Partner Communications Balance Sheet Health
Financial Health criteria checks 6/6
Partner Communications has a total shareholder equity of ₪2.2B and total debt of ₪946.0M, which brings its debt-to-equity ratio to 43.7%. Its total assets and total liabilities are ₪4.8B and ₪2.6B respectively. Partner Communications's EBIT is ₪321.0M making its interest coverage ratio 16.9. It has cash and short-term investments of ₪691.0M.
Key information
43.7%
Debt to equity ratio
₪946.00m
Debt
| Interest coverage ratio | 16.9x |
| Cash | ₪691.00m |
| Equity | ₪2.17b |
| Total liabilities | ₪2.61b |
| Total assets | ₪4.77b |
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) exceed its long term liabilities (₪1.4B).
Debt to Equity History and Analysis
Debt Level: PTNR's net debt to equity ratio (11.8%) is considered satisfactory.
Reducing Debt: PTNR's debt to equity ratio has reduced from 112.7% to 43.7% over the past 5 years.
Debt Coverage: PTNR's debt is well covered by operating cash flow (100.3%).
Interest Coverage: PTNR's interest payments on its debt are well covered by EBIT (16.9x coverage).