Primotec Group Balance Sheet Health
Financial Health criteria checks 5/6
Primotec Group has a total shareholder equity of ₪169.9M and total debt of ₪67.3M, which brings its debt-to-equity ratio to 39.6%. Its total assets and total liabilities are ₪296.1M and ₪126.2M respectively. Primotec Group's EBIT is ₪35.5M making its interest coverage ratio 4.6. It has cash and short-term investments of ₪17.3M.
Key information
39.6%
Debt to equity ratio
₪67.30m
Debt
| Interest coverage ratio | 4.6x |
| Cash | ₪17.27m |
| Equity | ₪169.93m |
| Total liabilities | ₪126.21m |
| Total assets | ₪296.14m |
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 (₪159.2M) exceed its short term liabilities (₪108.4M).
Long Term Liabilities: PRMG's short term assets (₪159.2M) exceed its long term liabilities (₪17.8M).
Debt to Equity History and Analysis
Debt Level: PRMG's net debt to equity ratio (29.4%) is considered satisfactory.
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 (67.5%).
Interest Coverage: PRMG's interest payments on its debt are well covered by EBIT (4.6x coverage).