Carmel Balance Sheet Health
Financial Health criteria checks 2/6
Carmel has a total shareholder equity of ₪478.1M and total debt of ₪287.0M, which brings its debt-to-equity ratio to 60%. Its total assets and total liabilities are ₪910.4M and ₪432.3M respectively. Carmel's EBIT is ₪8.4M making its interest coverage ratio 0.7. It has cash and short-term investments of ₪42.6M.
Key information
60.0%
Debt to equity ratio
₪286.98m
Debt
Interest coverage ratio | 0.7x |
Cash | ₪42.63m |
Equity | ₪478.13m |
Total liabilities | ₪432.26m |
Total assets | ₪910.39m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: CRML's short term assets (₪424.1M) exceed its short term liabilities (₪391.2M).
Long Term Liabilities: CRML's short term assets (₪424.1M) exceed its long term liabilities (₪41.0M).
Debt to Equity History and Analysis
Debt Level: CRML's net debt to equity ratio (51.1%) is considered high.
Reducing Debt: Insufficient data to determine if CRML's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: CRML's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CRML's interest payments on its debt are not well covered by EBIT (0.7x coverage).