Fridenson Logistic Services Balance Sheet Health
Financial Health criteria checks 5/6
Fridenson Logistic Services has a total shareholder equity of ₪170.7M and total debt of ₪74.1M, which brings its debt-to-equity ratio to 43.4%. Its total assets and total liabilities are ₪325.0M and ₪154.3M respectively. Fridenson Logistic Services's EBIT is ₪13.9M making its interest coverage ratio 2.5. It has cash and short-term investments of ₪19.3M.
Key information
43.4%
Debt to equity ratio
₪74.14m
Debt
Interest coverage ratio | 2.5x |
Cash | ₪19.35m |
Equity | ₪170.67m |
Total liabilities | ₪154.31m |
Total assets | ₪324.99m |
Recent financial health updates
Fridenson Logistic Services (TLV:FRDN) Has A Pretty Healthy Balance Sheet
Jun 23Fridenson 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 02Is 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 (₪132.9M) exceed its short term liabilities (₪130.2M).
Long Term Liabilities: FRDN's short term assets (₪132.9M) exceed its long term liabilities (₪24.1M).
Debt to Equity History and Analysis
Debt Level: FRDN's net debt to equity ratio (32.1%) is considered satisfactory.
Reducing Debt: FRDN's debt to equity ratio has reduced from 129.6% to 43.4% over the past 5 years.
Debt Coverage: FRDN's debt is well covered by operating cash flow (47.5%).
Interest Coverage: FRDN's interest payments on its debt are not well covered by EBIT (2.5x coverage).