Rimon Consulting & Management Services Ltd.

TASE:RMON Stock Report

Market Cap: ₪970.8m

Rimon Consulting & Management Services Balance Sheet Health

Financial Health criteria checks 5/6

Rimon Consulting & Management Services has a total shareholder equity of ₪520.1M and total debt of ₪271.1M, which brings its debt-to-equity ratio to 52.1%. Its total assets and total liabilities are ₪1.2B and ₪641.4M respectively. Rimon Consulting & Management Services's EBIT is ₪78.2M making its interest coverage ratio 14.1. It has cash and short-term investments of ₪209.0M.

Key information

52.1%

Debt to equity ratio

₪271.09m

Debt

Interest coverage ratio14.1x
Cash₪209.03m
Equity₪520.13m
Total liabilities₪641.35m
Total assets₪1.16b

Recent financial health updates

No updates

Recent updates

We Think You Should Be Aware Of Some Concerning Factors In Rimon Consulting & Management Services' (TLV:RMON) Earnings

Jun 04
We Think You Should Be Aware Of Some Concerning Factors In Rimon Consulting & Management Services' (TLV:RMON) Earnings

Does Rimon Consulting & Management Services (TLV:RMON) Deserve A Spot On Your Watchlist?

Feb 23
Does Rimon Consulting & Management Services (TLV:RMON) Deserve A Spot On Your Watchlist?

Should You Be Adding Rimon Consulting & Management Services (TLV:RMON) To Your Watchlist Today?

Nov 05
Should You Be Adding Rimon Consulting & Management Services (TLV:RMON) To Your Watchlist Today?

Return Trends At Rimon Consulting & Management Services (TLV:RMON) Aren't Appealing

Aug 29
Return Trends At Rimon Consulting & Management Services (TLV:RMON) Aren't Appealing

Rimon Consulting & Management Services' (TLV:RMON) Earnings Are Weaker Than They Seem

Apr 04
Rimon Consulting & Management Services' (TLV:RMON) Earnings Are Weaker Than They Seem

Financial Position Analysis

Short Term Liabilities: RMON's short term assets (₪568.8M) exceed its short term liabilities (₪471.8M).

Long Term Liabilities: RMON's short term assets (₪568.8M) exceed its long term liabilities (₪169.6M).


Debt to Equity History and Analysis

Debt Level: RMON's net debt to equity ratio (11.9%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if RMON's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: RMON's debt is well covered by operating cash flow (46.9%).

Interest Coverage: RMON's interest payments on its debt are well covered by EBIT (14.1x coverage).


Balance Sheet


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