Arad Balance Sheet Health
Financial Health criteria checks 4/6
Arad has a total shareholder equity of $163.2M and total debt of $80.6M, which brings its debt-to-equity ratio to 49.4%. Its total assets and total liabilities are $365.2M and $202.0M respectively. Arad's EBIT is $32.5M making its interest coverage ratio 5.9. It has cash and short-term investments of $18.4M.
Key information
49.4%
Debt to equity ratio
US$80.55m
Debt
Interest coverage ratio | 5.9x |
Cash | US$18.37m |
Equity | US$163.19m |
Total liabilities | US$201.98m |
Total assets | US$365.17m |
Recent financial health updates
Arad (TLV:ARD) Seems To Use Debt Quite Sensibly
Apr 20Does Arad (TLV:ARD) Have A Healthy Balance Sheet?
Jul 17Arad (TLV:ARD) Seems To Use Debt Quite Sensibly
Feb 24Is Arad (TLV:ARD) A Risky Investment?
Nov 25Recent updates
Arad (TLV:ARD) Seems To Use Debt Quite Sensibly
Apr 20Arad's (TLV:ARD) Shareholders Have More To Worry About Than Only Soft Earnings
Mar 28Does Arad (TLV:ARD) Have A Healthy Balance Sheet?
Jul 17Returns On Capital At Arad (TLV:ARD) Paint A Concerning Picture
Apr 28Is Arad Ltd. (TLV:ARD) An Attractive Dividend Stock?
Apr 11Declining Stock and Decent Financials: Is The Market Wrong About Arad Ltd. (TLV:ARD)?
Mar 12Arad (TLV:ARD) Seems To Use Debt Quite Sensibly
Feb 24Did You Participate In Any Of Arad's (TLV:ARD) Fantastic 114% Return ?
Feb 09Our Take On The Returns On Capital At Arad (TLV:ARD)
Jan 25Is Arad Ltd. (TLV:ARD) A Smart Choice For Dividend Investors?
Jan 10What Kind Of Shareholders Hold The Majority In Arad Ltd.'s (TLV:ARD) Shares?
Dec 27Arad Ltd.'s (TLV:ARD) Stock Is Going Strong: Have Financials A Role To Play?
Dec 12Is It Smart To Buy Arad Ltd. (TLV:ARD) Before It Goes Ex-Dividend?
Nov 26Is Arad (TLV:ARD) A Risky Investment?
Nov 25Financial Position Analysis
Short Term Liabilities: ARD's short term assets ($270.4M) exceed its short term liabilities ($140.9M).
Long Term Liabilities: ARD's short term assets ($270.4M) exceed its long term liabilities ($61.1M).
Debt to Equity History and Analysis
Debt Level: ARD's net debt to equity ratio (38.1%) is considered satisfactory.
Reducing Debt: ARD's debt to equity ratio has increased from 44.6% to 49.4% over the past 5 years.
Debt Coverage: ARD's debt is not well covered by operating cash flow (15.2%).
Interest Coverage: ARD's interest payments on its debt are well covered by EBIT (5.9x coverage).