Palestine Telecommunications Company P.L.C Balance Sheet Health
Financial Health criteria checks 4/6
Palestine Telecommunications Company P.L.C has a total shareholder equity of JOD205.2M and total debt of JOD96.2M, which brings its debt-to-equity ratio to 46.9%. Its total assets and total liabilities are JOD497.9M and JOD292.7M respectively. Palestine Telecommunications Company P.L.C's EBIT is JOD52.0M making its interest coverage ratio -30.8. It has cash and short-term investments of JOD34.3M.
Key information
46.9%
Debt to equity ratio
د.أ96.22m
Debt
| Interest coverage ratio | -30.8x |
| Cash | د.أ34.32m |
| Equity | د.أ205.18m |
| Total liabilities | د.أ292.73m |
| Total assets | د.أ497.92m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PALTEL's short term assets (JOD126.8M) do not cover its short term liabilities (JOD225.7M).
Long Term Liabilities: PALTEL's short term assets (JOD126.8M) exceed its long term liabilities (JOD67.0M).
Debt to Equity History and Analysis
Debt Level: PALTEL's net debt to equity ratio (30.2%) is considered satisfactory.
Reducing Debt: PALTEL's debt to equity ratio has increased from 33.9% to 46.9% over the past 5 years.
Debt Coverage: PALTEL's debt is well covered by operating cash flow (93.3%).
Interest Coverage: PALTEL earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 07:00 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Palestine Telecommunications Company P.L.C is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Myriam Chaabouni | AlphaMena |
| Serene Zawaydeh | Awraq Investments |