O.Y. Nofar Energy Balance Sheet Health
Financial Health criteria checks 2/6
O.Y. Nofar Energy has a total shareholder equity of ₪2.8B and total debt of ₪2.2B, which brings its debt-to-equity ratio to 80.1%. Its total assets and total liabilities are ₪5.7B and ₪2.9B respectively.
Key information
80.1%
Debt to equity ratio
₪2.22b
Debt
| Interest coverage ratio | n/a |
| Cash | ₪671.40m |
| Equity | ₪2.77b |
| Total liabilities | ₪2.90b |
| Total assets | ₪5.67b |
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 (₪1.0B) exceed its short term liabilities (₪348.1M).
Long Term Liabilities: NOFR's short term assets (₪1.0B) do not cover its long term liabilities (₪2.5B).
Debt to Equity History and Analysis
Debt Level: NOFR's net debt to equity ratio (55.8%) is considered high.
Reducing Debt: NOFR's debt to equity ratio has reduced from 176.5% to 80.1% 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: Insufficient data to determine if NOFR has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if NOFR has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.