How much debt does InterCure have?

InterCure had total debt of ILS 70.46M as of Dec 31, 2025, against ILS 46.67M in cash and short-term investments. Its debt-to-equity ratio was 0.18. Total debt was ILS 183.41M a year earlier.

What are InterCure's total assets?

InterCure reported total assets of ILS 690.55M as of Dec 31, 2025, down 9.4% from ILS 762.57M a year earlier. Total liabilities were ILS 294.19M.

What is InterCure's shareholders' equity?

InterCure's shareholders' equity was ILS 396.36M as of Dec 31, 2025, or about ILS 7.25 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry.

InterCure (INCR) Balance Sheet: Assets & Liabilities

InterCure Balance Sheet Analysis

Values in millions ILS

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for InterCure Ltd. (INCR) - Annual data in millions ILS
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2022	FY 2021	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Mar 2023	Dec 2022	Mar 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Current Assets
Cash and Cash Equivalents	46.47	78.32	101.14	232.59	232.59	196.22	196.22	37.89	27.34	3.42	2.12
Short-Term Investments	0.21	0.33	0.19	0.21	0.21	0.33	0.33	0.38	0.18	0.25	0.32
Cash & Short-Term Investments	46.68	78.65	101.33	232.79	232.79	196.55	196.55	38.26	27.52	3.66	2.44
Accounts Receivable	21.18	51.85	60.41	129.95	36.92	37.53	17.41	15.36	1.59	0.00	0.00
Inventory	108.01	125.33	106.29	146.50	140.13	76.02	67.88	22.54	5.79	-1.54	-0.38
Other Current Assets	2.03	1.32	9.66	18.25	13.91	26.06	21.08	0.49	7.32	0.00	0.00
Total Current Assets	316.75	391.80	418.80	527.49	527.49	336.16	336.16	76.65	42.21	4.96	2.48
Non-Current Assets
Property, Plant & Equipment (Net)	102.81	105.24	97.47	103.13	103.13	86.51	86.51	53.47	32.15	0.09	0.00
Long-Term Investments	1.02	2.15	1.92	42.57	2.57	2.57	2.57	3.14	39.91	30.88	21.46
Goodwill	219.19	224.59	221.08	284.18	284.18	258.07	268.29	190.10	167.97	0.00	0.00
Other Non-Current Assets	50.78	38.79	28.89	0.00	20.64	0.00	3.02	0.00	0.00	0.00	0.00
Total Non-Current Assets	373.81	370.77	367.81	450.51	410.51	350.17	360.39	249.62	240.03	30.96	21.47
Total Assets	690.55	762.57	786.61	958.01	958.01	686.32	696.55	326.27	282.23	35.92	23.95
Current Liabilities
Accounts Payable	68.14	77.54	78.44	126.07	126.07	64.47	64.47	18.62	4.94	0.23	0.00
Short-Term Debt	11.00	69.44	88.19	132.37	1.09	75.59	72.28	2.55	13.85	12.78	2.94
Current Portion of Long-Term Debt	88.80	69.44	88.19	-	126.94	-	70.56	0.52	-	-	-
Accrued Liabilities	43.45	14.35	12.50	-	48.40	-	11.20	3.43	-	-	-
Deferred Revenue	0.00	0.00	0.00	8.06	8.06	2.90	2.90	1.17	0.00	0.00	0.01
Other Current Liabilities	2.97	37.97	4.08	46.22	10.23	50.62	15.78	7.54	3.85	3.25	0.33
Total Current Liabilities	214.37	226.75	225.87	312.72	312.72	193.58	193.59	29.88	22.63	16.26	3.27
Non-Current Liabilities
Long-Term Debt	59.46	113.98	82.20	122.79	99.68	33.32	11.95	4.13	3.21	0.00	0.00
Other Non-Current Liabilities	0.88	0.97	0.84	1.03	1.03	0.22	0.22	0.16	0.19	0.00	0.00
Total Non-Current Liabilities	79.83	138.15	103.68	123.81	123.81	33.55	33.55	4.28	3.40	0.00	0.00
Total Liabilities	294.20	364.90	329.55	436.53	436.53	227.13	227.13	34.16	26.03	16.26	3.27
Stockholders' Equity
Common Stock	675.60	658.60	643.16	632.03	632.03	623.57	623.57	452.26	403.40	162.30	146.45
Retained Earnings	-314.62	-277.58	-204.00	-141.65	-141.65	-186.47	-186.47	-191.16	-151.03	-148.03	-128.77
Accumulated Other Comprehensive Income	15.95	15.95	15.95	2.39	2.39	2.39	2.39	13.40	2.39	1.79	1.54
Additional Paid-in Capital	19.59	0.00	0.00	8.54	-	8.54	-	0.00	0.00	0.00	-0.15
Minority Interest	-0.16	0.70	1.95	20.17	20.17	11.16	21.38	17.60	0.23	0.00	0.00
Shares Outstanding	54.68	47.16	45.57	-	45.57	-	45.13	-	-	-	-
Total Stockholders' Equity	396.36	396.97	455.11	501.31	521.48	448.03	448.03	274.51	255.97	19.66	20.68
Total Liabilities & Equity	690.55	762.57	786.61	958.01	958.01	686.32	696.55	326.27	282.23	35.92	23.95

Source: Company financial statements from annual and quarterly filings. Data as of Dec 31, 2025. Data sources and methodology

InterCure Balance Sheet Analysis

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