Ashtrom Group Balance Sheet Health
Financial Health criteria checks 1/6
Ashtrom Group has a total shareholder equity of ₪5.1B and total debt of ₪13.7B, which brings its debt-to-equity ratio to 271.5%. Its total assets and total liabilities are ₪21.2B and ₪16.1B respectively. Ashtrom Group's EBIT is ₪414.8M making its interest coverage ratio 0.8. It has cash and short-term investments of ₪1.8B.
Key information
271.5%
Debt to equity ratio
₪13.71b
Debt
| Interest coverage ratio | 0.8x |
| Cash | ₪1.81b |
| Equity | ₪5.05b |
| Total liabilities | ₪16.14b |
| Total assets | ₪21.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASHG.F's short term assets (₪4.4B) exceed its short term liabilities (₪4.3B).
Long Term Liabilities: ASHG.F's short term assets (₪4.4B) do not cover its long term liabilities (₪11.8B).
Debt to Equity History and Analysis
Debt Level: ASHG.F's net debt to equity ratio (235.6%) is considered high.
Reducing Debt: ASHG.F's debt to equity ratio has increased from 261.2% to 271.5% over the past 5 years.
Debt Coverage: ASHG.F's debt is not well covered by operating cash flow (10.7%).
Interest Coverage: ASHG.F's interest payments on its debt are not well covered by EBIT (0.8x coverage).