Cellcom Israel Balance Sheet Health
Financial Health criteria checks 3/6
Cellcom Israel has a total shareholder equity of ₪2.4B and total debt of ₪2.0B, which brings its debt-to-equity ratio to 81.5%. Its total assets and total liabilities are ₪6.3B and ₪3.9B respectively. Cellcom Israel's EBIT is ₪368.0M making its interest coverage ratio 4.6. It has cash and short-term investments of ₪226.0M.
Key information
81.5%
Debt to equity ratio
₪1.95b
Debt
| Interest coverage ratio | 4.6x |
| Cash | ₪226.00m |
| Equity | ₪2.40b |
| Total liabilities | ₪3.95b |
| Total assets | ₪6.34b |
Recent financial health updates
Does Cellcom Israel (TLV:CEL) Have A Healthy Balance Sheet?
Nov 14
Cellcom Israel (TLV:CEL) Has A Pretty Healthy Balance Sheet
Feb 02Does Cellcom Israel (TLV:CEL) Have A Healthy Balance Sheet?
Nov 26
Recent updates
Does Cellcom Israel (TLV:CEL) Have A Healthy Balance Sheet?
Nov 14Do Cellcom Israel's (TLV:CEL) Earnings Warrant Your Attention?
Sep 25Investors Will Want Cellcom Israel's (TLV:CEL) Growth In ROCE To Persist
Aug 09Investors Interested In Cellcom Israel Ltd.'s (TLV:CEL) Earnings
Jul 12Investors 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 (₪1.3B) do not cover its short term liabilities (₪2.0B).
Long Term Liabilities: CEL's short term assets (₪1.3B) do not cover its long term liabilities (₪1.9B).
Debt to Equity History and Analysis
Debt Level: CEL's net debt to equity ratio (72%) is considered high.
Reducing Debt: CEL's debt to equity ratio has reduced from 204.2% to 81.5% over the past 5 years.
Debt Coverage: CEL's debt is well covered by operating cash flow (59.2%).
Interest Coverage: CEL's interest payments on its debt are well covered by EBIT (4.6x coverage).