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 108.1%. Its total assets and total liabilities are ₪3.5B and ₪1.9B respectively. Menivim - The New Reit's EBIT is ₪169.4M making its interest coverage ratio 4. It has cash and short-term investments of ₪279.3M.
Key information
108.1%
Debt to equity ratio
₪1.81b
Debt
| Interest coverage ratio | 4x |
| Cash | ₪279.25m |
| Equity | ₪1.67b |
| Total liabilities | ₪1.87b |
| Total assets | ₪3.54b |
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 (₪287.5M) exceed its short term liabilities (₪140.3M).
Long Term Liabilities: MNRT's short term assets (₪287.5M) do not cover its long term liabilities (₪1.7B).
Debt to Equity History and Analysis
Debt Level: MNRT's net debt to equity ratio (91.4%) is considered high.
Reducing Debt: MNRT's debt to equity ratio has increased from 67% to 108.1% over the past 5 years.
Debt Coverage: MNRT's debt is not well covered by operating cash flow (10.4%).
Interest Coverage: MNRT's interest payments on its debt are well covered by EBIT (4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 05:18 |
| End of Day Share Price | 2024/12/22 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Menivim - The New Reit Ltd is covered by 0 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 |
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