Mivtach Shamir Holdings Balance Sheet Health
Financial Health criteria checks 1/6
Mivtach Shamir Holdings has a total shareholder equity of ₪1.7B and total debt of ₪2.3B, which brings its debt-to-equity ratio to 138.6%. Its total assets and total liabilities are ₪4.1B and ₪2.4B respectively. Mivtach Shamir Holdings's EBIT is ₪315.3M making its interest coverage ratio 2. It has cash and short-term investments of ₪60.5M.
Key information
138.6%
Debt to equity ratio
₪2.32b
Debt
| Interest coverage ratio | 2x |
| Cash | ₪60.51m |
| Equity | ₪1.67b |
| Total liabilities | ₪2.39b |
| Total assets | ₪4.06b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: MISH's short term assets (₪1.3B) exceed its short term liabilities (₪787.1M).
Long Term Liabilities: MISH's short term assets (₪1.3B) do not cover its long term liabilities (₪1.6B).
Debt to Equity History and Analysis
Debt Level: MISH's net debt to equity ratio (135%) is considered high.
Reducing Debt: MISH's debt to equity ratio has increased from 53.3% to 138.6% over the past 5 years.
Debt Coverage: MISH's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MISH's interest payments on its debt are not well covered by EBIT (2x coverage).