C. Mer Industries Balance Sheet Health
Financial Health criteria checks 5/6
C. Mer Industries has a total shareholder equity of ₪112.4M and total debt of ₪148.2M, which brings its debt-to-equity ratio to 131.8%. Its total assets and total liabilities are ₪517.9M and ₪405.5M respectively. C. Mer Industries's EBIT is ₪52.1M making its interest coverage ratio 4.4. It has cash and short-term investments of ₪37.8M.
Key information
131.8%
Debt to equity ratio
₪148.18m
Debt
| Interest coverage ratio | 4.4x |
| Cash | ₪37.83m |
| Equity | ₪112.41m |
| Total liabilities | ₪405.53m |
| Total assets | ₪517.94m |
Recent financial health updates
Is C. Mer Industries (TLV:CMER) A Risky Investment?
Apr 19
Here's Why C. Mer Industries (TLV:CMER) Has A Meaningful Debt Burden
Nov 24Is C. Mer Industries (TLV:CMER) Using Too Much Debt?
Jan 11These 4 Measures Indicate That C. Mer Industries (TLV:CMER) Is Using Debt Extensively
Dec 13Is C. Mer Industries (TLV:CMER) Weighed On By Its Debt Load?
Jun 17Is C. Mer Industries (TLV:CMER) Using Debt Sensibly?
Mar 05Recent updates
C. Mer Industries Ltd.'s (TLV:CMER) 26% Share Price Surge Not Quite Adding Up
Nov 19Here's Why C. Mer Industries (TLV:CMER) Has Caught The Eye Of Investors
Oct 22Pinning Down C. Mer Industries Ltd.'s (TLV:CMER) P/E Is Difficult Right Now
Sep 30Is C. Mer Industries (TLV:CMER) A Risky Investment?
Apr 19C. Mer Industries Ltd. (TLV:CMER) Stocks Shoot Up 27% But Its P/S Still Looks Reasonable
Feb 19C. Mer Industries Ltd.'s (TLV:CMER) P/S Is Still On The Mark Following 28% Share Price Bounce
Dec 21Here's Why C. Mer Industries (TLV:CMER) Has A Meaningful Debt Burden
Nov 24Getting In Cheap On C. Mer Industries Ltd. (TLV:CMER) Is Unlikely
Aug 22Is C. Mer Industries (TLV:CMER) Using Too Much Debt?
Jan 11C. Mer Industries' (TLV:CMER) Strong Earnings Are Of Good Quality
Mar 27These 4 Measures Indicate That C. Mer Industries (TLV:CMER) Is Using Debt Extensively
Dec 13Is C. Mer Industries (TLV:CMER) Weighed On By Its Debt Load?
Jun 17Is C. Mer Industries (TLV:CMER) Using Debt Sensibly?
Mar 05Financial Position Analysis
Short Term Liabilities: CMER's short term assets (₪419.7M) exceed its short term liabilities (₪340.5M).
Long Term Liabilities: CMER's short term assets (₪419.7M) exceed its long term liabilities (₪65.1M).
Debt to Equity History and Analysis
Debt Level: CMER's net debt to equity ratio (98.2%) is considered high.
Reducing Debt: CMER's debt to equity ratio has reduced from 268% to 131.8% over the past 5 years.
Debt Coverage: CMER's debt is well covered by operating cash flow (27.6%).
Interest Coverage: CMER's interest payments on its debt are well covered by EBIT (4.4x coverage).