GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Internet Gold-Golden Lines Ltd (XTAE:IGLD-M) » Definitions » Equity-to-Asset

Internet Gold-Golden Lines (XTAE:IGLD-M) Equity-to-Asset : 0.98 (As of Jun. 2023)


View and export this data going back to 2005. Start your Free Trial

What is Internet Gold-Golden Lines Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Internet Gold-Golden Lines's Total Stockholders Equity for the quarter that ended in Jun. 2023 was ₪6 Mil. Internet Gold-Golden Lines's Total Assets for the quarter that ended in Jun. 2023 was ₪6 Mil.

The historical rank and industry rank for Internet Gold-Golden Lines's Equity-to-Asset or its related term are showing as below:

XTAE:IGLD-M' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.41   Med: 0   Max: 0.98
Current: 0.98

During the past 13 years, the highest Equity to Asset Ratio of Internet Gold-Golden Lines was 0.98. The lowest was -1.41. And the median was 0.00.

XTAE:IGLD-M's Equity-to-Asset is ranked better than
98.98% of 391 companies
in the Telecommunication Services industry
Industry Median: 0.41 vs XTAE:IGLD-M: 0.98

Internet Gold-Golden Lines Equity-to-Asset Historical Data

The historical data trend for Internet Gold-Golden Lines's Equity-to-Asset 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.

Internet Gold-Golden Lines Equity-to-Asset Chart

Internet Gold-Golden Lines Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.01 0.01 -0.02 -1.41

Internet Gold-Golden Lines Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Jun22 Jun23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.06 -0.06 -1.41 - 0.98

Competitive Comparison of Internet Gold-Golden Lines's Equity-to-Asset

For the Telecom Services subindustry, Internet Gold-Golden Lines's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


Internet Gold-Golden Lines's Equity-to-Asset Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Internet Gold-Golden Lines's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Internet Gold-Golden Lines's Equity-to-Asset falls into.



Internet Gold-Golden Lines Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Internet Gold-Golden Lines's Equity to Asset Ratio for the fiscal year that ended in Dec. 2019 is calculated as

Equity to Asset (A: Dec. 2019 )=Total Stockholders Equity/Total Assets
=-471/335
=-1.41

Internet Gold-Golden Lines's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )=Total Stockholders Equity/Total Assets
=6.248/6.366
=

* 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.


Internet Gold-Golden Lines  (XTAE:IGLD-M) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Internet Gold-Golden Lines Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Internet Gold-Golden Lines's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Internet Gold-Golden Lines (XTAE:IGLD-M) Business Description

Traded in Other Exchanges
N/A
Address
2 Dov Friedman Street, Ramat Gan, ISR, 5250301
Internet Gold-Golden Lines Ltd is communications group in Israel. The company's principal subsidiary is B Communications, through which it owns the controlling interest in Bezeq which is a telecommunications service provider. Bezeq mainly provides communications services in Israel offering a broad range of telecommunications operations and services, including domestic fixed-line, cellular and international communication services, Internet services, multi-channel television, television and radio broadcasts, satellite broadcasts, customer call centers, maintenance and development of communications infrastructures. It also provides communications services to other communications providers and the supply and maintenance of equipment on customer premises.

Internet Gold-Golden Lines (XTAE:IGLD-M) Headlines

No Headlines