Bezeq The Israel Telecommunication Balance Sheet Health
Financial Health criteria checks 4/6
Bezeq The Israel Telecommunication has a total shareholder equity of ₪2.3B and total debt of ₪7.9B, which brings its debt-to-equity ratio to 345%. Its total assets and total liabilities are ₪15.5B and ₪13.2B respectively. Bezeq The Israel Telecommunication's EBIT is ₪1.6B making its interest coverage ratio 4.2. It has cash and short-term investments of ₪3.2B.
Key information
345.0%
Debt to equity ratio
₪7.92b
Debt
| Interest coverage ratio | 4.2x |
| Cash | ₪3.20b |
| Equity | ₪2.30b |
| Total liabilities | ₪13.18b |
| Total assets | ₪15.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BZQI.F's short term assets (₪5.0B) exceed its short term liabilities (₪4.2B).
Long Term Liabilities: BZQI.F's short term assets (₪5.0B) do not cover its long term liabilities (₪9.0B).
Debt to Equity History and Analysis
Debt Level: BZQI.F's net debt to equity ratio (205.8%) is considered high.
Reducing Debt: BZQI.F had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: BZQI.F's debt is well covered by operating cash flow (44.5%).
Interest Coverage: BZQI.F's interest payments on its debt are well covered by EBIT (4.2x coverage).