Automatic Bank Services Limited

Tel Aviv Stock Exchange SHVA.TA

Automatic Bank Services Limited Interest Coverage Ratio for the year ending December 31, 2023: 65.20

Automatic Bank Services Limited Interest Coverage Ratio is 65.20 for the year ending December 31, 2023, a -25.60% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Automatic Bank Services Limited Interest Coverage Ratio for the year ending December 31, 2022 was 87.64, a -46.29% change year over year.
Automatic Bank Services Limited Interest Coverage Ratio for the year ending December 31, 2021 was 163.17, a 51.65% change year over year.
Automatic Bank Services Limited Interest Coverage Ratio for the year ending December 31, 2020 was 107.59, a 40.83% change year over year.
Automatic Bank Services Limited Interest Coverage Ratio for the year ending December 31, 2019 was 76.40, a 1,160.19% change year over year.

Key data

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

Tel Aviv Stock Exchange: SHVA.TA

Automatic Bank Services Limited

CEO	Mr. Eiran Lev-Tov
IPO Date	June 16, 2019
Location	Israel
Headquarters	The Embroiderers 26
Employees	126
Sector	Finance
Industries Credit Cards & Payments

Description

Automatic Bank Services Limited operates payment systems for international debit cards in Israel. It serves as an infrastructure for credit card clearing; works with various credit companies as clearers and issuers; works with distributors and manufacturers; provides service to businesses; and activates the confirmation switch on the ATM devices. Automatic Bank Services Limited is based in Holon, Israel.

Key trends

Past 5 years