Partner Communications Co (XTAE:PTNR) Debt-to-Equity : 0.94 (As of Dec. 2023)

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What is Partner Communications Co Debt-to-Equity?

Partner Communications Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪367 Mil. Partner Communications Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪1,477 Mil. Partner Communications Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₪1,960 Mil. Partner Communications Co's debt to equity for the quarter that ended in Dec. 2023 was 0.94.

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 Partner Communications Co's Debt-to-Equity or its related term are showing as below:

XTAE:PTNR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.94 Med: 1.34 Max: 3.15
Current: 0.94

During the past 13 years, the highest Debt-to-Equity Ratio of Partner Communications Co was 3.15. The lowest was 0.94. And the median was 1.34.

XTAE:PTNR's Debt-to-Equity is ranked worse than
63.32% of 349 companies
in the Telecommunication Services industry
Industry Median: 0.65 vs XTAE:PTNR: 0.94

Partner Communications Co Debt-to-Equity Historical Data

The historical data trend for Partner Communications Co'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.

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Partner Communications Co Debt-to-Equity Chart

Partner Communications Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.69

1.33

1.29

1.18

0.94

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
Debt-to-Equity	Get a 7-Day Free Trial															1.18	1.15	1.00	0.96	0.94

Competitive Comparison of Partner Communications Co's Debt-to-Equity

For the Telecom Services subindustry, Partner Communications Co'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.

Partner Communications Co's Debt-to-Equity Distribution in the Telecommunication Services Industry

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

* The bar in red indicates where Partner Communications Co's Debt-to-Equity falls into.

Partner Communications Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Partner Communications Co'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
	=	(367	+	1477)	/	1960
	=	0.94

Partner Communications Co'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
	=	(367	+	1477)	/	1960
	=	0.94

Partner Communications Co (XTAE:PTNR) 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.

Partner Communications Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Partner Communications Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Partner Communications Co (XTAE:PTNR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Partner Communications Co Ltd (XTAE:PTNR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

PTNRF:USA

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.

Partner Communications Co (XTAE:PTNR) Headlines

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