Globrands Ltd.

Tel Aviv Stock Exchange GLRS.TA

Globrands Ltd. Interest Coverage Ratio for the year ending December 31, 2023: 7.56

Globrands Ltd. Interest Coverage Ratio is 7.56 for the year ending December 31, 2023, a -68.14% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Globrands Ltd. Interest Coverage Ratio for the year ending December 31, 2022 was 23.72, a -46.03% change year over year.
Globrands Ltd. Interest Coverage Ratio for the year ending December 31, 2021 was 43.95, a 5.73% change year over year.
Globrands Ltd. Interest Coverage Ratio for the year ending December 31, 2020 was 41.56, a 19.25% change year over year.
Globrands Ltd. Interest Coverage Ratio for the year ending December 31, 2019 was 34.85.

Key data

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

Tel Aviv Stock Exchange: GLRS.TA

Globrands Ltd.

CEO	Mr. Gadi Guideon Netzer
IPO Date	March 31, 2022
Location	Israel
Headquarters	Heschel Boulevard 9
Employees	302
Sector	Consumer Staples
Industries Tobacco Consumer Packaged Goods Retail & Wholesale

Description

Globrands Ltd. imports, distributes, markets, and sells tobacco, and food and confectionery products primarily in Israel. It operates in Smoking Products, and Confectionery and Snacks divisions. The company imports and distributes cigarettes under the Kent, Pall Mall, Vogue, Rotmans, and Lucky Strike brand names. It serves primarily retail customers and multinational corporations. The company was founded in 2000 and is based in Tel Aviv, Israel.

Key trends

Past 5 years