Mydas Real Estate Investments Balance Sheet Health
Financial Health criteria checks 1/6
Mydas Real Estate Investments has a total shareholder equity of ₪60.6M and total debt of ₪137.5M, which brings its debt-to-equity ratio to 226.8%. Its total assets and total liabilities are ₪206.1M and ₪145.5M respectively.
Key information
226.8%
Debt to equity ratio
₪137.46m
Debt
| Interest coverage ratio | n/a |
| Cash | ₪3.10m |
| Equity | ₪60.61m |
| Total liabilities | ₪145.47m |
| Total assets | ₪206.08m |
Financial Position Analysis
Short Term Liabilities: MYDS's short term assets (₪4.9M) do not cover its short term liabilities (₪95.4M).
Long Term Liabilities: MYDS's short term assets (₪4.9M) do not cover its long term liabilities (₪50.0M).
Debt to Equity History and Analysis
Debt Level: MYDS's net debt to equity ratio (221.7%) is considered high.
Reducing Debt: MYDS's debt to equity ratio has reduced from 281.5% to 226.8% over the past 5 years.
Debt Coverage: MYDS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if MYDS's interest payments on its debt are well covered by EBIT.