Israel Balance Sheet Health
Financial Health criteria checks 6/6
Israel has a total shareholder equity of $6.4B and total debt of $3.3B, which brings its debt-to-equity ratio to 52.3%. Its total assets and total liabilities are $12.9B and $6.5B respectively. Israel's EBIT is $1.2B making its interest coverage ratio 11.6. It has cash and short-term investments of $1.6B.
Key information
52.3%
Debt to equity ratio
US$3.33b
Debt
Interest coverage ratio | 11.6x |
Cash | US$1.62b |
Equity | US$6.37b |
Total liabilities | US$6.53b |
Total assets | US$12.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IRLC.F's short term assets ($5.0B) exceed its short term liabilities ($2.9B).
Long Term Liabilities: IRLC.F's short term assets ($5.0B) exceed its long term liabilities ($3.7B).
Debt to Equity History and Analysis
Debt Level: IRLC.F's net debt to equity ratio (26.9%) is considered satisfactory.
Reducing Debt: IRLC.F's debt to equity ratio has reduced from 111% to 52.3% over the past 5 years.
Debt Coverage: IRLC.F's debt is well covered by operating cash flow (54.7%).
Interest Coverage: IRLC.F's interest payments on its debt are well covered by EBIT (11.6x coverage).