Payment Financial Technologies Balance Sheet Health
Financial Health criteria checks 2/6
Payment Financial Technologies has a total shareholder equity of ₪61.6M and total debt of ₪118.5M, which brings its debt-to-equity ratio to 192.5%. Its total assets and total liabilities are ₪186.3M and ₪124.8M respectively. Payment Financial Technologies's EBIT is ₪21.3M making its interest coverage ratio 3. It has cash and short-term investments of ₪16.9M.
Key information
192.5%
Debt to equity ratio
₪118.54m
Debt
| Interest coverage ratio | 3x |
| Cash | ₪16.92m |
| Equity | ₪61.57m |
| Total liabilities | ₪124.77m |
| Total assets | ₪186.34m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: PMNT's short term assets (₪175.9M) exceed its short term liabilities (₪122.9M).
Long Term Liabilities: PMNT's short term assets (₪175.9M) exceed its long term liabilities (₪1.9M).
Debt to Equity History and Analysis
Debt Level: PMNT's net debt to equity ratio (165.1%) 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 operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PMNT's interest payments on its debt are not well covered by EBIT (3x coverage).