Gold Bond Group Balance Sheet Health
Financial Health criteria checks 5/6
Gold Bond Group has a total shareholder equity of ₪874.4M and total debt of ₪30.0M, which brings its debt-to-equity ratio to 3.4%. Its total assets and total liabilities are ₪1.1B and ₪214.3M respectively. Gold Bond Group's EBIT is ₪13.4M making its interest coverage ratio -16.7. It has cash and short-term investments of ₪71.2M.
Key information
3.4%
Debt to equity ratio
₪30.00m
Debt
| Interest coverage ratio | -16.7x |
| Cash | ₪71.21m |
| Equity | ₪874.42m |
| Total liabilities | ₪214.26m |
| Total assets | ₪1.09b |
Recent financial health updates
Does Gold Bond Group (TLV:GOLD) Have A Healthy Balance Sheet?
Mar 25
Is Gold Bond Group (TLV:GOLD) Using Too Much Debt?
Mar 10Is Gold Bond Group (TLV:GOLD) Using Too Much Debt?
Dec 08
Recent updates
Investors Could Be Concerned With Gold Bond Group's (TLV:GOLD) Returns On Capital
May 21Does Gold Bond Group (TLV:GOLD) Have A Healthy Balance Sheet?
Mar 25Should You Be Adding Gold Bond Group (TLV:GOLD) To Your Watchlist Today?
Jun 13There Are Reasons To Feel Uneasy About Gold Bond Group's (TLV:GOLD) Returns On Capital
May 01Should You Buy The Gold Bond Group Ltd. (TLV:GOLD) For Its Dividend?
Mar 31Is Gold Bond Group (TLV:GOLD) Using Too Much Debt?
Mar 10How Much Did Gold Bond Group's(TLV:GOLD) Shareholders Earn From Share Price Movements Over The Last Three Years?
Feb 16We're Watching These Trends At Gold Bond Group (TLV:GOLD)
Jan 30Is The Gold Bond Group Ltd. (TLV:GOLD) The Right Choice For A Smart Dividend Investor?
Dec 23Is Gold Bond Group (TLV:GOLD) Using Too Much Debt?
Dec 08What Can We Learn About Gold Bond Group's (TLV:GOLD) CEO Compensation?
Nov 22Financial Position Analysis
Short Term Liabilities: GOLD's short term assets (₪127.7M) exceed its short term liabilities (₪40.3M).
Long Term Liabilities: GOLD's short term assets (₪127.7M) do not cover its long term liabilities (₪174.0M).
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 17.5% to 3.4% over the past 5 years.
Debt Coverage: GOLD's debt is well covered by operating cash flow (153.4%).
Interest Coverage: GOLD earns more interest than it pays, so coverage of interest payments is not a concern.