Brand Group (M.G) Balance Sheet Health
Financial Health criteria checks 5/6
Brand Group (M.G) has a total shareholder equity of ₪169.6M and total debt of ₪98.4M, which brings its debt-to-equity ratio to 58%. Its total assets and total liabilities are ₪374.1M and ₪204.5M respectively. Brand Group (M.G)'s EBIT is ₪26.0M making its interest coverage ratio 10.4. It has cash and short-term investments of ₪19.8M.
Key information
58.0%
Debt to equity ratio
₪98.35m
Debt
Interest coverage ratio | 10.4x |
Cash | ₪19.79m |
Equity | ₪169.63m |
Total liabilities | ₪204.50m |
Total assets | ₪374.12m |
Recent financial health updates
Recent updates
Risks Still Elevated At These Prices As Brand Group (M.G) Ltd (TLV:BRND) Shares Dive 27%
Apr 11Insufficient Growth At Brand Group (M.G) Ltd (TLV:BRND) Hampers Share Price
Jan 24Is Brand Group (M.G) (TLV:BRND) Using Too Much Debt?
May 16Brand Group (M.G) (TLV:BRND) Shareholders Will Want The ROCE Trajectory To Continue
Feb 24Financial Position Analysis
Short Term Liabilities: BRND's short term assets (₪170.3M) exceed its short term liabilities (₪133.7M).
Long Term Liabilities: BRND's short term assets (₪170.3M) exceed its long term liabilities (₪70.8M).
Debt to Equity History and Analysis
Debt Level: BRND's net debt to equity ratio (46.3%) is considered high.
Reducing Debt: BRND's debt to equity ratio has reduced from 230.1% to 58% over the past 5 years.
Debt Coverage: BRND's debt is well covered by operating cash flow (39.2%).
Interest Coverage: BRND's interest payments on its debt are well covered by EBIT (10.4x coverage).