The Gold Bond Group Ltd.

TASE:GOLD Stock Report

Market Cap: ₪518.3m

Gold Bond Group Balance Sheet Health

Financial Health criteria checks 5/6

Gold Bond Group has a total shareholder equity of ₪867.3M and total debt of ₪31.3M, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are ₪1.1B and ₪221.7M respectively. Gold Bond Group's EBIT is ₪15.0M making its interest coverage ratio 14.5. It has cash and short-term investments of ₪68.4M.

Key information

3.6%

Debt to equity ratio

₪31.25m

Debt

Interest coverage ratio14.5x
Cash₪68.41m
Equity₪867.30m
Total liabilities₪221.70m
Total assets₪1.09b

Recent financial health updates

Recent updates

Investors Could Be Concerned With Gold Bond Group's (TLV:GOLD) Returns On Capital

May 21
Investors Could Be Concerned With Gold Bond Group's (TLV:GOLD) Returns On Capital

Does Gold Bond Group (TLV:GOLD) Have A Healthy Balance Sheet?

Mar 25
Does Gold Bond Group (TLV:GOLD) Have A Healthy Balance Sheet?

Should You Be Adding Gold Bond Group (TLV:GOLD) To Your Watchlist Today?

Jun 13
Should You Be Adding Gold Bond Group (TLV:GOLD) To Your Watchlist Today?

There Are Reasons To Feel Uneasy About Gold Bond Group's (TLV:GOLD) Returns On Capital

May 01
There Are Reasons To Feel Uneasy About Gold Bond Group's (TLV:GOLD) Returns On Capital

Should You Buy The Gold Bond Group Ltd. (TLV:GOLD) For Its Dividend?

Mar 31
Should You Buy The Gold Bond Group Ltd. (TLV:GOLD) For Its Dividend?

Is Gold Bond Group (TLV:GOLD) Using Too Much Debt?

Mar 10
Is Gold Bond Group (TLV:GOLD) Using Too Much Debt?

How Much Did Gold Bond Group's(TLV:GOLD) Shareholders Earn From Share Price Movements Over The Last Three Years?

Feb 16
How Much Did Gold Bond Group's(TLV:GOLD) Shareholders Earn From Share Price Movements Over The Last Three Years?

We're Watching These Trends At Gold Bond Group (TLV:GOLD)

Jan 30
We're Watching These Trends At Gold Bond Group (TLV:GOLD)

Is The Gold Bond Group Ltd. (TLV:GOLD) The Right Choice For A Smart Dividend Investor?

Dec 23
Is The Gold Bond Group Ltd. (TLV:GOLD) The Right Choice For A Smart Dividend Investor?

Is Gold Bond Group (TLV:GOLD) Using Too Much Debt?

Dec 08
Is Gold Bond Group (TLV:GOLD) Using Too Much Debt?

What Can We Learn About Gold Bond Group's (TLV:GOLD) CEO Compensation?

Nov 22
What Can We Learn About Gold Bond Group's (TLV:GOLD) CEO Compensation?

Financial Position Analysis

Short Term Liabilities: GOLD's short term assets (₪131.1M) exceed its short term liabilities (₪44.7M).

Long Term Liabilities: GOLD's short term assets (₪131.1M) do not cover its long term liabilities (₪177.0M).


Debt to Equity History and Analysis

Debt Level: GOLD has more cash than its total debt.

Reducing Debt: GOLD's debt to equity ratio has reduced from 19.9% to 3.6% over the past 5 years.

Debt Coverage: GOLD's debt is well covered by operating cash flow (133.5%).

Interest Coverage: GOLD's interest payments on its debt are well covered by EBIT (14.5x coverage).


Balance Sheet


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Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.