O.Y. Nofar Energy Balance Sheet Health
Financial Health criteria checks 3/6
O.Y. Nofar Energy has a total shareholder equity of ₪2.7B and total debt of ₪2.8B, which brings its debt-to-equity ratio to 101.5%. Its total assets and total liabilities are ₪6.2B and ₪3.5B respectively.
Key information
101.5%
Debt to equity ratio
₪2.75b
Debt
| Interest coverage ratio | n/a |
| Cash | ₪482.72m |
| Equity | ₪2.71b |
| Total liabilities | ₪3.49b |
| Total assets | ₪6.20b |
Recent financial health updates
No updates
Recent updates
The Returns On Capital At O.Y. Nofar Energy (TLV:NOFR) Don't Inspire Confidence
Jun 10
O.Y. Nofar Energy (TLV:NOFR) Will Be Hoping To Turn Its Returns On Capital Around
Feb 13Statutory Earnings May Not Be The Best Way To Understand O.Y. Nofar Energy's (TLV:NOFR) True Position
Dec 06Should You Be Impressed By O.Y. Nofar Energy Ltd's (TLV:NOFR) ROE?
Mar 18Financial Position Analysis
Short Term Liabilities: NOFR's short term assets (₪957.1M) exceed its short term liabilities (₪432.2M).
Long Term Liabilities: NOFR's short term assets (₪957.1M) do not cover its long term liabilities (₪3.1B).
Debt to Equity History and Analysis
Debt Level: NOFR's net debt to equity ratio (83.7%) is considered high.
Reducing Debt: NOFR's debt to equity ratio has reduced from 164.9% to 101.5% 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: NOFR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NOFR has sufficient cash runway for 2 years if free cash flow continues to reduce at historical rates of 42.6% each year.