Menif - Financial Services Ltd

TASE:MNIF Stock Report

Market Cap: ₪671.9m

Menif - Financial Services Balance Sheet Health

Financial Health criteria checks 3/6

Menif - Financial Services has a total shareholder equity of ₪485.9M and total debt of ₪2.3B, which brings its debt-to-equity ratio to 478.4%. Its total assets and total liabilities are ₪2.8B and ₪2.4B respectively.

Key information

478.4%

Debt to equity ratio

₪2.32b

Debt

Interest coverage ration/a
Cash₪19.67m
Equity₪485.92m
Total liabilities₪2.36b
Total assets₪2.84b

Recent financial health updates

No updates

Recent updates

Does Menif - Financial Services (TLV:MNIF) Deserve A Spot On Your Watchlist?

Jan 05
Does Menif - Financial Services (TLV:MNIF) Deserve A Spot On Your Watchlist?

Take Care Before Diving Into The Deep End On Menif Financial Services, Ltd. (TLV:MNIF)

May 10
Take Care Before Diving Into The Deep End On Menif Financial Services, Ltd. (TLV:MNIF)

Financial Position Analysis

Short Term Liabilities: MNIF's short term assets (₪2.8B) exceed its short term liabilities (₪1.2B).

Long Term Liabilities: MNIF's short term assets (₪2.8B) exceed its long term liabilities (₪1.1B).


Debt to Equity History and Analysis

Debt Level: MNIF's net debt to equity ratio (474.3%) is considered high.

Reducing Debt: MNIF's debt to equity ratio has reduced from 1523% to 478.4% over the past 5 years.

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

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


Balance Sheet


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Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.