C Mer Industries (XTAE:CMER) Debt-to-Equity : 2.02 (As of Dec. 2023)

View and export this data going back to 2000. Start your Free Trial

What is C Mer Industries Debt-to-Equity?

C Mer Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪124.4 Mil. C Mer Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪66.2 Mil. C Mer Industries's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₪94.4 Mil. C Mer Industries's debt to equity for the quarter that ended in Dec. 2023 was 2.02.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for C Mer Industries's Debt-to-Equity or its related term are showing as below:

XTAE:CMER' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.93 Med: 1.91 Max: 2.84
Current: 2.02

During the past 11 years, the highest Debt-to-Equity Ratio of C Mer Industries was 2.84. The lowest was 0.93. And the median was 1.91.

XTAE:CMER's Debt-to-Equity is ranked worse than
96.08% of 2193 companies
in the Hardware industry
Industry Median: 0.28 vs XTAE:CMER: 2.02

C Mer Industries Debt-to-Equity Historical Data

The historical data trend for C Mer Industries's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

C Mer Industries Debt-to-Equity Chart

C Mer Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

2.28

2.84

2.50

2.52

2.02

C Mer Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															2.52	2.62	2.37	2.23	2.02

Competitive Comparison of C Mer Industries's Debt-to-Equity

For the Communication Equipment subindustry, C Mer Industries's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

C Mer Industries's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, C Mer Industries's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where C Mer Industries's Debt-to-Equity falls into.

C Mer Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

C Mer Industries's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(124.433	+	66.172)	/	94.396
	=	2.02

C Mer Industries's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(124.433	+	66.172)	/	94.396
	=	2.02

C Mer Industries (XTAE:CMER) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

C Mer Industries Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of C Mer Industries's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

C Mer Industries (XTAE:CMER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » C Mer Industries Ltd (XTAE:CMER) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 Hatzoref Street, Holon, ISR, 5885633

Website

http://www.mer-group.com

C Mer Industries Ltd offers a diverse portfolio of technology-based solutions and end-to-end services that include consultancy, development, engineering, and manufacturing, as well as integration and implementation. Its solutions and products include Communications Infrastructure, Safe and Smart City, Homeland Security, Emergency Response Management and Mobile Platforms among others.

C Mer Industries (XTAE:CMER) Headlines

No Headlines