Partner Communications Co (Partner Communications Co) Interest Expense : $-18.0 Mil (TTM As of Dec. 2023)

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What is Partner Communications Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Partner Communications Co's interest expense for the three months ended in Dec. 2023 was $ -3.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-18.0 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Partner Communications Co's Operating Income for the three months ended in Dec. 2023 was $ 9.4 Mil. Partner Communications Co's Interest Expense for the three months ended in Dec. 2023 was $ -3.4 Mil. Partner Communications Co's Interest Coverage for the quarter that ended in Dec. 2023 was 2.77. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Partner Communications Co Interest Expense Historical Data

The historical data trend for Partner Communications Co's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Partner Communications Co Interest Expense Chart

Partner Communications Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-19.60

-20.12

-17.77

-19.60

-18.03

Partner Communications Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-4.18	-5.49	-4.96	-4.18	-3.40

Partner Communications Co Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-18.0 Mil.

Partner Communications Co (OTCPK:PTNRY) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Partner Communications Co's Interest Expense for the three months ended in Dec. 2023 was $-3.4 Mil. Its Operating Income for the three months ended in Dec. 2023 was $9.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $385.9 Mil.

Partner Communications Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	9.406	/	-3.396
	=	2.77

The higher the ratio, the stronger the company's financial strength is.

Partner Communications Co (Partner Communications Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Partner Communications Co Ltd (OTCPK:PTNRY) » Definitions » Interest Expense

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PTNR:Israel

Address

8 Amal Street, Afek Industrial Park, Rosh Ha'ayin, ISR, 48103

Website

https://www.partner.co.il

Partner Communications Co Ltd is an Israeli-based telecommunications company. It provides a wide integrated and customized range of cellular and fixed-line telecommunication services, including infrastructure, international long-distance (ILD), internet services provider (ISP), television, and other services. The cellular business segment represents the portion of total revenues, and it offers services such as airtime calls, international roaming services, text messaging, internet browsing, value-added and content services, and services provided to other operators that use the company's cellular network.