Mendelson Infrastructures & Industries Balance Sheet Health
Financial Health criteria checks 6/6
Mendelson Infrastructures & Industries has a total shareholder equity of ₪462.3M and total debt of ₪160.1M, which brings its debt-to-equity ratio to 34.6%. Its total assets and total liabilities are ₪959.4M and ₪497.2M respectively. Mendelson Infrastructures & Industries's EBIT is ₪70.6M making its interest coverage ratio 4.9. It has cash and short-term investments of ₪24.6M.
Key information
34.6%
Debt to equity ratio
₪160.13m
Debt
| Interest coverage ratio | 4.9x |
| Cash | ₪24.61m |
| Equity | ₪462.25m |
| Total liabilities | ₪497.19m |
| Total assets | ₪959.44m |
Recent financial health updates
Does Mendelson Infrastructures & Industries (TLV:MNIN) Have A Healthy Balance Sheet?
Mar 27
Mendelson Infrastructures & Industries (TLV:MNIN) Could Easily Take On More Debt
Aug 12Mendelson Infrastructures & Industries (TLV:MNIN) Seems To Use Debt Quite Sensibly
Mar 05Mendelson Infrastructures & Industries (TLV:MNIN) Seems To Use Debt Quite Sensibly
Nov 25
Recent updates
Investors Can Find Comfort In Mendelson Infrastructures & Industries' (TLV:MNIN) Earnings Quality
Mar 28Mendelson Infrastructures & Industries Ltd.'s (TLV:MNIN) Shares May Have Run Too Fast Too Soon
Dec 21Returns On Capital At Mendelson Infrastructures & Industries (TLV:MNIN) Paint A Concerning Picture
Oct 27Does Mendelson Infrastructures & Industries (TLV:MNIN) Have A Healthy Balance Sheet?
Mar 27Returns At Mendelson Infrastructures & Industries (TLV:MNIN) Are On The Way Up
Dec 08There's Been No Shortage Of Growth Recently For Mendelson Infrastructures & Industries' (TLV:MNIN) Returns On Capital
May 11Mendelson Infrastructures & Industries (TLV:MNIN) Could Easily Take On More Debt
Aug 12The Return Trends At Mendelson Infrastructures & Industries (TLV:MNIN) Look Promising
Jun 11What To Know Before Buying Mendelson Infrastructures & Industries Ltd. (TLV:MNIN) For Its Dividend
Apr 07Mendelson Infrastructures & Industries (TLV:MNIN) Seems To Use Debt Quite Sensibly
Mar 05Is Mendelson Infrastructures & Industries Ltd.'s (TLV:MNIN) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Feb 15Did Mendelson Infrastructures & Industries' (TLV:MNIN) Share Price Deserve to Gain 78%?
Feb 01Will the Promising Trends At Mendelson Infrastructures & Industries (TLV:MNIN) Continue?
Jan 18The Attractive Combination That Could Earn Mendelson Infrastructures & Industries Ltd. (TLV:MNIN) A Place In Your Dividend Portfolio
Jan 04What Kind Of Shareholders Hold The Majority In Mendelson Infrastructures & Industries Ltd.'s (TLV:MNIN) Shares?
Dec 22Are Mendelson Infrastructures & Industries's (TLV:MNIN) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Dec 08Mendelson Infrastructures & Industries (TLV:MNIN) Seems To Use Debt Quite Sensibly
Nov 25Financial Position Analysis
Short Term Liabilities: MNIN's short term assets (₪707.5M) exceed its short term liabilities (₪339.7M).
Long Term Liabilities: MNIN's short term assets (₪707.5M) exceed its long term liabilities (₪157.5M).
Debt to Equity History and Analysis
Debt Level: MNIN's net debt to equity ratio (29.3%) is considered satisfactory.
Reducing Debt: MNIN's debt to equity ratio has reduced from 49.6% to 34.6% over the past 5 years.
Debt Coverage: MNIN's debt is well covered by operating cash flow (68.5%).
Interest Coverage: MNIN's interest payments on its debt are well covered by EBIT (4.9x coverage).