Neto M.E Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Neto M.E Holdings has a total shareholder equity of ₪942.3M and total debt of ₪580.1M, which brings its debt-to-equity ratio to 61.6%. Its total assets and total liabilities are ₪1.9B and ₪983.3M respectively. Neto M.E Holdings's EBIT is ₪149.1M making its interest coverage ratio 3.8. It has cash and short-term investments of ₪6.3M.
Key information
61.6%
Debt to equity ratio
₪580.14m
Debt
| Interest coverage ratio | 3.8x |
| Cash | ₪6.28m |
| Equity | ₪942.29m |
| Total liabilities | ₪983.26m |
| Total assets | ₪1.93b |
Recent financial health updates
Is Neto M.E Holdings (TLV:NTO) A Risky Investment?
Oct 09
Does 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 14Neto M.E Holdings (TLV:NTO) Seems To Use Debt Rather Sparingly
Jan 13Recent updates
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) 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 (₪812.2M).
Long Term Liabilities: NTO's short term assets (₪1.6B) exceed its long term liabilities (₪171.0M).
Debt to Equity History and Analysis
Debt Level: NTO's net debt to equity ratio (60.9%) is considered high.
Reducing Debt: NTO's debt to equity ratio has increased from 24.6% to 61.6% over the past 5 years.
Debt Coverage: NTO's debt is well covered by operating cash flow (36%).
Interest Coverage: NTO's interest payments on its debt are well covered by EBIT (3.8x coverage).