Primotec Group Balance Sheet Health

Financial Health criteria checks 5/6

Primotec Group has a total shareholder equity of ₪193.4M and total debt of ₪30.3M, which brings its debt-to-equity ratio to 15.7%. Its total assets and total liabilities are ₪277.5M and ₪84.1M respectively. Primotec Group's EBIT is ₪50.7M making its interest coverage ratio -7.1. It has cash and short-term investments of ₪30.7M.

Key information

15.7%

Debt to equity ratio

₪30.31m

Debt

Interest coverage ratio-7.1x
Cash₪30.73m
Equity₪193.39m
Total liabilities₪84.06m
Total assets₪277.46m

Recent financial health updates

No updates

Recent updates

Primotec Group (TLV:PRMG) May Have Issues Allocating Its Capital

Apr 01
Primotec Group (TLV:PRMG) May Have Issues Allocating Its Capital

Investors Could Be Concerned With Primotec Group's (TLV:PRMG) Returns On Capital

Nov 07
Investors Could Be Concerned With Primotec Group's (TLV:PRMG) Returns On Capital

Primotec Group's (TLV:PRMG) Shareholders Have More To Worry About Than Only Soft Earnings

Apr 06
Primotec Group's (TLV:PRMG) Shareholders Have More To Worry About Than Only Soft Earnings

Primotec Group Ltd (TLV:PRMG) Could Be Riskier Than It Looks

Feb 27
Primotec Group Ltd (TLV:PRMG) Could Be Riskier Than It Looks

Primotec Group (TLV:PRMG) Could Be Struggling To Allocate Capital

Dec 05
Primotec Group (TLV:PRMG) Could Be Struggling To Allocate Capital

Financial Position Analysis

Short Term Liabilities: PRMG's short term assets (₪143.2M) exceed its short term liabilities (₪69.4M).

Long Term Liabilities: PRMG's short term assets (₪143.2M) exceed its long term liabilities (₪14.6M).


Debt to Equity History and Analysis

Debt Level: PRMG has more cash than its total debt.

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

Debt Coverage: PRMG's debt is well covered by operating cash flow (259.9%).

Interest Coverage: PRMG earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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