Carmit (CRMT) - Net Assets
Based on the latest financial reports, Carmit (CRMT) has net assets worth ILA72.61 Million ILA (≈ $194.65K USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA274.82 Million ≈ $736.79K USD) and total liabilities (ILA202.22 Million ≈ $542.14K USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check CRMT financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ILA72.61 Million |
| % of Total Assets | 26.42% |
| Annual Growth Rate | 6.57% |
| 5-Year Change | -12.49% |
| 10-Year Change | 25.01% |
| Growth Volatility | 17.32 |
Carmit - Net Assets Trend (2004–2024)
This chart illustrates how Carmit's net assets have evolved over time, based on quarterly financial data. Also explore Carmit (CRMT) total assets for the complete picture of this company's asset base.
Annual Net Assets for Carmit (2004–2024)
The table below shows the annual net assets of Carmit from 2004 to 2024. For live valuation and market cap data, see market cap of Carmit.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA71.10 Million ≈ $190.62K |
-2.48% |
| 2023-12-31 | ILA72.91 Million ≈ $195.47K |
+1.10% |
| 2022-12-31 | ILA72.12 Million ≈ $193.35K |
+0.89% |
| 2021-12-31 | ILA71.48 Million ≈ $191.64K |
-12.02% |
| 2020-12-31 | ILA81.25 Million ≈ $217.83K |
+4.54% |
| 2019-12-31 | ILA77.72 Million ≈ $208.38K |
+13.76% |
| 2018-12-31 | ILA68.32 Million ≈ $183.17K |
+8.32% |
| 2017-12-31 | ILA63.07 Million ≈ $169.10K |
+8.14% |
| 2016-12-31 | ILA58.33 Million ≈ $156.37K |
+2.55% |
| 2015-12-31 | ILA56.88 Million ≈ $152.48K |
+7.12% |
| 2014-12-31 | ILA53.10 Million ≈ $142.35K |
+12.17% |
| 2013-12-31 | ILA47.34 Million ≈ $126.91K |
+11.20% |
| 2012-12-31 | ILA42.57 Million ≈ $114.13K |
+16.37% |
| 2011-12-31 | ILA36.58 Million ≈ $98.07K |
+0.97% |
| 2010-12-31 | ILA36.23 Million ≈ $97.13K |
+46.77% |
| 2009-12-31 | ILA24.68 Million ≈ $66.18K |
+10.32% |
| 2008-12-31 | ILA22.38 Million ≈ $59.99K |
+54.09% |
| 2006-12-31 | ILA14.52 Million ≈ $38.93K |
-25.74% |
| 2005-12-31 | ILA19.55 Million ≈ $52.43K |
-1.72% |
| 2004-12-31 | ILA19.90 Million ≈ $53.35K |
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Equity Component Analysis
This analysis shows how different components contribute to Carmit's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 2795400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ILA27.95 Million | 39.32% |
| Other Components | ILA43.15 Million | 60.68% |
| Total Equity | ILA71.10 Million | 100.00% |
Carmit Competitors by Market Cap
The table below lists competitors of Carmit ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zeo Energy Corp.
NASDAQ:ZEO
|
$30.24 Million |
|
Katana Capital Ltd
AU:KAT
|
$30.25 Million |
|
Trisula International Tbk
JK:TRIS
|
$30.25 Million |
|
Duc Long Gia Lai Group JSC
VN:DLG
|
$30.25 Million |
|
HOYA Resort Hotel Group
TWO:2736
|
$30.23 Million |
|
Landis Taipei Hotel Co Ltd
TWO:5703
|
$30.21 Million |
|
AGMO
KLSE:0258
|
$30.19 Million |
|
Retail Food Group Ltd
AU:RFG
|
$30.19 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Carmit's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 72,912,000 to 71,101,000, a change of -1,811,000 (-2.5%).
- Net loss of 1,439,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA-1.44 Million | -2.02% |
| Other Changes | ILA-372.00K | -0.52% |
| Total Change | ILA- | -2.48% |
Book Value vs Market Value Analysis
This analysis compares Carmit's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 158.64x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 178.83x to 158.64x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ILA11.29 | ILA2019.00 | x |
| 2018-12-31 | ILA12.23 | ILA2019.00 | x |
| 2019-12-31 | ILA13.87 | ILA2019.00 | x |
| 2020-12-31 | ILA14.54 | ILA2019.00 | x |
| 2021-12-31 | ILA12.80 | ILA2019.00 | x |
| 2022-12-31 | ILA12.91 | ILA2019.00 | x |
| 2023-12-31 | ILA13.05 | ILA2019.00 | x |
| 2024-12-31 | ILA12.73 | ILA2019.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Carmit utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -2.02%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.52%
- • Asset Turnover: 1.00x
- • Equity Multiplier: 3.90x
- Recent ROE (-2.02%) is below the historical average (4.36%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 3.06% | 0.88% | 1.51x | 2.29x | ILA-2.54 Million |
| 2012 | 13.21% | 4.50% | 1.62x | 1.81x | ILA1.37 Million |
| 2013 | 11.17% | 4.30% | 1.45x | 1.80x | ILA552.30K |
| 2014 | 9.97% | 4.24% | 1.30x | 1.81x | ILA-14.80K |
| 2015 | 5.01% | 2.22% | 1.30x | 1.73x | ILA-2.84 Million |
| 2016 | 1.38% | 0.60% | 1.25x | 1.86x | ILA-5.03 Million |
| 2017 | 7.77% | 3.44% | 1.35x | 1.67x | ILA-1.41 Million |
| 2018 | 7.44% | 3.60% | 1.29x | 1.60x | ILA-1.75 Million |
| 2019 | 10.76% | 5.13% | 1.09x | 1.92x | ILA588.70K |
| 2020 | 5.19% | 2.61% | 0.87x | 2.29x | ILA-3.91 Million |
| 2021 | -13.49% | -5.40% | 0.77x | 3.25x | ILA-16.79 Million |
| 2022 | 0.82% | 0.27% | 0.87x | 3.54x | ILA-6.62 Million |
| 2023 | 0.71% | 0.22% | 0.95x | 3.38x | ILA-6.77 Million |
| 2024 | -2.02% | -0.52% | 1.00x | 3.90x | ILA-8.55 Million |
Industry Comparison
This section compares Carmit's net assets metrics with peer companies in the Confectioners industry.
Industry Context
- Industry: Confectioners
- Average net assets among peers: $63,303,500
- Average return on equity (ROE) among peers: -5.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Carmit (CRMT) | ILA72.61 Million | 3.06% | 2.79x | $30.24 Million |
| Salomon A Angel Ltd (ANGL) | $64.03 Million | 0.00% | 4.19x | $28.74 Million |
| Top Gum Industries Ltd (TPGM) | $62.58 Million | -10.36% | 0.73x | $475.75 Million |
About Carmit
Carmit Candy Industries Ltd. develops, produces, markets, exports, imports, and sells chocolate, pastries, granola and sugars in Israel and internationally. It offers chocolate tablet and coins, wafers and cookies, chocolate snacks, melting chocolate, spreads, decorations, granola, marshmallow, frozen snacks, gluten free, no added sugar, and vegan products. It distributes its products through ret… Read more