio (8372.9%) is considered high.
Reducing Debt: GIX's debt to equity ratio has increased from 278.9% to 9211.4% 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 5.4% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 20:09 |
| End of Day Share Price | 2024/12/22 00:00 |
| Earnings | 2024/06/30 |
| 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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Gix Internet 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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