Tel-Aviv Stock Exchange Balance Sheet Health
Financial Health criteria checks 5/6
Tel-Aviv Stock Exchange has a total shareholder equity of ₪686.7M and total debt of ₪112.4M, which brings its debt-to-equity ratio to 16.4%. Its total assets and total liabilities are ₪1.9B and ₪1.2B respectively. Tel-Aviv Stock Exchange's EBIT is ₪126.6M making its interest coverage ratio -19.1. It has cash and short-term investments of ₪498.3M.
Key information
16.4%
Debt to equity ratio
₪112.38m
Debt
| Interest coverage ratio | -19.1x |
| Cash | ₪498.28m |
| Equity | ₪686.67m |
| Total liabilities | ₪1.21b |
| Total assets | ₪1.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TVAV.F's short term assets (₪1.4B) exceed its short term liabilities (₪1.0B).
Long Term Liabilities: TVAV.F's short term assets (₪1.4B) exceed its long term liabilities (₪159.1M).
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 16.4% over the past 5 years.
Debt Coverage: TVAV.F's debt is well covered by operating cash flow (139.4%).
Interest Coverage: TVAV.F earns more interest than it pays, so coverage of interest payments is not a concern.