Migdalor- Alternative Products Balance Sheet Health
Financial Health criteria checks 6/6
Migdalor- Alternative Products has a total shareholder equity of ₪51.1M and total debt of ₪0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₪72.2M and ₪21.0M respectively.
Key information
0%
Debt to equity ratio
₪0
Debt
| Interest coverage ratio | n/a |
| Cash | ₪39.05m |
| Equity | ₪51.15m |
| Total liabilities | ₪21.05m |
| Total assets | ₪72.20m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MGDA's short term assets (₪48.9M) exceed its short term liabilities (₪6.4M).
Long Term Liabilities: MGDA's short term assets (₪48.9M) exceed its long term liabilities (₪14.7M).
Debt to Equity History and Analysis
Debt Level: MGDA is debt free.
Reducing Debt: MGDA had no debt 5 years ago.
Debt Coverage: MGDA has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MGDA has no debt, therefore coverage of interest payments is not a concern.