Neto M.E Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Neto M.E Holdings has a total shareholder equity of ₪976.9M and total debt of ₪607.6M, which brings its debt-to-equity ratio to 62.2%. Its total assets and total liabilities are ₪2.0B and ₪1.1B respectively. Neto M.E Holdings's EBIT is ₪153.8M making its interest coverage ratio 4.4. It has cash and short-term investments of ₪11.4M.
Key information
62.2%
Debt to equity ratio
₪607.62m
Debt
Interest coverage ratio | 4.4x |
Cash | ₪11.45m |
Equity | ₪976.90m |
Total liabilities | ₪1.07b |
Total assets | ₪2.05b |
Recent financial health updates
Here'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) Could Easily Take On More Debt
Sep 14Neto M.E Holdings (TLV:NTO) Could Easily Take On More Debt
Apr 14Recent updates
Here'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 (₪1.7B) exceed its short term liabilities (₪901.9M).
Long Term Liabilities: NTO's short term assets (₪1.7B) exceed its long term liabilities (₪168.9M).
Debt to Equity History and Analysis
Debt Level: NTO's net debt to equity ratio (61%) is considered high.
Reducing Debt: NTO's debt to equity ratio has increased from 26.9% to 62.2% over the past 5 years.
Debt Coverage: NTO's debt is well covered by operating cash flow (34%).
Interest Coverage: NTO's interest payments on its debt are well covered by EBIT (4.4x coverage).