C. Mer Industries Balance Sheet Health
Financial Health criteria checks 2/6
C. Mer Industries has a total shareholder equity of ₪94.4M and total debt of ₪177.2M, which brings its debt-to-equity ratio to 187.7%. Its total assets and total liabilities are ₪473.9M and ₪379.5M respectively. C. Mer Industries's EBIT is ₪40.0M making its interest coverage ratio 2.5. It has cash and short-term investments of ₪43.3M.
Key information
187.7%
Debt to equity ratio
₪177.19m
Debt
| Interest coverage ratio | 2.5x |
| Cash | ₪43.28m |
| Equity | ₪94.40m |
| Total liabilities | ₪379.49m |
| Total assets | ₪473.89m |
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
Is 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 (₪374.1M) exceed its short term liabilities (₪305.7M).
Long Term Liabilities: CMER's short term assets (₪374.1M) exceed its long term liabilities (₪73.8M).
Debt to Equity History and Analysis
Debt Level: CMER's net debt to equity ratio (141.9%) is considered high.
Reducing Debt: CMER's debt to equity ratio has increased from 178.8% to 187.7% over the past 5 years.
Debt Coverage: CMER's debt is not well covered by operating cash flow (17.8%).
Interest Coverage: CMER's interest payments on its debt are not well covered by EBIT (2.5x coverage).