Hamama Meir Trading (1996) Balance Sheet Health
Financial Health criteria checks 5/6
Hamama Meir Trading (1996) has a total shareholder equity of ₪87.4M and total debt of ₪39.1M, which brings its debt-to-equity ratio to 44.7%. Its total assets and total liabilities are ₪176.1M and ₪88.6M respectively. Hamama Meir Trading (1996)'s EBIT is ₪9.0M making its interest coverage ratio 2. It has cash and short-term investments of ₪7.0M.
Key information
44.7%
Debt to equity ratio
₪39.10m
Debt
| Interest coverage ratio | 2x |
| Cash | ₪6.97m |
| Equity | ₪87.42m |
| Total liabilities | ₪88.64m |
| Total assets | ₪176.06m |
Recent financial health updates
These 4 Measures Indicate That Hamama Meir Trading (1996) (TLV:HMAM) Is Using Debt Extensively
Oct 12
We Think Hamama Meir Trading (1996) (TLV:HMAM) Is Taking Some Risk With Its Debt
May 21Recent updates
Hamama Meir Trading (1996) Ltd. (TLV:HMAM) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected
Apr 19Hamama Meir Trading (1996) Ltd.'s (TLV:HMAM) 26% Price Boost Is Out Of Tune With Revenues
Jan 16Calculating The Fair Value Of Hamama Meir Trading (1996) Ltd. (TLV:HMAM)
Nov 28These 4 Measures Indicate That Hamama Meir Trading (1996) (TLV:HMAM) Is Using Debt Extensively
Oct 12There's Been No Shortage Of Growth Recently For Hamama Meir Trading (1996)'s (TLV:HMAM) Returns On Capital
Aug 24Hamama Meir Trading (1996) Ltd.'s (TLV:HMAM) 33% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
Apr 18Does Hamama Meir Trading (1996) (TLV:HMAM) Deserve A Spot On Your Watchlist?
Mar 30Does Hamama Meir Trading (1996) (TLV:HMAM) Deserve A Spot On Your Watchlist?
Dec 27Returns At Hamama Meir Trading (1996) (TLV:HMAM) Are On The Way Up
Mar 31There's Been No Shortage Of Growth Recently For Hamama Meir Trading (1996)'s (TLV:HMAM) Returns On Capital
Sep 06We Think Hamama Meir Trading (1996) (TLV:HMAM) Is Taking Some Risk With Its Debt
May 21We Like The Quality Of Hamama Meir Trading (1996)'s (TLV:HMAM) Earnings
Mar 29Returns On Capital At Hamama Meir Trading (1996) (TLV:HMAM) Paint A Concerning Picture
Feb 22A Look At The Fair Value Of Hamama Meir Trading (1996) Ltd. (TLV:HMAM)
Dec 30How Does Hamama Meir Trading (1996)'s (TLV:HMAM) CEO Pay Compare With Company Performance?
Nov 25
Financial Position Analysis
Short Term Liabilities: HMAM's short term assets (₪163.5M) exceed its short term liabilities (₪81.2M).
Long Term Liabilities: HMAM's short term assets (₪163.5M) exceed its long term liabilities (₪7.4M).
Debt to Equity History and Analysis
Debt Level: HMAM's net debt to equity ratio (36.7%) is considered satisfactory.
Reducing Debt: HMAM's debt to equity ratio has reduced from 154% to 44.7% over the past 5 years.
Debt Coverage: HMAM's debt is well covered by operating cash flow (122.7%).
Interest Coverage: HMAM's interest payments on its debt are not well covered by EBIT (2x coverage).