Ackerstein Group Ltd

Tel Aviv Stock Exchange ACKR.TA

Ackerstein Group Ltd Interest Coverage Ratio for the year ending December 31, 2023: 7.77

Ackerstein Group Ltd Interest Coverage Ratio is 7.77 for the year ending December 31, 2023, a -16.33% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.
  • Ackerstein Group Ltd Interest Coverage Ratio for the year ending December 31, 2022 was 9.29, a 42.68% change year over year.
  • Ackerstein Group Ltd Interest Coverage Ratio for the year ending December 31, 2021 was 6.51, a 12.70% change year over year.
  • Ackerstein Group Ltd Interest Coverage Ratio for the year ending December 31, 2020 was 5.77, a -37.10% change year over year.
  • Ackerstein Group Ltd Interest Coverage Ratio for the year ending December 31, 2019 was 9.18, a 10.67% change year over year.
Key data
Date Interest Coverage Ratio Debt to Equity Ratio Interest Expense To Sales Inventory Turnover Ratio
Market news
SV Wall Street
Tel Aviv Stock Exchange: ACKR.TA

Ackerstein Group Ltd

CEO Mr. Doron Sela
IPO Date June 8, 2021
Location Israel
Headquarters 103 State of the Jews
Employees 573
Sector Materials
Industries
Construction Materials Cement Ceramics Composite Materials Construction Homebuilding Infrastructure Steel
Description

Ackerstein Group Ltd operates in the infrastructure, construction, and environmental development sector. It is involved in underground infrastructure; civil engineering; production, marketing, and sale of concrete products for environmental development and landscape design, including interlocking stones; tiles for flooring and cladding; garden and curb stones; stairs and copings; mechanized infrastructure products, such as pipes; and other construction products. The company also engages in the real estate business. The company was founded in 1925 and is based in Herzliya, Israel.

StockViz Staff

February 7, 2025

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