ETGA Group Balance Sheet Health
Financial Health criteria checks 3/6
ETGA Group has a total shareholder equity of ₪243.2M and total debt of ₪140.4M, which brings its debt-to-equity ratio to 57.8%. Its total assets and total liabilities are ₪488.0M and ₪244.9M respectively. ETGA Group's EBIT is ₪35.3M making its interest coverage ratio -63.2. It has cash and short-term investments of ₪24.6M.
Key information
57.8%
Debt to equity ratio
₪140.44m
Debt
| Interest coverage ratio | -63.2x |
| Cash | ₪24.61m |
| Equity | ₪243.18m |
| Total liabilities | ₪244.87m |
| Total assets | ₪488.04m |
Recent financial health updates
No updates
Recent updates
Estimating The Fair Value Of ETGA Group Ltd (TLV:ETGA)
Feb 09
ETGA Group's (TLV:ETGA) Returns On Capital Are Heading Higher
Nov 10Calculating The Intrinsic Value Of ETGA Group Ltd (TLV:ETGA)
Oct 10ETGA Group Ltd (TLV:ETGA) Not Lagging Market On Growth Or Pricing
Feb 28We Ran A Stock Scan For Earnings Growth And ETGA Group (TLV:ETGA) Passed With Ease
Nov 23ETGA Group's (TLV:ETGA) Profits Appear To Have Quality Issues
Apr 01Financial Position Analysis
Short Term Liabilities: ETGA's short term assets (₪347.9M) exceed its short term liabilities (₪231.0M).
Long Term Liabilities: ETGA's short term assets (₪347.9M) exceed its long term liabilities (₪13.9M).
Debt to Equity History and Analysis
Debt Level: ETGA's net debt to equity ratio (47.6%) is considered high.
Reducing Debt: Insufficient data to determine if ETGA's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ETGA's debt is not well covered by operating cash flow (16.3%).
Interest Coverage: ETGA earns more interest than it pays, so coverage of interest payments is not a concern.