Energix - Renewable Energies Balance Sheet Health
Financial Health criteria checks 1/6
Energix - Renewable Energies has a total shareholder equity of ₪2.4B and total debt of ₪4.9B, which brings its debt-to-equity ratio to 206.4%. Its total assets and total liabilities are ₪9.8B and ₪7.4B respectively. Energix - Renewable Energies's EBIT is ₪174.0M making its interest coverage ratio 4.1. It has cash and short-term investments of ₪567.7M.
Key information
206.4%
Debt to equity ratio
₪4.89b
Debt
| Interest coverage ratio | 4.1x |
| Cash | ₪567.67m |
| Equity | ₪2.37b |
| Total liabilities | ₪7.44b |
| Total assets | ₪9.81b |
Recent financial health updates
Energix - Renewable Energies (TLV:ENRG) Takes On Some Risk With Its Use Of Debt
Feb 21
Does Energix - Renewable Energies (TLV:ENRG) Have A Healthy Balance Sheet?
Sep 05Here's Why Energix - Renewable Energies (TLV:ENRG) Has A Meaningful Debt Burden
May 18Is Energix - Renewable Energies (TLV:ENRG) A Risky Investment?
Jan 30Energix - Renewable Energies (TLV:ENRG) Has A Somewhat Strained Balance Sheet
Oct 12Energix - Renewable Energies (TLV:ENRG) Has A Somewhat Strained Balance Sheet
Jul 10Recent updates
Here's What's Concerning About Energix - Renewable Energies' (TLV:ENRG) Returns On Capital
Apr 15Energix - Renewable Energies' (TLV:ENRG) Profits Appear To Have Quality Issues
Mar 14Energix - Renewable Energies (TLV:ENRG) Takes On Some Risk With Its Use Of Debt
Feb 21Why Investors Shouldn't Be Surprised By Energix - Renewable Energies Ltd.'s (TLV:ENRG) P/E
Jan 03Investors Will Want Energix - Renewable Energies' (TLV:ENRG) Growth In ROCE To Persist
Dec 10Does Energix - Renewable Energies (TLV:ENRG) Have A Healthy Balance Sheet?
Sep 05Returns On Capital Are Showing Encouraging Signs At Energix - Renewable Energies (TLV:ENRG)
Aug 15Do Energix - Renewable Energies' (TLV:ENRG) Earnings Warrant Your Attention?
Jun 22Here's Why Energix - Renewable Energies (TLV:ENRG) Has A Meaningful Debt Burden
May 18The Return Trends At Energix - Renewable Energies (TLV:ENRG) Look Promising
May 03Do Energix - Renewable Energies' (TLV:ENRG) Earnings Warrant Your Attention?
Mar 09Is Energix - Renewable Energies (TLV:ENRG) A Risky Investment?
Jan 30Returns On Capital Are Showing Encouraging Signs At Energix - Renewable Energies (TLV:ENRG)
Jan 12Energix - Renewable Energies (TLV:ENRG) Has A Somewhat Strained Balance Sheet
Oct 12Does Energix - Renewable Energies (TLV:ENRG) Deserve A Spot On Your Watchlist?
Sep 22Energix - Renewable Energies (TLV:ENRG) Has A Somewhat Strained Balance Sheet
Jul 10Energix - Renewable Energies (TLV:ENRG) Is Doing The Right Things To Multiply Its Share Price
Jun 24Here's Why We Think Energix - Renewable Energies (TLV:ENRG) Is Well Worth Watching
Jun 07Does Energix - Renewable Energies (TLV:ENRG) Have A Healthy Balance Sheet?
Mar 30Energix - Renewable Energies (TLV:ENRG) Is Experiencing Growth In Returns On Capital
Mar 09Is Energix - Renewable Energies (TLV:ENRG) Using Too Much Debt?
Dec 21The Return Trends At Energix - Renewable Energies (TLV:ENRG) Look Promising
Nov 24Does Energix - Renewable Energies (TLV:ENRG) Have A Healthy Balance Sheet?
Aug 29Here's What To Make Of Energix - Renewable Energies' (TLV:ENRG) Decelerating Rates Of Return
Aug 02These 4 Measures Indicate That Energix - Renewable Energies (TLV:ENRG) Is Using Debt Extensively
May 23Returns Are Gaining Momentum At Energix - Renewable Energies (TLV:ENRG)
May 02Here's Why We Think Energix - Renewable Energies (TLV:ENRG) Is Well Worth Watching
Mar 18What Kind Of Shareholders Own Energix - Renewable Energies Ltd (TLV:ENRG)?
Mar 01Energix - Renewable Energies (TLV:ENRG) Has A Somewhat Strained Balance Sheet
Feb 08Here’s What’s Happening With Returns At Energix - Renewable Energies (TLV:ENRG)
Jan 22
Should You Rely On Energix - Renewable Energies's (TLV:ENRG) Earnings Growth?
Jan 05Energix - Renewable Energies Ltd's (TLV:ENRG) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
Dec 14How Many Energix - Renewable Energies Ltd (TLV:ENRG) Shares Do Institutions Own?
Nov 23Financial Position Analysis
Short Term Liabilities: ENRG's short term assets (₪1.4B) do not cover its short term liabilities (₪2.0B).
Long Term Liabilities: ENRG's short term assets (₪1.4B) do not cover its long term liabilities (₪5.4B).
Debt to Equity History and Analysis
Debt Level: ENRG's net debt to equity ratio (182.4%) is considered high.
Reducing Debt: ENRG's debt to equity ratio has increased from 121.2% to 206.4% over the past 5 years.
Debt Coverage: ENRG's debt is not well covered by operating cash flow (10.3%).
Interest Coverage: ENRG's interest payments on its debt are well covered by EBIT (4.1x coverage).