Ashot Ashkelon Industries Ltd.

Tel Aviv Stock Exchange ASHO.TA

Ashot Ashkelon Industries Ltd. Interest Coverage Ratio for the year ending December 31, 2023: 5.64

Ashot Ashkelon Industries Ltd. Interest Coverage Ratio is 5.64 for the year ending December 31, 2023, a 8.50% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.
  • Ashot Ashkelon Industries Ltd. Interest Coverage Ratio for the year ending December 31, 2022 was 5.19, a -13.97% change year over year.
  • Ashot Ashkelon Industries Ltd. Interest Coverage Ratio for the year ending December 31, 2021 was 6.04, a 135.92% change year over year.
  • Ashot Ashkelon Industries Ltd. Interest Coverage Ratio for the year ending December 31, 2020 was 2.56, a -68.54% change year over year.
  • Ashot Ashkelon Industries Ltd. Interest Coverage Ratio for the year ending December 31, 2019 was 8.13, a 195.31% change year over year.
Key data
Date Interest Coverage Ratio Debt to Equity Ratio Interest Expense To Sales Inventory Turnover Ratio
Market news
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SV Wall Street
Tel Aviv Stock Exchange: ASHO.TA

Ashot Ashkelon Industries Ltd.

CEO Mr. Eli Damari
IPO Date Feb. 1, 2000
Location Israel
Headquarters 1 Ezra Yessodi Street
Employees 440
Sector Industrials
Industries
Description

Ashot Ashkelon Industries Ltd. develops, manufactures, assembles, and supplies systems and components for aerospace and defense in Israel and internationally. It offers aerospace products, such as engine shafts and rotating parts; high lift system components, including universal joints, transmissions and gearboxes, lever bearing arms, and long and short shafts for rotary actuation; landing gears components for turbo prop and business jet aircraft; electro and mechanical assemblies for aerospace applications; gearboxes, transmissions, and gear-based products; and tungsten products, which are installed in various aircrafts to balance weights in the wing fuselage, vertical and horizontal stabilizers, helicopter rotors, propellers, and aerospace instruments. The company also provides land products comprising automated transmission products used in heavy-duty vehicles; final drive products; suspension systems, which include rotary and linear, shock absorbers, road arms, suspension springs and arms, tension mechanism, and road wheels tracks; and upgrade packages. It also serves agriculture, mining, marine, oil and gas, printing, construction, industrial, and commercial markets. The company is based in Ashkelon, Israel. Ashot Ashkelon Industries Ltd. operates as a subsidiary of Lahav Haherev Ltd.

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StockViz Staff

February 7, 2025

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