Michman Finance Balance Sheet Health
Financial Health criteria checks 3/6
Michman Finance has a total shareholder equity of ₪138.2M and total debt of ₪525.2M, which brings its debt-to-equity ratio to 379.9%. Its total assets and total liabilities are ₪692.5M and ₪554.3M respectively.
Key information
379.9%
Debt to equity ratio
₪525.21m
Debt
Interest coverage ratio | n/a |
Cash | ₪32.24m |
Equity | ₪138.24m |
Total liabilities | ₪554.27m |
Total assets | ₪692.51m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: MCMN's short term assets (₪578.0M) exceed its short term liabilities (₪426.8M).
Long Term Liabilities: MCMN's short term assets (₪578.0M) exceed its long term liabilities (₪127.5M).
Debt to Equity History and Analysis
Debt Level: MCMN's net debt to equity ratio (356.6%) is considered high.
Reducing Debt: MCMN's debt to equity ratio has reduced from 671% to 379.9% over the past 5 years.
Debt Coverage: MCMN's debt is not well covered by operating cash flow (15.1%).
Interest Coverage: Insufficient data to determine if MCMN's interest payments on its debt are well covered by EBIT.