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
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 06:15 |
| End of Day Share Price | 2024/12/30 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
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 |
|---|