Mivtach Shamir Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Mivtach Shamir Holdings has a total shareholder equity of ₪2.0B and total debt of ₪2.6B, which brings its debt-to-equity ratio to 128.2%. Its total assets and total liabilities are ₪4.6B and ₪2.6B respectively. Mivtach Shamir Holdings's EBIT is ₪258.3M making its interest coverage ratio 1.4. It has cash and short-term investments of ₪311.6M.
Key information
128.2%
Debt to equity ratio
₪2.55b
Debt
| Interest coverage ratio | 1.4x |
| Cash | ₪311.58m |
| Equity | ₪1.99b |
| Total liabilities | ₪2.64b |
| Total assets | ₪4.63b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: MISH's short term assets (₪1.7B) exceed its short term liabilities (₪1.1B).
Long Term Liabilities: MISH's short term assets (₪1.7B) exceed its long term liabilities (₪1.6B).
Debt to Equity History and Analysis
Debt Level: MISH's net debt to equity ratio (112.6%) is considered high.
Reducing Debt: MISH's debt to equity ratio has increased from 61.3% to 128.2% 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 (1.4x coverage).