Menif - Financial Services Balance Sheet Health
Financial Health criteria checks 3/6
Menif - Financial Services has a total shareholder equity of ₪514.5M and total debt of ₪2.4B, which brings its debt-to-equity ratio to 461.5%. Its total assets and total liabilities are ₪2.9B and ₪2.4B respectively.
Key information
461.5%
Debt to equity ratio
₪2.37b
Debt
| Interest coverage ratio | n/a |
| Cash | ₪33.59m |
| Equity | ₪514.51m |
| Total liabilities | ₪2.43b |
| Total assets | ₪2.94b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: MNIF's short term assets (₪2.9B) exceed its short term liabilities (₪1.0B).
Long Term Liabilities: MNIF's short term assets (₪2.9B) exceed its long term liabilities (₪1.4B).
Debt to Equity History and Analysis
Debt Level: MNIF's net debt to equity ratio (455%) is considered high.
Reducing Debt: MNIF's debt to equity ratio has reduced from 1381.2% to 461.5% 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.