Bezeq The Israeli Telecommunication (Bezeq The Israeli Telecommunication) Cash-to-Debt : 0.20 (As of Dec. 2023)

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What is Bezeq The Israeli Telecommunication Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Bezeq The Israeli Telecommunication's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.20.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Bezeq The Israeli Telecommunication couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Bezeq The Israeli Telecommunication's Cash-to-Debt or its related term are showing as below:

BZQIY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.11 Med: 0.18 Max: 0.29
Current: 0.2

During the past 13 years, Bezeq The Israeli Telecommunication's highest Cash to Debt Ratio was 0.29. The lowest was 0.11. And the median was 0.18.

BZQIY's Cash-to-Debt is ranked worse than
60.72% of 387 companies
in the Telecommunication Services industry
Industry Median: 0.37 vs BZQIY: 0.20

Bezeq The Israeli Telecommunication Cash-to-Debt Historical Data

The historical data trend for Bezeq The Israeli Telecommunication's Cash-to-Debt 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.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Bezeq The Israeli Telecommunication Cash-to-Debt Chart

Bezeq The Israeli Telecommunication Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.14

0.15

0.19

0.18

0.20

Bezeq The Israeli Telecommunication Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.18	0.25	0.23	0.28	0.20

Competitive Comparison of Bezeq The Israeli Telecommunication's Cash-to-Debt

For the Telecom Services subindustry, Bezeq The Israeli Telecommunication's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Bezeq The Israeli Telecommunication's Cash-to-Debt Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Bezeq The Israeli Telecommunication's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Bezeq The Israeli Telecommunication's Cash-to-Debt falls into.

Bezeq The Israeli Telecommunication Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Bezeq The Israeli Telecommunication's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	460.566	/	(393.689	+	1958.517)
	=	0.20

Bezeq The Israeli Telecommunication's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	460.566	/	(393.689	+	1958.517)
	=	0.20

Bezeq The Israeli Telecommunication (OTCPK:BZQIY) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Bezeq The Israeli Telecommunication Cash-to-Debt Related Terms

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Bezeq The Israeli Telecommunication (Bezeq The Israeli Telecommunication) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Bezeq The Israeli Telecommunication Corp Ltd (OTCPK:BZQIY) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

BEZQ:Israel

Address

132 Menachem Begin Avenue, Azrieli Center, (Triangle Tower), 27th Floor, Tel Aviv, ISR, 61620

Website

https://www.bezeq.co.il

Bezeq The Israeli Telecommunication Corp Ltd is a triple-play telecommunications company. The company generates revenue through the provision of mobile, broadband, and data. It operates through four business segments: Bezeq, Pelephone, Bezeq International, and DBS Satellite Services. The Bezeq segment generates revenue from fixed-line communications and contributes the majority of overall company revenue. Pelephone derives revenue from the provision of mobile services. Bezeq International and DBS Satellite Services produce revenue from the provision of Internet services and satellite TV services, respectively. The company owns telecommunications infrastructure, such as fibre networks. It generates the vast majority of its revenue in Israel.