Primotec Group Balance Sheet Health
Financial Health criteria checks 5/6
Primotec Group has a total shareholder equity of ₪195.8M and total debt of ₪29.5M, which brings its debt-to-equity ratio to 15%. Its total assets and total liabilities are ₪279.9M and ₪84.1M respectively. Primotec Group's EBIT is ₪60.3M making its interest coverage ratio 23.1. It has cash and short-term investments of ₪21.6M.
Key information
15.0%
Debt to equity ratio
₪29.45m
Debt
| Interest coverage ratio | 23.1x |
| Cash | ₪21.56m |
| Equity | ₪195.81m |
| Total liabilities | ₪84.07m |
| Total assets | ₪279.88m |
Recent financial health updates
Recent updates
Is Primotec Group (TLV:PRMG) Using Too Much Debt?
Oct 29
Primotec Group Ltd (TLV:PRMG) Stock Catapults 28% Though Its Price And Business Still Lag The Market
Oct 29Primotec Group (TLV:PRMG) May Have Issues Allocating Its Capital
Apr 01Investors 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 (₪147.5M) exceed its short term liabilities (₪73.1M).
Long Term Liabilities: PRMG's short term assets (₪147.5M) exceed its long term liabilities (₪11.0M).
Debt to Equity History and Analysis
Debt Level: PRMG's net debt to equity ratio (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 (239.8%).
Interest Coverage: PRMG's interest payments on its debt are well covered by EBIT (23.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/09 17:13 |
| End of Day Share Price | 2025/01/09 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Primotec Group Ltd is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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