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.