Migdal Insurance and Financial Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Migdal Insurance and Financial Holdings has a total shareholder equity of ₪9.1B and total debt of ₪7.5B, which brings its debt-to-equity ratio to 82.4%. Its total assets and total liabilities are ₪215.2B and ₪206.1B respectively. Migdal Insurance and Financial Holdings's EBIT is ₪1.7B making its interest coverage ratio 7.4. It has cash and short-term investments of ₪158.3B.
Key information
82.4%
Debt to equity ratio
₪7.48b
Debt
| Interest coverage ratio | 7.4x |
| Cash | ₪158.33b |
| Equity | ₪9.07b |
| Total liabilities | ₪206.14b |
| Total assets | ₪215.21b |
Recent financial health updates
No updates
Recent updates
Migdal Insurance and Financial Holdings Ltd. (TLV:MGDL) Surges 26% Yet Its Low P/E Is No Reason For Excitement
Oct 21
Migdal Insurance and Financial Holdings Ltd. (TLV:MGDL) Might Not Be As Mispriced As It Looks
May 14Market Cool On Migdal Insurance and Financial Holdings Ltd.'s (TLV:MGDL) Earnings
Jan 17Market Cool On Migdal Insurance and Financial Holdings Ltd.'s (TLV:MGDL) Earnings
Apr 15Should You Buy Migdal Insurance and Financial Holdings Ltd. (TLV:MGDL) For Its Dividend?
Jan 05Financial Position Analysis
Short Term Liabilities: MGDL's short term assets (₪163.8B) exceed its short term liabilities (₪2.8B).
Long Term Liabilities: MGDL's short term assets (₪163.8B) do not cover its long term liabilities (₪203.3B).
Debt to Equity History and Analysis
Debt Level: MGDL has more cash than its total debt.
Reducing Debt: MGDL's debt to equity ratio has reduced from 84.8% to 82.4% over the past 5 years.
Debt Coverage: MGDL's debt is well covered by operating cash flow (50.1%).
Interest Coverage: MGDL's interest payments on its debt are well covered by EBIT (7.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/08 09:31 |
| End of Day Share Price | 2025/01/08 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Migdal Insurance and Financial Holdings Ltd. is covered by 6 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Terence Klingman | Excellence Nessuah Brokerage Services Ltd. |
| Lior Rabinovitz | Israel Brokerage & Investments I.B.I. Ltd. |
| Alon Glazer | Leader Capital Markets Ltd |