Tidea Technological Development and Automation Ltd. (TLV:TEDE) has a balance sheet with debt of ₪5.87m, up from ₪3.26m in one year. However, despite this, the company has also accumulated ₪2.13m in cash offsetting this, leading to net debt of about ✜3.73m. The balance sheet is clearly the primary focus on debt, but the companys earnings will influence the balance sheets performance in the future. Over the last 12 months, Tedea produced an earnings before interest and tax (EBIT) loss, which we believe is a significant amount of uncertainty. The companys long-term earnings trend is also highlighted by this graph.
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