Neto M.E Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Neto M.E Holdings has a total shareholder equity of ₪1.0B and total debt of ₪463.2M, which brings its debt-to-equity ratio to 44.9%. Its total assets and total liabilities are ₪2.0B and ₪927.2M respectively. Neto M.E Holdings's EBIT is ₪198.8M making its interest coverage ratio 6.2. It has cash and short-term investments of ₪3.8M.
Key information
44.9%
Debt to equity ratio
₪463.22m
Debt
| Interest coverage ratio | 6.2x |
| Cash | ₪3.76m |
| Equity | ₪1.03b |
| Total liabilities | ₪927.23m |
| Total assets | ₪1.96b |
Recent financial health updates
Here's Why Neto M.E Holdings (TLV:NTO) Has A Meaningful Debt Burden
May 31
Is Neto M.E Holdings (TLV:NTO) A Risky Investment?
Oct 09Does Neto M.E Holdings (TLV:NTO) Have A Healthy Balance Sheet?
Mar 28Neto M.E Holdings (TLV:NTO) Has A Pretty Healthy Balance Sheet
May 31Neto M.E Holdings (TLV:NTO) Could Easily Take On More Debt
Sep 14Neto M.E Holdings (TLV:NTO) Could Easily Take On More Debt
Apr 14Recent updates
We Discuss Why Neto M.E Holdings Ltd's (TLV:NTO) CEO Compensation May Be Closely Reviewed
Aug 29Here's Why Neto M.E Holdings (TLV:NTO) Has A Meaningful Debt Burden
May 31Is Neto M.E Holdings (TLV:NTO) A Risky Investment?
Oct 09Does Neto M.E Holdings (TLV:NTO) Have A Healthy Balance Sheet?
Mar 28Neto M.E Holdings (TLV:NTO) Has A Pretty Healthy Balance Sheet
May 31Neto M.E Holdings' (TLV:NTO) Conservative Accounting Might Explain Soft Earnings
Dec 01Neto M.E Holdings (TLV:NTO) Could Easily Take On More Debt
Sep 14Neto M.E Holdings (TLV:NTO) Could Easily Take On More Debt
Apr 14How Much Have Neto M.E Holdings (TLV:NTO) Shareholders Earned On Their Investment Over The Last Three Years?
Mar 03What Type Of Shareholders Make Up Neto M.E Holdings Ltd's (TLV:NTO) Share Registry?
Feb 04Neto M.E Holdings (TLV:NTO) Seems To Use Debt Rather Sparingly
Jan 13Neto M.E Holdings Ltd's (TLV:NTO) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
Dec 24Share Price Aside, Neto M.E Holdings (TLV:NTO) Has Delivered Shareholders A 15% Return.
Dec 03Financial Position Analysis
Short Term Liabilities: NTO's short term assets (₪1.6B) exceed its short term liabilities (₪726.5M).
Long Term Liabilities: NTO's short term assets (₪1.6B) exceed its long term liabilities (₪200.8M).
Debt to Equity History and Analysis
Debt Level: NTO's net debt to equity ratio (44.5%) is considered high.
Reducing Debt: NTO's debt to equity ratio has increased from 33.2% to 44.9% over the past 5 years.
Debt Coverage: NTO's debt is well covered by operating cash flow (56.4%).
Interest Coverage: NTO's interest payments on its debt are well covered by EBIT (6.2x coverage).