Ceragon Networks Balance Sheet Health
Financial Health criteria checks 5/6
Ceragon Networks has a total shareholder equity of $134.0M and total debt of $32.6M, which brings its debt-to-equity ratio to 24.3%. Its total assets and total liabilities are $298.5M and $164.5M respectively. Ceragon Networks's EBIT is $23.1M making its interest coverage ratio -247.9. It has cash and short-term investments of $28.2M.
Key information
24.3%
Debt to equity ratio
US$32.60m
Debt
Interest coverage ratio | -247.9x |
Cash | US$28.24m |
Equity | US$134.02m |
Total liabilities | US$164.51m |
Total assets | US$298.53m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GGN's short term assets ($217.9M) exceed its short term liabilities ($133.0M).
Long Term Liabilities: GGN's short term assets ($217.9M) exceed its long term liabilities ($31.6M).
Debt to Equity History and Analysis
Debt Level: GGN's net debt to equity ratio (3.3%) is considered satisfactory.
Reducing Debt: GGN's debt to equity ratio has increased from 0% to 24.3% over the past 5 years.
Debt Coverage: GGN's debt is well covered by operating cash flow (94.7%).
Interest Coverage: GGN earns more interest than it pays, so coverage of interest payments is not a concern.