Rimoni Industries Balance Sheet Health
Financial Health criteria checks 6/6
Rimoni Industries has a total shareholder equity of ₪182.9M and total debt of ₪0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₪232.0M and ₪49.1M respectively. Rimoni Industries's EBIT is ₪45.6M making its interest coverage ratio -88. It has cash and short-term investments of ₪19.0M.
Key information
0%
Debt to equity ratio
₪0
Debt
Interest coverage ratio | -88x |
Cash | ₪18.97m |
Equity | ₪182.89m |
Total liabilities | ₪49.11m |
Total assets | ₪231.99m |
Recent financial health updates
Rimoni Industries (TLV:RIMO) Could Easily Take On More Debt
May 12These 4 Measures Indicate That Rimoni Industries (TLV:RIMO) Is Using Debt Safely
Jan 19Recent 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 (₪98.1M) exceed its short term liabilities (₪42.9M).
Long Term Liabilities: RIMO's short term assets (₪98.1M) exceed its long term liabilities (₪6.2M).
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 8.3%.
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.