Tel-Aviv Stock Exchange Balance Sheet Health
Financial Health criteria checks 5/6
Tel-Aviv Stock Exchange has a total shareholder equity of ₪659.0M and total debt of ₪124.9M, which brings its debt-to-equity ratio to 18.9%. Its total assets and total liabilities are ₪2.3B and ₪1.6B respectively. Tel-Aviv Stock Exchange's EBIT is ₪119.2M making its interest coverage ratio -26.1. It has cash and short-term investments of ₪479.1M.
Key information
18.9%
Debt to equity ratio
₪124.87m
Debt
| Interest coverage ratio | -26.1x |
| Cash | ₪479.11m |
| Equity | ₪659.00m |
| Total liabilities | ₪1.64b |
| Total assets | ₪2.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TVAV.F's short term assets (₪1.8B) exceed its short term liabilities (₪1.5B).
Long Term Liabilities: TVAV.F's short term assets (₪1.8B) exceed its long term liabilities (₪171.8M).
Debt to Equity History and Analysis
Debt Level: TVAV.F has more cash than its total debt.
Reducing Debt: TVAV.F's debt to equity ratio has increased from 0% to 18.9% over the past 5 years.
Debt Coverage: TVAV.F's debt is well covered by operating cash flow (114.4%).
Interest Coverage: TVAV.F earns more interest than it pays, so coverage of interest payments is not a concern.