Meshulam Levinstein Contracting & Engineering Balance Sheet Health
Financial Health criteria checks 1/6
Meshulam Levinstein Contracting & Engineering has a total shareholder equity of ₪1.7B and total debt of ₪1.5B, which brings its debt-to-equity ratio to 90.1%. Its total assets and total liabilities are ₪3.8B and ₪2.1B respectively. Meshulam Levinstein Contracting & Engineering's EBIT is ₪129.9M making its interest coverage ratio 2.9. It has cash and short-term investments of ₪226.8M.
Key information
90.1%
Debt to equity ratio
₪1.52b
Debt
Interest coverage ratio | 2.9x |
Cash | ₪226.79m |
Equity | ₪1.69b |
Total liabilities | ₪2.09b |
Total assets | ₪3.78b |
Recent financial health updates
Does Meshulam Levinstein Contracting & Engineering (TLV:LEVI) Have A Healthy Balance Sheet?
Mar 22Meshulam Levinstein Contracting & Engineering (TLV:LEVI) Takes On Some Risk With Its Use Of Debt
Aug 29Does Meshulam Levinstein Contracting & Engineering (TLV:LEVI) Have A Healthy Balance Sheet?
May 24Meshulam Levinstein Contracting & Engineering (TLV:LEVI) Has A Somewhat Strained Balance Sheet
Jan 26Recent updates
Meshulam Levinstein Contracting & Engineering Ltd. (TLV:LEVI) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected
Nov 14Slowing Rates Of Return At Meshulam Levinstein Contracting & Engineering (TLV:LEVI) Leave Little Room For Excitement
Nov 02We Think That There Are More Issues For Meshulam Levinstein Contracting & Engineering (TLV:LEVI) Than Just Sluggish Earnings
Sep 01Does Meshulam Levinstein Contracting & Engineering (TLV:LEVI) Have A Healthy Balance Sheet?
Mar 22Meshulam Levinstein Contracting & Engineering Ltd.'s (TLV:LEVI) Shares Bounce 25% But Its Business Still Trails The Market
Jan 01Returns At Meshulam Levinstein Contracting & Engineering (TLV:LEVI) Are On The Way Up
Dec 21We Ran A Stock Scan For Earnings Growth And Meshulam Levinstein Contracting & Engineering (TLV:LEVI) Passed With Ease
Jan 12With EPS Growth And More, Meshulam Levinstein Contracting & Engineering (TLV:LEVI) Makes An Interesting Case
Aug 30Here's Why We Think Meshulam Levinstein Contracting & Engineering (TLV:LEVI) Is Well Worth Watching
May 27Calculating The Intrinsic Value Of Meshulam Levinstein Contracting & Engineering Ltd. (TLV:LEVI)
May 06Meshulam Levinstein Contracting & Engineering (TLV:LEVI) Shareholders Will Want The ROCE Trajectory To Continue
Apr 18Meshulam Levinstein Contracting & Engineering (TLV:LEVI) Takes On Some Risk With Its Use Of Debt
Aug 29Meshulam Levinstein Contracting & Engineering's (TLV:LEVI) Returns On Capital Are Heading Higher
Aug 10Does Meshulam Levinstein Contracting & Engineering (TLV:LEVI) Have A Healthy Balance Sheet?
May 24Meshulam Levinstein Contracting & Engineering (TLV:LEVI) Is Doing The Right Things To Multiply Its Share Price
May 05Should Meshulam Levinstein Contracting & Engineering Ltd. (TLV:LEVI) Be Part Of Your Dividend Portfolio?
Apr 18Do Institutions Own Meshulam Levinstein Contracting & Engineering Ltd. (TLV:LEVI) Shares?
Mar 09Did You Participate In Any Of Meshulam Levinstein Contracting & Engineering's (TLV:LEVI) Fantastic 197% Return ?
Feb 22Should You Rely On Meshulam Levinstein Contracting & Engineering's (TLV:LEVI) Earnings Growth?
Feb 08Meshulam Levinstein Contracting & Engineering (TLV:LEVI) Has A Somewhat Strained Balance Sheet
Jan 26Meshulam Levinstein Contracting & Engineering Ltd.'s (TLV:LEVI) 1.0% Dividend Yield Looks Pretty Interesting
Jan 13Is There More Growth In Store For Meshulam Levinstein Contracting & Engineering's (TLV:LEVI) Returns On Capital?
Dec 31Is Meshulam Levinstein Contracting & Engineering Ltd.'s (TLV:LEVI) Latest Stock Performance A Reflection Of Its Financial Health?
Dec 15What Type Of Shareholders Own The Most Number of Meshulam Levinstein Contracting & Engineering Ltd. (TLV:LEVI) Shares?
Nov 30Financial Position Analysis
Short Term Liabilities: LEVI's short term assets (₪844.4M) do not cover its short term liabilities (₪1.1B).
Long Term Liabilities: LEVI's short term assets (₪844.4M) do not cover its long term liabilities (₪997.7M).
Debt to Equity History and Analysis
Debt Level: LEVI's net debt to equity ratio (76.7%) is considered high.
Reducing Debt: LEVI's debt to equity ratio has reduced from 111.1% to 90.1% over the past 5 years.
Debt Coverage: LEVI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: LEVI's interest payments on its debt are not well covered by EBIT (2.9x coverage).