Adgar Investments and Development Ltd

Tel Aviv Stock Exchange ADGR.TA

Adgar Investments and Development Ltd Interest Coverage Ratio for the year ending December 31, 2023: 1.71

Adgar Investments and Development Ltd Interest Coverage Ratio is 1.71 for the year ending December 31, 2023, a 68.42% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Adgar Investments and Development Ltd Interest Coverage Ratio for the year ending December 31, 2022 was 1.01, a -7.18% change year over year.
Adgar Investments and Development Ltd Interest Coverage Ratio for the year ending December 31, 2021 was 1.09.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

Tel Aviv Stock Exchange: ADGR.TA

Adgar Investments and Development Ltd

CEO	Mr. Roy Gadish
IPO Date	Feb. 1, 2000
Location	Israel
Headquarters	35 Efal Street
Employees	148
Sector	Finance
Industries Investment Banking & Asset Management

Description

Adgar Investments and Development Ltd engages in the real estate activities in Israel, Canada, Poland, and Belgium. The company primarily invests in office properties. It also develops income-producing office assets through land purchases and utilization of land reserves associated to various property holdings. The company was incorporated in 1977 and is based in Petah Tikva, Israel. Adgar Investments and Development Ltd is a subsidiary of Direct IDI Holdings Ltd.

Key trends

Past 5 years