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

Partner Communications Co (XTAE:PTNR) Equity-to-Asset : 0.41 (As of Dec. 2023)


View and export this data going back to 2001. Start your Free Trial

What is Partner Communications Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Partner Communications Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₪1,960 Mil. Partner Communications Co's Total Assets for the quarter that ended in Dec. 2023 was ₪4,831 Mil. Therefore, Partner Communications Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.41.

The historical rank and industry rank for Partner Communications Co's Equity-to-Asset or its related term are showing as below:

XTAE:PTNR' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.19   Med: 0.32   Max: 0.41
Current: 0.41

During the past 13 years, the highest Equity to Asset Ratio of Partner Communications Co was 0.41. The lowest was 0.19. And the median was 0.32.

XTAE:PTNR's Equity-to-Asset is ranked better than
52.54% of 394 companies
in the Telecommunication Services industry
Industry Median: 0.41 vs XTAE:PTNR: 0.41

Partner Communications Co Equity-to-Asset Historical Data

The historical data trend for Partner Communications Co'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.

Partner Communications Co Equity-to-Asset Chart

Partner Communications Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.34 0.35 0.36 0.41

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
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 0.36 0.36 0.39 0.40 0.41

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

For the Telecom Services subindustry, Partner Communications Co'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.


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

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

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



Partner Communications Co 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.

Partner Communications Co's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=1960/4831
=0.41

Partner Communications Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=1960/4831
=0.41

* 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.


Partner Communications Co  (XTAE:PTNR) 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%.


Partner Communications Co Equity-to-Asset Related Terms

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


Partner Communications Co (XTAE:PTNR) Business Description

Traded in Other Exchanges
Address
8 Amal Street, Afek Industrial Park, Rosh Ha'ayin, ISR, 48103
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

No Headlines