Fridenson Logistic Services Balance Sheet Health
Financial Health criteria checks 6/6
Fridenson Logistic Services has a total shareholder equity of ₪172.6M and total debt of ₪85.6M, which brings its debt-to-equity ratio to 49.6%. Its total assets and total liabilities are ₪343.8M and ₪171.2M respectively. Fridenson Logistic Services's EBIT is ₪14.8M making its interest coverage ratio 3.3. It has cash and short-term investments of ₪28.6M.
Key information
49.6%
Debt to equity ratio
₪85.62m
Debt
| Interest coverage ratio | 3.3x |
| Cash | ₪28.57m |
| Equity | ₪172.59m |
| Total liabilities | ₪171.23m |
| Total assets | ₪343.82m |
Recent financial health updates
Fridenson Logistic Services (TLV:FRDN) Has A Pretty Healthy Balance Sheet
Jun 23
Fridenson Logistic Services (TLV:FRDN) Has A Somewhat Strained Balance Sheet
Jan 17Is Fridenson Logistic Services (TLV:FRDN) A Risky Investment?
Oct 26Is Fridenson Logistic Services (TLV:FRDN) Using Too Much Debt?
Jan 07Recent updates
The Returns On Capital At Fridenson Logistic Services (TLV:FRDN) Don't Inspire Confidence
Jan 04Fridenson Logistic Services (TLV:FRDN) Has A Pretty Healthy Balance Sheet
Jun 23Fridenson Logistic Services (TLV:FRDN) Has A Somewhat Strained Balance Sheet
Jan 17Investors Will Want Fridenson Logistic Services' (TLV:FRDN) Growth In ROCE To Persist
Jan 05Fridenson Logistic Services' (TLV:FRDN) Promising Earnings May Rest On Soft Foundations
Dec 02Is Fridenson Logistic Services (TLV:FRDN) A Risky Investment?
Oct 26Estimating The Fair Value Of Fridenson Logistic Services Ltd (TLV:FRDN)
May 28Fridenson Logistic Services Ltd (TLV:FRDN) Is Yielding 2.6% - But Is It A Buy?
May 02Fridenson Logistic Services Ltd (TLV:FRDN) Goes Ex-Dividend Soon
Mar 10Returns On Capital At Fridenson Logistic Services (TLV:FRDN) Paint An Interesting Picture
Feb 28Fridenson Logistic Services Ltd's (TLV:FRDN) Share Price Not Quite Adding Up
Feb 02
Is Fridenson Logistic Services (TLV:FRDN) Using Too Much Debt?
Jan 07Read This Before Judging Fridenson Logistic Services Ltd's (TLV:FRDN) ROE
Dec 12Financial Position Analysis
Short Term Liabilities: FRDN's short term assets (₪158.2M) exceed its short term liabilities (₪144.8M).
Long Term Liabilities: FRDN's short term assets (₪158.2M) exceed its long term liabilities (₪26.5M).
Debt to Equity History and Analysis
Debt Level: FRDN's net debt to equity ratio (33.1%) is considered satisfactory.
Reducing Debt: FRDN's debt to equity ratio has reduced from 130.7% to 49.6% over the past 5 years.
Debt Coverage: FRDN's debt is well covered by operating cash flow (37.3%).
Interest Coverage: FRDN's interest payments on its debt are well covered by EBIT (3.3x coverage).