Rimoni Industries Balance Sheet Health
Financial Health criteria checks 6/6
Rimoni Industries has a total shareholder equity of ₪180.7M and total debt of ₪0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₪222.2M and ₪41.5M respectively. Rimoni Industries's EBIT is ₪48.0M making its interest coverage ratio 41.8. It has cash and short-term investments of ₪13.3M.
Key information
0%
Debt to equity ratio
₪0
Debt
| Interest coverage ratio | 41.8x |
| Cash | ₪13.34m |
| Equity | ₪180.68m |
| Total liabilities | ₪41.53m |
| Total assets | ₪222.21m |
Recent financial health updates
Rimoni Industries (TLV:RIMO) Could Easily Take On More Debt
May 12
These 4 Measures Indicate That Rimoni Industries (TLV:RIMO) Is Using Debt Safely
Jan 19
Recent updates
Rimoni Industries (TLV:RIMO) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Dec 08Estimating The Intrinsic Value Of Rimoni Industries Ltd. (TLV:RIMO)
Aug 26Rimoni Industries (TLV:RIMO) Could Easily Take On More Debt
May 12Returns on Capital Paint A Bright Future For Rimoni Industries (TLV:RIMO)
Apr 20Rimoni Industries Ltd. (TLV:RIMO) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?
Mar 05Did You Participate In Any Of Rimoni Industries' (TLV:RIMO) Incredible 340% Return?
Feb 17Are Dividend Investors Getting More Than They Bargained For With Rimoni Industries Ltd.'s (TLV:RIMO) Dividend?
Feb 03These 4 Measures Indicate That Rimoni Industries (TLV:RIMO) Is Using Debt Safely
Jan 19Returns On Capital - An Important Metric For Rimoni Industries (TLV:RIMO)
Jan 06What Type Of Shareholders Own The Most Number of Rimoni Industries Ltd. (TLV:RIMO) Shares?
Dec 18Calculating The Intrinsic Value Of Rimoni Industries Ltd. (TLV:RIMO)
Nov 30Financial Position Analysis
Short Term Liabilities: RIMO's short term assets (₪87.2M) exceed its short term liabilities (₪35.4M).
Long Term Liabilities: RIMO's short term assets (₪87.2M) exceed its long term liabilities (₪6.1M).
Debt to Equity History and Analysis
Debt Level: RIMO is debt free.
Reducing Debt: RIMO has no debt compared to 5 years ago when its debt to equity ratio was 13.8%.
Debt Coverage: RIMO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: RIMO has no debt, therefore coverage of interest payments is not a concern.