Michman Finance Balance Sheet Health
Financial Health criteria checks 3/6
Michman Finance has a total shareholder equity of ₪158.6M and total debt of ₪521.6M, which brings its debt-to-equity ratio to 328.9%. Its total assets and total liabilities are ₪705.0M and ₪546.4M respectively.
Key information
328.9%
Debt to equity ratio
₪521.63m
Debt
| Interest coverage ratio | n/a |
| Cash | ₪47.59m |
| Equity | ₪158.59m |
| Total liabilities | ₪546.41m |
| Total assets | ₪705.00m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: MCMN's short term assets (₪586.7M) exceed its short term liabilities (₪282.3M).
Long Term Liabilities: MCMN's short term assets (₪586.7M) exceed its long term liabilities (₪264.1M).
Debt to Equity History and Analysis
Debt Level: MCMN's net debt to equity ratio (298.9%) is considered high.
Reducing Debt: MCMN's debt to equity ratio has reduced from 685% to 328.9% over the past 5 years.
Debt Coverage: MCMN's debt is not well covered by operating cash flow (1.5%).
Interest Coverage: Insufficient data to determine if MCMN's interest payments on its debt are well covered by EBIT.