Meshek Energy - Renewable Energies Balance Sheet Health
Financial Health criteria checks 2/6
Meshek Energy - Renewable Energies has a total shareholder equity of ₪2.4B and total debt of ₪719.6M, which brings its debt-to-equity ratio to 30.1%. Its total assets and total liabilities are ₪3.3B and ₪957.6M respectively.
Key information
30.1%
Debt to equity ratio
₪719.59m
Debt
Interest coverage ratio | n/a |
Cash | ₪341.14m |
Equity | ₪2.39b |
Total liabilities | ₪957.55m |
Total assets | ₪3.34b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: MSKE's short term assets (₪408.5M) exceed its short term liabilities (₪127.1M).
Long Term Liabilities: MSKE's short term assets (₪408.5M) do not cover its long term liabilities (₪830.4M).
Debt to Equity History and Analysis
Debt Level: MSKE's net debt to equity ratio (15.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if MSKE's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MSKE's debt is not well covered by operating cash flow (5%).
Interest Coverage: Insufficient data to determine if MSKE's interest payments on its debt are well covered by EBIT.