Delek Group Balance Sheet Health
Financial Health criteria checks 4/6
Delek Group has a total shareholder equity of ₪14.9B and total debt of ₪14.3B, which brings its debt-to-equity ratio to 96.1%. Its total assets and total liabilities are ₪43.8B and ₪28.9B respectively. Delek Group's EBIT is ₪5.0B making its interest coverage ratio 3.2. It has cash and short-term investments of ₪1.6B.
Key information
96.1%
Debt to equity ratio
₪14.35b
Debt
Interest coverage ratio | 3.2x |
Cash | ₪1.60b |
Equity | ₪14.94b |
Total liabilities | ₪28.91b |
Total assets | ₪43.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DLKG.F's short term assets (₪6.7B) exceed its short term liabilities (₪5.9B).
Long Term Liabilities: DLKG.F's short term assets (₪6.7B) do not cover its long term liabilities (₪23.0B).
Debt to Equity History and Analysis
Debt Level: DLKG.F's net debt to equity ratio (85.4%) is considered high.
Reducing Debt: DLKG.F's debt to equity ratio has reduced from 183.3% to 96.1% over the past 5 years.
Debt Coverage: DLKG.F's debt is well covered by operating cash flow (43.5%).
Interest Coverage: DLKG.F's interest payments on its debt are well covered by EBIT (3.2x coverage).