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
12/20160.15NA17.47
09/20160.02NA118.00
06/20160.01NA162.00
03/20160.03NA42.33
12/20150.01NA121.00
09/20150.04NA39.00
06/2015-0.04NAN/E
03/2015-0.63NAN/E

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity0.03Total Liab/Total Assets0.52
Net Inc/Total Assets0.05Total Liab/Inv Cap1.10
Net Inc/Inv Cap0.10Total Liab/Comm Equity0.33
Pretax Inc/Net Sales0.04Interest Coverage Ratio3.09
Net Inc/Net Sales0.04Curr Debt/Equity0.15
Cash Flow/Net Sales0.09LTD/EquityNA
SG&A/NetSales0.20Total Debt/Equity0.15
Asset Utilization   Liquidity  
Net Receivables Turnover2.22Quick Ratio1.46
Inventory Turnover4.08Current Ratio1.87
Inventory Day Sales0.01Net Rec/Curr Assets0.60
Net Sales/Work Cap3.06Inv/Curr Assets0.22
Net Sales/PP&E10.65  

Income Statement (Millions)

  12/31/2016 12/31/2015 12/31/2014 12/31/2013
Total Revenues(Net Sales) 293.64 349.44 371.11 361.77
Cost of Goods Sold 194.48 246.49 286.67 249.54
Selling & Admin Exps 57.97 57.20 59.89 86.84
Operating Income 19.49 21.59 -32.03 -26.92
Interest Exp 6.30 14.74 37.95 14.02
Pretax Income 13.19 6.85 -69.98 -40.94
Other Income NA NA NA NA
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 11.43 1.01 -76.48 -47.48

Balance Sheet (Millions)

Assets 12/31/2016 12/31/2015 12/31/2014 12/31/2013
Cash & Short Term Investments 36.34 36.32 42.37 48.35
Receivables - Total 124.47 140.46 189.05 172.57
Inventories - Total 45.65 49.69 61.83 64.24
Total Current Assets 206.46 226.47 293.25 285.16
Net Property, Plant & Equipment 27.56 28.91 33.14 35.25
Total Assets 244.23 267.25 341.87 365.97
Liabilities        
Accounts Payable 90.83 100.69 139.00 123.51
Debt in Current Liabilities 17.00 34.92 48.83 46.92
Total Current Liabilities 110.51 144.51 205.50 178.40
Long-Term Debt NA NA 2.07 10.30
Total Liabilities 128.06 164.43 237.32 230.89
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA NA
Common Stock 0.21 0.21 0.21 0.14
Retained Earnings -265.43 -276.86 -277.87 -201.39
Treasury Stock -20.09 -20.09 -20.09 -20.09
Total Stockholders' Equity 116.16 102.82 104.55 135.08
Total Liabilities and Stockholders' Equity 244.23 267.25 341.87 365.97

Cash Flow Summary (Millions)

Categories 12/31/2016 12/31/2015 12/31/2014 12/31/2013
Net Cash Provided by Operating Activities 25.77 16.12 -32.28 -29.51
Net Cash Provided by Investing Activities -8.19 -4.73 -7.50 -23.82
Net Cash Provided by Financing Activities -17.85 -15.84 38.83 49.56

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2012446.65-23.39-0.64
12/2013361.77-47.481.23
12/2014371.11-76.48-0.40
12/2015349.441.010.01
12/2016293.6411.430.15
Growth Rates-9.95----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/177115,96220.47




Report Date : 10/16/2017

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