Synel M.L.L Payway Balance Sheet Health
Financial Health criteria checks 6/6
Synel M.L.L Payway has a total shareholder equity of ₪67.3M and total debt of ₪859.0K, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are ₪125.2M and ₪57.9M respectively. Synel M.L.L Payway's EBIT is ₪17.5M making its interest coverage ratio 40.1. It has cash and short-term investments of ₪10.3M.
Key information
1.3%
Debt to equity ratio
₪859.00k
Debt
| Interest coverage ratio | 40.1x |
| Cash | ₪10.30m |
| Equity | ₪67.31m |
| Total liabilities | ₪57.90m |
| Total assets | ₪125.21m |
Recent financial health updates
Does Synel M.L.L Payway (TLV:SNEL) Have A Healthy Balance Sheet?
Jun 01
Is Synel M.L.L Payway (TLV:SNEL) Using Too Much Debt?
Jul 05Is Synel M.L.L Payway (TLV:SNEL) A Risky Investment?
May 17Synel M.L.L Payway (TLV:SNEL) Takes On Some Risk With Its Use Of Debt
Jan 11
Recent updates
Under The Bonnet, Synel M.L.L Payway's (TLV:SNEL) Returns Look Impressive
Aug 13Synel M.L.L Payway Ltd's (TLV:SNEL) Shares May Have Run Too Fast Too Soon
May 29Synel M.L.L Payway (TLV:SNEL) Is Achieving High Returns On Its Capital
Mar 21Does Synel M.L.L Payway (TLV:SNEL) Have A Healthy Balance Sheet?
Jun 01Returns At Synel M.L.L Payway (TLV:SNEL) Appear To Be Weighed Down
Nov 07Is Synel M.L.L Payway (TLV:SNEL) Using Too Much Debt?
Jul 05Is Synel M.L.L Payway (TLV:SNEL) A Risky Investment?
May 17The Returns At Synel M.L.L Payway (TLV:SNEL) Provide Us With Signs Of What's To Come
Mar 18Here's Why We Don't Think Synel M.L.L Payway's (TLV:SNEL) Statutory Earnings Reflect Its Underlying Earnings Potential
Feb 17Should Synel M.L.L Payway Ltd (TLV:SNEL) Be Part Of Your Dividend Portfolio?
Jan 28Synel M.L.L Payway (TLV:SNEL) Takes On Some Risk With Its Use Of Debt
Jan 11Shareholders Of Synel M.L.L Payway (TLV:SNEL) Must Be Happy With Their 143% Total Return
Dec 23What Do The Returns On Capital At Synel M.L.L Payway (TLV:SNEL) Tell Us?
Nov 27Financial Position Analysis
Short Term Liabilities: SNEL's short term assets (₪73.1M) exceed its short term liabilities (₪38.9M).
Long Term Liabilities: SNEL's short term assets (₪73.1M) exceed its long term liabilities (₪19.0M).
Debt to Equity History and Analysis
Debt Level: SNEL has more cash than its total debt.
Reducing Debt: SNEL's debt to equity ratio has reduced from 101.9% to 1.3% over the past 5 years.
Debt Coverage: SNEL's debt is well covered by operating cash flow (1605.7%).
Interest Coverage: SNEL's interest payments on its debt are well covered by EBIT (40.1x coverage).