Reit 1 Balance Sheet Health
Financial Health criteria checks 2/6
Reit 1 has a total shareholder equity of ₪4.0B and total debt of ₪4.2B, which brings its debt-to-equity ratio to 103.4%. Its total assets and total liabilities are ₪8.4B and ₪4.4B respectively. Reit 1's EBIT is ₪330.6M making its interest coverage ratio 3.4. It has cash and short-term investments of ₪34.7M.
Key information
103.4%
Debt to equity ratio
₪4.17b
Debt
| Interest coverage ratio | 3.4x |
| Cash | ₪34.74m |
| Equity | ₪4.03b |
| Total liabilities | ₪4.41b |
| Total assets | ₪8.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RETD.F's short term assets (₪200.3M) do not cover its short term liabilities (₪1.2B).
Long Term Liabilities: RETD.F's short term assets (₪200.3M) do not cover its long term liabilities (₪3.2B).
Debt to Equity History and Analysis
Debt Level: RETD.F's net debt to equity ratio (102.6%) is considered high.
Reducing Debt: RETD.F's debt to equity ratio has reduced from 105.8% to 103.4% over the past 5 years.
Debt Coverage: RETD.F's debt is not well covered by operating cash flow (7%).
Interest Coverage: RETD.F's interest payments on its debt are well covered by EBIT (3.4x coverage).