Matrix IT Balance Sheet Health
Financial Health criteria checks 6/6
Matrix IT has a total shareholder equity of ₪1.1B and total debt of ₪830.5M, which brings its debt-to-equity ratio to 73.8%. Its total assets and total liabilities are ₪4.1B and ₪3.0B respectively. Matrix IT's EBIT is ₪431.1M making its interest coverage ratio 11.1. It has cash and short-term investments of ₪519.8M.
Key information
73.8%
Debt to equity ratio
₪830.47m
Debt
| Interest coverage ratio | 11.1x |
| Cash | ₪519.85m |
| Equity | ₪1.13b |
| Total liabilities | ₪2.97b |
| Total assets | ₪4.09b |
Recent financial health updates
We Think Matrix IT (TLV:MTRX) Can Stay On Top Of Its Debt
Aug 06
Is Matrix IT (TLV:MTRX) Using Too Much Debt?
Feb 01We Think Matrix IT (TLV:MTRX) Can Stay On Top Of Its Debt
Oct 21Does Matrix IT (TLV:MTRX) Have A Healthy Balance Sheet?
Feb 03Is Matrix IT (TLV:MTRX) Using Too Much Debt?
Aug 11These 4 Measures Indicate That Matrix IT (TLV:MTRX) Is Using Debt Safely
May 03Recent updates
We Think Some Shareholders May Hesitate To Increase Matrix IT Ltd.'s (TLV:MTRX) CEO Compensation
Dec 17Matrix IT's (TLV:MTRX) Performance Is Even Better Than Its Earnings Suggest
Nov 22Matrix IT Ltd.'s (TLV:MTRX) Share Price Could Signal Some Risk
Oct 31We Think Matrix IT (TLV:MTRX) Can Stay On Top Of Its Debt
Aug 06Returns On Capital Are A Standout For Matrix IT (TLV:MTRX)
Jul 19Matrix IT Ltd.'s (TLV:MTRX) Price Is Out Of Tune With Earnings
Jun 06Some Investors May Be Willing To Look Past Matrix IT's (TLV:MTRX) Soft Earnings
Mar 19Some Confidence Is Lacking In Matrix IT Ltd.'s (TLV:MTRX) P/E
Feb 22Is Matrix IT (TLV:MTRX) Using Too Much Debt?
Feb 01Why You Should Care About Matrix IT's (TLV:MTRX) Strong Returns On Capital
Nov 08We Think Matrix IT (TLV:MTRX) Can Stay On Top Of Its Debt
Oct 21Matrix IT (TLV:MTRX) Knows How To Allocate Capital
Mar 11Does Matrix IT (TLV:MTRX) Have A Healthy Balance Sheet?
Feb 03A Look At The Intrinsic Value Of Matrix IT Ltd. (TLV:MTRX)
Dec 03Matrix IT (TLV:MTRX) Has Announced That It Will Be Increasing Its Dividend To ₪0.55
Nov 14Matrix IT (TLV:MTRX) Is Reinvesting To Multiply In Value
Sep 29Is Matrix IT (TLV:MTRX) Using Too Much Debt?
Aug 11A Look Into Matrix IT's (TLV:MTRX) Impressive Returns On Capital
Jun 28These 4 Measures Indicate That Matrix IT (TLV:MTRX) Is Using Debt Safely
May 03Why You Should Care About Matrix IT's (TLV:MTRX) Strong Returns On Capital
Mar 17These 4 Measures Indicate That Matrix IT (TLV:MTRX) Is Using Debt Safely
Jan 20A Look Into Matrix IT's (TLV:MTRX) Impressive Returns On Capital
Dec 12Matrix IT (TLV:MTRX) Seems To Use Debt Rather Sparingly
Oct 05A Look At The Fair Value Of Matrix IT Ltd. (TLV:MTRX)
Jul 12Matrix IT (TLV:MTRX) Seems To Use Debt Rather Sparingly
Jun 09Investors Met With Slowing Returns on Capital At Matrix IT (TLV:MTRX)
May 07Is Matrix IT Ltd. (TLV:MTRX) A Smart Choice For Dividend Investors?
Mar 30Matrix IT Ltd. (TLV:MTRX) Passed Our Checks, And It's About To Pay A ₪0.64 Dividend
Mar 14Does Matrix IT (TLV:MTRX) Have A Healthy Balance Sheet?
Mar 09Shareholders of Matrix IT (TLV:MTRX) Must Be Delighted With Their 316% Total Return
Feb 22Boasting A 23% Return On Equity, Is Matrix IT Ltd. (TLV:MTRX) A Top Quality Stock?
Feb 08Is Matrix IT (TLV:MTRX) Likely To Turn Things Around?
Jan 25
What Type Of Shareholders Own The Most Number of Matrix IT Ltd. (TLV:MTRX) Shares?
Jan 12Does Matrix IT Ltd. (TLV:MTRX) Have A Place In Your Dividend Portfolio?
Dec 29Are Matrix IT's (TLV:MTRX) Statutory Earnings A Good Guide To Its Underlying Profitability?
Dec 16Matrix IT (TLV:MTRX) Has A Pretty Healthy Balance Sheet
Dec 01Financial Position Analysis
Short Term Liabilities: MTRX's short term assets (₪2.5B) exceed its short term liabilities (₪2.3B).
Long Term Liabilities: MTRX's short term assets (₪2.5B) exceed its long term liabilities (₪687.2M).
Debt to Equity History and Analysis
Debt Level: MTRX's net debt to equity ratio (27.6%) is considered satisfactory.
Reducing Debt: MTRX's debt to equity ratio has reduced from 116.2% to 73.8% over the past 5 years.
Debt Coverage: MTRX's debt is well covered by operating cash flow (74.3%).
Interest Coverage: MTRX's interest payments on its debt are well covered by EBIT (11.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/30 20:39 |
| End of Day Share Price | 2025/01/30 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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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
Matrix IT 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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