Company Information

  

Address: 24 RAOUL WALLENBERG ST  
City: TEL AVIV 
State:  
Zip Code: 69719 
Telephone: 972-3-543-1000 

Description of Business

Primary SIC Code: 3663
(As filed with the SEC)  

We were incorporated under the laws of the State of Israel on July 23, 1996 as Giganet Ltd. We changed our name to Ceragon Networks Ltd. on September 6, 2000. We operate under the Israeli Companies Law, and our registered office is located at 24 Raoul Wallenberg Street, Tel Aviv, Israel 69719, and the telephone number is +972-3-543-1000. Our web address is www.ceragon.com. Information contained on our website does not constitute a part of this annual report. Our agent for service of process in the United States is Ceragon Networks, Inc., our wholly owned U.S. subsidiary and North American headquarters, located at Overlook at Great Notch, 150 Clove Road, 9th Floor, Little Falls, NJ 07424. B. Business Overview We are the leading wireless backhaul specialist company in terms of unit shipments and global distribution of our business, providing innovative wireless backhaul solutions to global wireless backhaul markets.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
12/20170.19NA10.42
09/20170.25NA8.32
12/20160.15NA17.47
09/20160.02NA118.00
06/20160.01NA162.00
03/20160.03NA42.33
12/20150.01NA121.00
09/20150.04NA39.00

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.04Total Liab/Total Assets0.47
Net Inc/Total Assets0.06Total Liab/Inv Cap0.81
Net Inc/Inv Cap0.11Total Liab/Comm Equity0.31
Pretax Inc/Net Sales0.05Interest Coverage Ratio3.93
Net Inc/Net Sales0.05Curr Debt/EquityNA
Cash Flow/Net Sales0.05LTD/EquityNA
SG&A/NetSales0.18Total Debt/EquityNA
Asset Utilization   Liquidity  
Net Receivables Turnover2.60Quick Ratio1.49
Inventory Turnover4.50Current Ratio2.00
Inventory Day Sales0.01Net Rec/Curr Assets0.62
Net Sales/Work Cap3.15Inv/Curr Assets0.26
Net Sales/PP&E11.12  

Income Statement (Millions)

  12/31/2017 12/31/2016 12/31/2015 12/31/2014
Total Revenues(Net Sales) 332.03 293.64 349.44 371.11
Cost of Goods Sold 224.70 194.48 246.49 286.67
Selling & Admin Exps 58.49 57.97 57.20 59.89
Operating Income 23.15 19.49 21.59 -32.03
Interest Exp 5.89 6.30 14.74 37.95
Pretax Income 17.26 13.19 6.85 -69.98
Other Income NA NA NA NA
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 15.56 11.43 1.01 -76.48

Balance Sheet (Millions)

Assets 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Cash & Short Term Investments 25.88 36.34 36.32 42.37
Receivables - Total 130.77 124.47 140.46 189.05
Inventories - Total 54.16 45.65 49.69 61.83
Total Current Assets 210.81 206.46 226.47 293.25
Net Property, Plant & Equipment 29.87 27.56 28.91 33.14
Total Assets 253.59 244.23 267.25 341.87
Liabilities        
Accounts Payable 100.26 90.83 100.69 139.00
Debt in Current Liabilities 0.00 17.00 34.92 48.83
Total Current Liabilities 105.45 110.51 144.51 205.50
Long-Term Debt NA NA NA 2.07
Total Liabilities 119.70 128.06 164.43 237.32
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA NA
Common Stock 0.21 0.21 0.21 0.21
Retained Earnings -249.87 -265.43 -276.86 -277.87
Treasury Stock -20.09 -20.09 -20.09 -20.09
Total Stockholders' Equity 133.90 116.16 102.82 104.55
Total Liabilities and Stockholders' Equity 253.59 244.23 267.25 341.87

Cash Flow Summary (Millions)

Categories 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Net Cash Provided by Operating Activities 17.15 25.77 16.12 -32.28
Net Cash Provided by Investing Activities -10.94 -8.19 -4.73 -7.50
Net Cash Provided by Financing Activities -16.71 -17.85 -15.84 38.83

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2013361.77-47.481.23
12/2014371.11-76.48-0.40
12/2015349.441.010.01
12/2016293.6411.430.15
12/2017332.0315.560.19
Growth Rates-2.12----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional03/31/187517,06921.85




Report Date : 6/11/2018

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