Carmel Balance Sheet Health
Financial Health criteria checks 2/6
Carmel has a total shareholder equity of ₪535.0M and total debt of ₪316.7M, which brings its debt-to-equity ratio to 59.2%. Its total assets and total liabilities are ₪981.0M and ₪446.0M respectively. Carmel's EBIT is ₪14.7M making its interest coverage ratio 0.9. It has cash and short-term investments of ₪71.1M.
Key information
59.2%
Debt to equity ratio
₪316.72m
Debt
| Interest coverage ratio | 0.9x |
| Cash | ₪71.06m |
| Equity | ₪535.01m |
| Total liabilities | ₪446.04m |
| Total assets | ₪981.05m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: CRML's short term assets (₪452.0M) exceed its short term liabilities (₪405.6M).
Long Term Liabilities: CRML's short term assets (₪452.0M) exceed its long term liabilities (₪40.5M).
Debt to Equity History and Analysis
Debt Level: CRML's net debt to equity ratio (45.9%) 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 (0.9x coverage).