Bezeq The Israel Telecommunication Balance Sheet Health
Financial Health criteria checks 3/6
Bezeq The Israel Telecommunication has a total shareholder equity of ₪2.2B and total debt of ₪7.0B, which brings its debt-to-equity ratio to 316.9%. Its total assets and total liabilities are ₪13.9B and ₪11.7B respectively. Bezeq The Israel Telecommunication's EBIT is ₪1.9B making its interest coverage ratio 10.2. It has cash and short-term investments of ₪1.8B.
Key information
316.9%
Debt to equity ratio
₪6.96b
Debt
| Interest coverage ratio | 10.2x |
| Cash | ₪1.76b |
| Equity | ₪2.20b |
| Total liabilities | ₪11.68b |
| Total assets | ₪13.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BZQI.Y's short term assets (₪3.5B) do not cover its short term liabilities (₪3.7B).
Long Term Liabilities: BZQI.Y's short term assets (₪3.5B) do not cover its long term liabilities (₪8.0B).
Debt to Equity History and Analysis
Debt Level: BZQI.Y's net debt to equity ratio (236.7%) is considered high.
Reducing Debt: BZQI.Y's debt to equity ratio has reduced from 2575.8% to 316.9% over the past 5 years.
Debt Coverage: BZQI.Y's debt is well covered by operating cash flow (49.6%).
Interest Coverage: BZQI.Y's interest payments on its debt are well covered by EBIT (10.2x coverage).