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 ratio | 14.1x |
| Cash | ₪209.03m |
| Equity | ₪520.13m |
| Total liabilities | ₪641.35m |
| Total assets | ₪1.16b |
Recent financial health updates
Recent updates
Rimon Consulting & Management Services (TLV:RMON) Seems To Use Debt Quite Sensibly
Aug 02
We Think You Should Be Aware Of Some Concerning Factors In Rimon Consulting & Management Services' (TLV:RMON) Earnings
Jun 04Does Rimon Consulting & Management Services (TLV:RMON) Deserve A Spot On Your Watchlist?
Feb 23Should You Be Adding Rimon Consulting & Management Services (TLV:RMON) To Your Watchlist Today?
Nov 05Return Trends At Rimon Consulting & Management Services (TLV:RMON) Aren't Appealing
Aug 29Rimon Consulting & Management Services' (TLV:RMON) Earnings Are Weaker Than They Seem
Apr 04Financial 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).