Menivim - The New Reit Balance Sheet Health
Financial Health criteria checks 2/6
Menivim - The New Reit has a total shareholder equity of ₪1.7B and total debt of ₪1.8B, which brings its debt-to-equity ratio to 105.6%. Its total assets and total liabilities are ₪3.5B and ₪1.8B respectively. Menivim - The New Reit's EBIT is ₪160.5M making its interest coverage ratio 7. It has cash and short-term investments of ₪302.7M.
Key information
105.6%
Debt to equity ratio
₪1.78b
Debt
| Interest coverage ratio | 7x |
| Cash | ₪302.70m |
| Equity | ₪1.68b |
| Total liabilities | ₪1.81b |
| Total assets | ₪3.49b |
Recent financial health updates
No updates
Recent updates
What Type Of Shareholders Make Up Menivim - The New Reit Ltd's (TLV:MNRT) Share Registry?
Mar 16
If You Had Bought Menivim - The New Reit's (TLV:MNRT) Shares A Year Ago You Would Be Down 21%
Feb 02Do Its Financials Have Any Role To Play In Driving Menivim - The New Reit Ltd's (TLV:MNRT) Stock Up Recently?
Dec 30Is Menivim - The New Reit Ltd (TLV:MNRT) Popular Amongst Institutions?
Nov 25
Financial Position Analysis
Short Term Liabilities: MNRT's short term assets (₪310.7M) exceed its short term liabilities (₪122.7M).
Long Term Liabilities: MNRT's short term assets (₪310.7M) do not cover its long term liabilities (₪1.7B).
Debt to Equity History and Analysis
Debt Level: MNRT's net debt to equity ratio (87.6%) is considered high.
Reducing Debt: MNRT's debt to equity ratio has increased from 83.3% to 105.6% over the past 5 years.
Debt Coverage: MNRT's debt is not well covered by operating cash flow (9.8%).
Interest Coverage: MNRT's interest payments on its debt are well covered by EBIT (7x coverage).