Doral Group Renewable Energy Resources Balance Sheet Health
Financial Health criteria checks 2/6
Doral Group Renewable Energy Resources has a total shareholder equity of ₪2.0B and total debt of ₪2.0B, which brings its debt-to-equity ratio to 100.7%. Its total assets and total liabilities are ₪4.5B and ₪2.5B respectively.
Key information
100.7%
Debt to equity ratio
₪2.03b
Debt
| Interest coverage ratio | n/a |
| Cash | ₪564.23m |
| Equity | ₪2.01b |
| Total liabilities | ₪2.51b |
| Total assets | ₪4.53b |
Recent financial health updates
Does Doral Group Renewable Energy Resources (TLV:DORL) Have A Healthy Balance Sheet?
Oct 09
Would Doral Group Renewable Energy Resources (TLV:DORL) Be Better Off With Less Debt?
Jun 17Doral Group Renewable Energy Resources (TLV:DORL) Is Carrying A Fair Bit Of Debt
Nov 05Is Doral Group Renewable Energy Resources (TLV:DORL) Using Debt In A Risky Way?
Mar 13Recent updates
Does Doral Group Renewable Energy Resources (TLV:DORL) Have A Healthy Balance Sheet?
Oct 09Would Doral Group Renewable Energy Resources (TLV:DORL) Be Better Off With Less Debt?
Jun 17Doral Group Renewable Energy Resources (TLV:DORL) Is Carrying A Fair Bit Of Debt
Nov 05Is Doral Group Renewable Energy Resources (TLV:DORL) Using Debt In A Risky Way?
Mar 13Should You Use Doral Group Renewable Energy Resources' (TLV:DORL) Statutory Earnings To Analyse It?
Feb 08Could The Doral Group Renewable Energy Resources Ltd (TLV:DORL) Ownership Structure Tell Us Something Useful?
Dec 16Financial Position Analysis
Short Term Liabilities: DORL's short term assets (₪936.7M) exceed its short term liabilities (₪838.3M).
Long Term Liabilities: DORL's short term assets (₪936.7M) do not cover its long term liabilities (₪1.7B).
Debt to Equity History and Analysis
Debt Level: DORL's net debt to equity ratio (72.6%) is considered high.
Reducing Debt: DORL's debt to equity ratio has increased from 45.5% to 100.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: DORL has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: DORL has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 52.2% each year.