Shagrir Group Vehicle Services Balance Sheet Health
Financial Health criteria checks 3/6
Shagrir Group Vehicle Services has a total shareholder equity of ₪162.4M and total debt of ₪86.1M, which brings its debt-to-equity ratio to 53%. Its total assets and total liabilities are ₪479.5M and ₪317.2M respectively. Shagrir Group Vehicle Services's EBIT is ₪24.2M making its interest coverage ratio -66.3. It has cash and short-term investments of ₪13.5M.
Key information
53.0%
Debt to equity ratio
₪86.08m
Debt
| Interest coverage ratio | -66.3x |
| Cash | ₪13.47m |
| Equity | ₪162.35m |
| Total liabilities | ₪317.16m |
| Total assets | ₪479.52m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SRRP.F's short term assets (₪141.8M) do not cover its short term liabilities (₪178.0M).
Long Term Liabilities: SRRP.F's short term assets (₪141.8M) exceed its long term liabilities (₪139.2M).
Debt to Equity History and Analysis
Debt Level: SRRP.F's net debt to equity ratio (44.7%) is considered high.
Reducing Debt: SRRP.F's debt to equity ratio has increased from 39.8% to 53% over the past 5 years.
Debt Coverage: SRRP.F's debt is well covered by operating cash flow (88.5%).
Interest Coverage: SRRP.F earns more interest than it pays, so coverage of interest payments is not a concern.