Payment Financial Technologies Balance Sheet Health
Financial Health criteria checks 4/6
Payment Financial Technologies has a total shareholder equity of ₪66.0M and total debt of ₪42.8M, which brings its debt-to-equity ratio to 64.8%. Its total assets and total liabilities are ₪117.8M and ₪51.9M respectively. Payment Financial Technologies's EBIT is ₪20.2M making its interest coverage ratio 3.4. It has cash and short-term investments of ₪15.4M.
Key information
64.8%
Debt to equity ratio
₪42.79m
Debt
| Interest coverage ratio | 3.4x |
| Cash | ₪15.42m |
| Equity | ₪65.98m |
| Total liabilities | ₪51.86m |
| Total assets | ₪117.84m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: PMNT's short term assets (₪106.7M) exceed its short term liabilities (₪50.8M).
Long Term Liabilities: PMNT's short term assets (₪106.7M) exceed its long term liabilities (₪1.1M).
Debt to Equity History and Analysis
Debt Level: PMNT's net debt to equity ratio (41.5%) is considered high.
Reducing Debt: Insufficient data to determine if PMNT's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: PMNT's debt is well covered by operating cash flow (21.8%).
Interest Coverage: PMNT's interest payments on its debt are well covered by EBIT (3.4x coverage).