Multi Retail Group Balance Sheet Health
Financial Health criteria checks 3/6
Multi Retail Group has a total shareholder equity of ₪109.1M and total debt of ₪38.8M, which brings its debt-to-equity ratio to 35.6%. Its total assets and total liabilities are ₪868.7M and ₪759.6M respectively. Multi Retail Group's EBIT is ₪27.9M making its interest coverage ratio 1.3. It has cash and short-term investments of ₪12.1M.
Key information
35.6%
Debt to equity ratio
₪38.79m
Debt
| Interest coverage ratio | 1.3x |
| Cash | ₪12.12m |
| Equity | ₪109.09m |
| Total liabilities | ₪759.63m |
| Total assets | ₪868.71m |
Recent financial health updates
Recent updates
Multi Retail Group (TLV:MRG) Takes On Some Risk With Its Use Of Debt
Oct 10
Multi Retail Group Ltd's (TLV:MRG) 27% Share Price Surge Not Quite Adding Up
Sep 05The Returns On Capital At Multi Retail Group (TLV:MRG) Don't Inspire Confidence
Aug 28There 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 (₪215.8M) do not cover its short term liabilities (₪376.5M).
Long Term Liabilities: MRG's short term assets (₪215.8M) do not cover its long term liabilities (₪383.1M).
Debt to Equity History and Analysis
Debt Level: MRG's net debt to equity ratio (24.4%) is considered satisfactory.
Reducing Debt: MRG's debt to equity ratio has reduced from 313.7% to 35.6% over the past 5 years.
Debt Coverage: MRG's debt is well covered by operating cash flow (295.4%).
Interest Coverage: MRG's interest payments on its debt are not well covered by EBIT (1.3x coverage).