Meshek Energy - Renewable Energies Balance Sheet Health
Financial Health criteria checks 3/6
Meshek Energy - Renewable Energies has a total shareholder equity of ₪2.7B and total debt of ₪952.3M, which brings its debt-to-equity ratio to 35.1%. Its total assets and total liabilities are ₪3.9B and ₪1.2B respectively.
Key information
35.1%
Debt to equity ratio
₪952.31m
Debt
| Interest coverage ratio | n/a |
| Cash | ₪102.91m |
| Equity | ₪2.71b |
| Total liabilities | ₪1.20b |
| Total assets | ₪3.91b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: MSKE's short term assets (₪165.3M) exceed its short term liabilities (₪112.2M).
Long Term Liabilities: MSKE's short term assets (₪165.3M) do not cover its long term liabilities (₪1.1B).
Debt to Equity History and Analysis
Debt Level: MSKE's net debt to equity ratio (31.3%) is considered satisfactory.
Reducing Debt: MSKE's debt to equity ratio has reduced from 654.6% to 35.1% over the past 5 years.
Debt Coverage: MSKE's debt is not well covered by operating cash flow (2.9%).
Interest Coverage: Insufficient data to determine if MSKE's interest payments on its debt are well covered by EBIT.