Michman Finance Balance Sheet Health

Financial Health criteria checks 3/6

Michman Finance has a total shareholder equity of ₪167.4M and total debt of ₪577.9M, which brings its debt-to-equity ratio to 345.3%. Its total assets and total liabilities are ₪771.5M and ₪604.1M respectively.

Key information

345.3%

Debt to equity ratio

₪577.90m

Debt

Interest coverage ratio	n/a
Cash	₪47.61m
Equity	₪167.35m
Total liabilities	₪604.13m
Total assets	₪771.49m

Recent financial health updates

No updates

Recent updates

Michman Finance Ltd (TLV:MCMN) Stock Catapults 28% Though Its Price And Business Still Lag The Market

Dec 11

Here's Why We Think Michman Besd (TLV:MCMN) Is Well Worth Watching

Mar 30

Michman Besd Ltd's (TLV:MCMN) Subdued P/E Might Signal An Opportunity

Jan 05

Financial Position Analysis

Short Term Liabilities: MCMN's short term assets (₪533.7M) exceed its short term liabilities (₪270.7M).

Long Term Liabilities: MCMN's short term assets (₪533.7M) exceed its long term liabilities (₪333.5M).

Debt to Equity History and Analysis

Debt Level: MCMN's net debt to equity ratio (316.9%) is considered high.

Reducing Debt: MCMN's debt to equity ratio has reduced from 687.6% to 345.3% over the past 5 years.

Debt Coverage: MCMN's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if MCMN's interest payments on its debt are well covered by EBIT.

Balance Sheet

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/31 21:09
End of Day Share Price	2024/12/31 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Michman Finance Ltd is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution