Cellcom Israel Balance Sheet Health
Financial Health criteria checks 3/6
Cellcom Israel has a total shareholder equity of ₪2.3B and total debt of ₪2.3B, which brings its debt-to-equity ratio to 102.9%. Its total assets and total liabilities are ₪6.7B and ₪4.4B respectively. Cellcom Israel's EBIT is ₪335.0M making its interest coverage ratio 4. It has cash and short-term investments of ₪505.0M.
Key information
102.9%
Debt to equity ratio
₪2.34b
Debt
| Interest coverage ratio | 4x |
| Cash | ₪505.00m |
| Equity | ₪2.28b |
| Total liabilities | ₪4.41b |
| Total assets | ₪6.69b |
Recent financial health updates
Cellcom Israel (TLV:CEL) Has A Pretty Healthy Balance Sheet
Feb 02
Does Cellcom Israel (TLV:CEL) Have A Healthy Balance Sheet?
Nov 26
Recent updates
Investors Can Find Comfort In Cellcom Israel's (TLV:CEL) Earnings Quality
May 28Cellcom Israel Ltd.'s (TLV:CEL) 29% Share Price Surge Not Quite Adding Up
Dec 28There's Been No Shortage Of Growth Recently For Cellcom Israel's (TLV:CEL) Returns On Capital
Nov 06Cellcom Israel Ltd.'s (TLV:CEL) Share Price Could Signal Some Risk
Apr 19The Return Trends At Cellcom Israel (TLV:CEL) Look Promising
Apr 02Cellcom Israel's (TLV:CEL) Performance Is Even Better Than Its Earnings Suggest
Mar 18Cellcom Israel (TLV:CEL) Has A Pretty Healthy Balance Sheet
Feb 02What Type Of Shareholders Own The Most Number of Cellcom Israel Ltd. (TLV:CEL) Shares?
Dec 31Does Cellcom Israel (TLV:CEL) Have A Healthy Balance Sheet?
Nov 26Financial Position Analysis
Short Term Liabilities: CEL's short term assets (₪1.7B) do not cover its short term liabilities (₪2.3B).
Long Term Liabilities: CEL's short term assets (₪1.7B) do not cover its long term liabilities (₪2.1B).
Debt to Equity History and Analysis
Debt Level: CEL's net debt to equity ratio (80.8%) is considered high.
Reducing Debt: CEL's debt to equity ratio has reduced from 223.4% to 102.9% over the past 5 years.
Debt Coverage: CEL's debt is well covered by operating cash flow (48.7%).
Interest Coverage: CEL's interest payments on its debt are well covered by EBIT (4x coverage).