Partner Communications Balance Sheet Health
Financial Health criteria checks 5/6
Partner Communications has a total shareholder equity of ₪2.0B and total debt of ₪1.2B, which brings its debt-to-equity ratio to 59.7%. Its total assets and total liabilities are ₪4.8B and ₪2.9B respectively. Partner Communications's EBIT is ₪248.0M making its interest coverage ratio 9.5. It has cash and short-term investments of ₪648.0M.
Key information
59.7%
Debt to equity ratio
₪1.17b
Debt
Interest coverage ratio | 9.5x |
Cash | ₪648.00m |
Equity | ₪1.96b |
Total liabilities | ₪2.87b |
Total assets | ₪4.83b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PTNR's short term assets (₪1.4B) exceed its short term liabilities (₪1.3B).
Long Term Liabilities: PTNR's short term assets (₪1.4B) do not cover its long term liabilities (₪1.5B).
Debt to Equity History and Analysis
Debt Level: PTNR's net debt to equity ratio (26.7%) is considered satisfactory.
Reducing Debt: PTNR's debt to equity ratio has reduced from 97.2% to 59.7% over the past 5 years.
Debt Coverage: PTNR's debt is well covered by operating cash flow (81.2%).
Interest Coverage: PTNR's interest payments on its debt are well covered by EBIT (9.5x coverage).