Israel Balance Sheet Health
Financial Health criteria checks 6/6
Israel has a total shareholder equity of $6.1B and total debt of $2.5B, which brings its debt-to-equity ratio to 40%. Its total assets and total liabilities are $11.6B and $5.4B respectively. Israel's EBIT is $794.0M making its interest coverage ratio 11. It has cash and short-term investments of $503.0M.
Key information
40.0%
Debt to equity ratio
US$2.45b
Debt
| Interest coverage ratio | 11x |
| Cash | US$503.00m |
| Equity | US$6.14b |
| Total liabilities | US$5.42b |
| Total assets | US$11.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IRLC.F's short term assets ($3.8B) exceed its short term liabilities ($2.5B).
Long Term Liabilities: IRLC.F's short term assets ($3.8B) exceed its long term liabilities ($3.0B).
Debt to Equity History and Analysis
Debt Level: IRLC.F's net debt to equity ratio (31.8%) is considered satisfactory.
Reducing Debt: IRLC.F's debt to equity ratio has reduced from 102.8% to 40% over the past 5 years.
Debt Coverage: IRLC.F's debt is well covered by operating cash flow (64.5%).
Interest Coverage: IRLC.F's interest payments on its debt are well covered by EBIT (11x coverage).