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
Investors Could Be Concerned With Primotec Group's (TLV:PRMG) Returns On Capital
Nov 07Primotec Group's (TLV:PRMG) Shareholders Have More To Worry About Than Only Soft Earnings
Apr 06Primotec Group Ltd (TLV:PRMG) Could Be Riskier Than It Looks
Feb 27Primotec Group (TLV:PRMG) Could Be Struggling To Allocate Capital
Dec 05Financial 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.