Carmit Candy Industries Ltd.

Tel Aviv Stock Exchange CRMT.TA

Carmit Candy Industries Ltd. Interest Coverage Ratio for the year ending December 31, 2023: 1.08

Carmit Candy Industries Ltd. Interest Coverage Ratio is 1.08 for the year ending December 31, 2023, a -3.37% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Carmit Candy Industries Ltd. Interest Coverage Ratio for the year ending December 31, 2022 was 1.12, a 115.19% change year over year.
Carmit Candy Industries Ltd. Interest Coverage Ratio for the year ending December 31, 2021 was -7.38, a -278.18% change year over year.
Carmit Candy Industries Ltd. Interest Coverage Ratio for the year ending December 31, 2020 was 4.14, a -57.40% change year over year.
Carmit Candy Industries Ltd. Interest Coverage Ratio for the year ending December 31, 2019 was 9.72, a -18.96% change year over year.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

Tel Aviv Stock Exchange: CRMT.TA

Carmit Candy Industries Ltd.

CEO	Mr. Mordehai Cohen
IPO Date	Aug. 12, 2002
Location	Israel
Headquarters	25 Hahaganah Street
Employees	112
Sector	Consumer Staples
Industries Consumer Packaged Goods Dairy & Milk

Description

Carmit Candy Industries Ltd. engages in the development, manufacture, and sale of chocolate, pastry, and granola products in Israel and internationally. It offers vegan products, which include chocolate, wafers, and wafer rolls; gluten free products, such as wafers, wafer rolls, chocolate coins, and snacks; and no added sugar products. The company also provides seeds and grains products comprising vegan granola, and energy bar and snacks. Carmit Candy Industries Ltd. was formerly known as Taste of Israel Ltd. The company was incorporated in 1973 and is based in Rishon LeZion, Israel.

Key trends

Past 5 years