Menif - Financial Services Balance Sheet Health
Financial Health criteria checks 3/6
Menif - Financial Services has a total shareholder equity of ₪450.7M and total debt of ₪2.1B, which brings its debt-to-equity ratio to 468.4%. Its total assets and total liabilities are ₪2.6B and ₪2.2B respectively.
Key information
468.4%
Debt to equity ratio
₪2.11b
Debt
| Interest coverage ratio | n/a |
| Cash | ₪22.10m |
| Equity | ₪450.69m |
| Total liabilities | ₪2.15b |
| Total assets | ₪2.60b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: MNIF's short term assets (₪2.6B) exceed its short term liabilities (₪723.8M).
Long Term Liabilities: MNIF's short term assets (₪2.6B) exceed its long term liabilities (₪1.4B).
Debt to Equity History and Analysis
Debt Level: MNIF's net debt to equity ratio (463.5%) is considered high.
Reducing Debt: MNIF's debt to equity ratio has reduced from 1722.8% to 468.4% 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.