Multi Retail Group Balance Sheet Health
Financial Health criteria checks 2/6
Multi Retail Group has a total shareholder equity of ₪103.0M and total debt of ₪48.6M, which brings its debt-to-equity ratio to 47.2%. Its total assets and total liabilities are ₪864.1M and ₪761.1M respectively. Multi Retail Group's EBIT is ₪8.2M making its interest coverage ratio 0.4. It has cash and short-term investments of ₪7.3M.
Key information
47.2%
Debt to equity ratio
₪48.61m
Debt
Interest coverage ratio | 0.4x |
Cash | ₪7.32m |
Equity | ₪103.02m |
Total liabilities | ₪761.08m |
Total assets | ₪864.10m |
Recent financial health updates
No updates
Recent updates
There Are Reasons To Feel Uneasy About Multi Retail Group's (TLV:MRG) Returns On Capital
May 24What Multi Retail Group Ltd's (TLV:MRG) 31% Share Price Gain Is Not Telling You
Apr 19Multi Retail Group Ltd's (TLV:MRG) 41% Price Boost Is Out Of Tune With Revenues
Jan 08Estimating The Fair Value Of Multi Retail Group Ltd (TLV:MRG)
Aug 14Multi Retail Group (TLV:MRG) Will Be Hoping To Turn Its Returns On Capital Around
Jun 02Ace Capital Retail (2016) Ltd's (TLV:ACE) Low P/E No Reason For Excitement
Apr 13Financial Position Analysis
Short Term Liabilities: MRG's short term assets (₪193.9M) do not cover its short term liabilities (₪364.9M).
Long Term Liabilities: MRG's short term assets (₪193.9M) do not cover its long term liabilities (₪396.2M).
Debt to Equity History and Analysis
Debt Level: MRG's net debt to equity ratio (40.1%) is considered high.
Reducing Debt: MRG's debt to equity ratio has reduced from 211.8% to 47.2% over the past 5 years.
Debt Coverage: MRG's debt is well covered by operating cash flow (198.5%).
Interest Coverage: MRG's interest payments on its debt are not well covered by EBIT (0.4x coverage).