Matrix IT Balance Sheet Health
Financial Health criteria checks 5/6
Matrix IT has a total shareholder equity of ₪1.1B and total debt of ₪956.2M, which brings its debt-to-equity ratio to 86.3%. Its total assets and total liabilities are ₪4.1B and ₪3.0B respectively. Matrix IT's EBIT is ₪393.4M making its interest coverage ratio 7.2. It has cash and short-term investments of ₪640.2M.
Key information
86.3%
Debt to equity ratio
₪956.23m
Debt
| Interest coverage ratio | 7.2x |
| Cash | ₪640.21m |
| Equity | ₪1.11b |
| Total liabilities | ₪2.98b |
| Total assets | ₪4.08b |
Recent financial health updates
Is Matrix IT (TLV:MTRX) Using Too Much Debt?
Feb 01
We 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 03These 4 Measures Indicate That Matrix IT (TLV:MTRX) Is Using Debt Safely
Jan 20Recent updates
Some 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 (₪2.6B) exceed its short term liabilities (₪2.2B).
Long Term Liabilities: MTRX's short term assets (₪2.6B) exceed its long term liabilities (₪736.3M).
Debt to Equity History and Analysis
Debt Level: MTRX's net debt to equity ratio (28.5%) is considered satisfactory.
Reducing Debt: MTRX's debt to equity ratio has increased from 83.1% to 86.3% over the past 5 years.
Debt Coverage: MTRX's debt is well covered by operating cash flow (51.9%).
Interest Coverage: MTRX's interest payments on its debt are well covered by EBIT (7.2x coverage).