Automatic Bank Services Balance Sheet Health
Financial Health criteria checks 6/6
Automatic Bank Services has a total shareholder equity of ₪219.0M and total debt of ₪0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₪291.2M and ₪72.1M respectively. Automatic Bank Services's EBIT is ₪47.7M making its interest coverage ratio -5.9. It has cash and short-term investments of ₪180.6M.
Key information
0%
Debt to equity ratio
₪0
Debt
Interest coverage ratio | -5.9x |
Cash | ₪180.62m |
Equity | ₪219.04m |
Total liabilities | ₪72.13m |
Total assets | ₪291.16m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ABAN.F's short term assets (₪221.1M) exceed its short term liabilities (₪49.8M).
Long Term Liabilities: ABAN.F's short term assets (₪221.1M) exceed its long term liabilities (₪22.3M).
Debt to Equity History and Analysis
Debt Level: ABAN.F is debt free.
Reducing Debt: ABAN.F has not had any debt for past 5 years.
Debt Coverage: ABAN.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ABAN.F has no debt, therefore coverage of interest payments is not a concern.