Cellcom Israel (Cellcom Israel) Debt-to-Equity : 1.32 (As of Dec. 2023)

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What is Cellcom Israel Debt-to-Equity?

Cellcom Israel's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $205 Mil. Cellcom Israel's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $581 Mil. Cellcom Israel's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $595 Mil. Cellcom Israel's debt to equity for the quarter that ended in Dec. 2023 was 1.32.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Cellcom Israel's Debt-to-Equity or its related term are showing as below:

CELJF' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.32 Med: 2.24 Max: 4.31
Current: 1.32

During the past 13 years, the highest Debt-to-Equity Ratio of Cellcom Israel was 4.31. The lowest was 1.32. And the median was 2.24.

CELJF's Debt-to-Equity is ranked worse than
72.49% of 349 companies
in the Telecommunication Services industry
Industry Median: 0.65 vs CELJF: 1.32

Cellcom Israel Debt-to-Equity Historical Data

The historical data trend for Cellcom Israel's Debt-to-Equity 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.

* Premium members only.

Cellcom Israel Debt-to-Equity Chart

Cellcom Israel Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.16

2.11

1.78

1.72

1.32

Cellcom Israel Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.72	1.59	1.57	1.35	1.32

Competitive Comparison of Cellcom Israel's Debt-to-Equity

For the Telecom Services subindustry, Cellcom Israel's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

Cellcom Israel's Debt-to-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Cellcom Israel's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Cellcom Israel's Debt-to-Equity falls into.

Cellcom Israel Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cellcom Israel's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(205.289	+	580.644)	/	594.838
	=	1.32

Cellcom Israel's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(205.289	+	580.644)	/	594.838
	=	1.32

Cellcom Israel (OTCPK:CELJF) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Cellcom Israel Debt-to-Equity Related Terms

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Cellcom Israel (Cellcom Israel) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Cellcom Israel Ltd (OTCPK:CELJF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

CEL:Israel F5U:Germany

Address

10 Hagavish Street, Netanya, ISR, 4250708

Website

http://www.cellcom.co.il

Cellcom Israel Ltd is the largest wireless provider in Israel and holds about one third of the market. The company offers basic voice services and data services such as Web browsing and music downloads. Cellcom is also launching a next-generation wireless service that supports higher data capacity. The company went public in February 2007, and its largest shareholder, Discount Investment, owns about 47% of its shares.