Discount Investment (XTAE:DISI) Debt-to-Equity : 8.16 (As of Dec. 2023)

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What is Discount Investment Debt-to-Equity?

Discount Investment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪3,206 Mil. Discount Investment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪10,744 Mil. Discount Investment's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₪1,710 Mil. Discount Investment's debt to equity for the quarter that ended in Dec. 2023 was 8.16.

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 Discount Investment's Debt-to-Equity or its related term are showing as below:

XTAE:DISI' s Debt-to-Equity Range Over the Past 10 Years
Min: 6.7 Med: 8.82 Max: 21.32
Current: 8.16

During the past 13 years, the highest Debt-to-Equity Ratio of Discount Investment was 21.32. The lowest was 6.70. And the median was 8.82.

XTAE:DISI's Debt-to-Equity is ranked worse than
97.08% of 342 companies
in the Telecommunication Services industry
Industry Median: 0.64 vs XTAE:DISI: 8.16

Discount Investment Debt-to-Equity Historical Data

The historical data trend for Discount Investment'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.

Discount Investment Debt-to-Equity Chart

Discount Investment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

7.51

10.46

6.70

8.16

Discount Investment 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															6.70	7.51	7.55	8.37	8.16

Competitive Comparison of Discount Investment's Debt-to-Equity

For the Telecom Services subindustry, Discount Investment'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.

Discount Investment's Debt-to-Equity Distribution in the Telecommunication Services Industry

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

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

Discount Investment Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Discount Investment'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
	=	(3206	+	10744)	/	1710
	=	8.16

Discount Investment'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
	=	(3206	+	10744)	/	1710
	=	8.16

Discount Investment (XTAE:DISI) 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.

Discount Investment Debt-to-Equity Related Terms

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

Discount Investment (XTAE:DISI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Discount Investment Corp Ltd (XTAE:DISI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Azrieli Center, 44th Floor, Triangle Tower, Tel Aviv, ISR, 6702301

Website

http://www.dic.co.il

Discount Investment Corp Ltd is an Israel-based holding company. The company's main line of business is to invest in other enterprises in a variety of sectors. Its portfolio comprises of domestic and foreign companies which are well established or have a strong growth potential. Discount's investment areas include cellular communications, advanced technologies, retail and food, real estate and construction. It basically invests across three main segments, which are Cellcom, Shufersal and Property and Building Corporation. Shufersal is a retail chains in Israel,cellcom is a cellular operators in the country.

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