ETGA Group Balance Sheet Health
Financial Health criteria checks 5/6
ETGA Group has a total shareholder equity of ₪247.0M and total debt of ₪129.4M, which brings its debt-to-equity ratio to 52.4%. Its total assets and total liabilities are ₪485.8M and ₪238.8M respectively. ETGA Group's EBIT is ₪34.7M making its interest coverage ratio 17.3. It has cash and short-term investments of ₪35.6M.
Key information
52.4%
Debt to equity ratio
₪129.40m
Debt
Interest coverage ratio | 17.3x |
Cash | ₪35.60m |
Equity | ₪247.02m |
Total liabilities | ₪238.82m |
Total assets | ₪485.84m |
Recent financial health updates
No updates
Recent updates
The Returns At ETGA Group (TLV:ETGA) Aren't Growing
May 23Estimating The Fair Value Of ETGA Group Ltd (TLV:ETGA)
Feb 09ETGA 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 (₪383.3M) exceed its short term liabilities (₪225.7M).
Long Term Liabilities: ETGA's short term assets (₪383.3M) exceed its long term liabilities (₪13.1M).
Debt to Equity History and Analysis
Debt Level: ETGA's net debt to equity ratio (38%) is considered satisfactory.
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 well covered by operating cash flow (20.4%).
Interest Coverage: ETGA's interest payments on its debt are well covered by EBIT (17.3x coverage).