Arad Balance Sheet Health
Financial Health criteria checks 6/6
Arad has a total shareholder equity of $165.1M and total debt of $77.3M, which brings its debt-to-equity ratio to 46.8%. Its total assets and total liabilities are $365.1M and $200.0M respectively. Arad's EBIT is $33.3M making its interest coverage ratio 3.9. It has cash and short-term investments of $13.0M.
Key information
46.8%
Debt to equity ratio
US$77.25m
Debt
| Interest coverage ratio | 3.9x |
| Cash | US$13.04m |
| Equity | US$165.13m |
| Total liabilities | US$200.01m |
| Total assets | US$365.14m |
Recent financial health updates
Arad (TLV:ARD) Seems To Use Debt Quite Sensibly
Apr 20
Does 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 25
Recent updates
Increases to CEO Compensation Might Be Put On Hold For Now at Arad Ltd. (TLV:ARD)
Dec 11Arad (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 ($267.9M) exceed its short term liabilities ($147.9M).
Long Term Liabilities: ARD's short term assets ($267.9M) exceed its long term liabilities ($52.1M).
Debt to Equity History and Analysis
Debt Level: ARD's net debt to equity ratio (38.9%) is considered satisfactory.
Reducing Debt: ARD's debt to equity ratio has reduced from 52.2% to 46.8% over the past 5 years.
Debt Coverage: ARD's debt is well covered by operating cash flow (24.9%).
Interest Coverage: ARD's interest payments on its debt are well covered by EBIT (3.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:09 |
| End of Day Share Price | 2024/12/22 00:00 |
| Earnings | 2024/09/30 |
| 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| 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
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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
Arad 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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