Bezeq The Israeli Telecommunication (XTAE:BEZQ) Interest Expense : ₪-335 Mil (TTM As of Sep. 2024)

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What is Bezeq The Israeli Telecommunication Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bezeq The Israeli Telecommunication's interest expense for the three months ended in Sep. 2024 was ₪ -86 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₪-335 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Bezeq The Israeli Telecommunication's Operating Income for the three months ended in Sep. 2024 was ₪ 453 Mil. Bezeq The Israeli Telecommunication's Interest Expense for the three months ended in Sep. 2024 was ₪ -86 Mil. Bezeq The Israeli Telecommunication's Interest Coverage for the quarter that ended in Sep. 2024 was 5.27. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Bezeq The Israeli Telecommunication Interest Expense Historical Data

The historical data trend for Bezeq The Israeli Telecommunication's Interest Expense 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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Bezeq The Israeli Telecommunication Interest Expense Chart

Bezeq The Israeli Telecommunication Annual Data

Trend

Dec14

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Interest Expense

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-378.00

-303.00

-270.00

-254.00

-299.00

Bezeq The Israeli Telecommunication Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial															-77.00	-77.00	-84.00	-88.00	-86.00

Bezeq The Israeli Telecommunication Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₪-335 Mil.

Bezeq The Israeli Telecommunication (XTAE:BEZQ) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Bezeq The Israeli Telecommunication's Interest Expense for the three months ended in Sep. 2024 was ₪-86 Mil. Its Operating Income for the three months ended in Sep. 2024 was ₪453 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ₪8,375 Mil.

Bezeq The Israeli Telecommunication's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2024 )	/	Interest Expense (Q: Sep. 2024 )
	=	-1	*	453	/	-86
	=	5.27

The higher the ratio, the stronger the company's financial strength is.

Bezeq The Israeli Telecommunication Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Bezeq The Israeli Telecommunication Corp Ltd (XTAE:BEZQ) » Definitions » Interest Expense

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BZQIY:USA BZQIF:USA

Address

132 Menachem Begin Avenue, Azrieli Center, (Triangle Tower), 27th Floor, Tel Aviv, ISR, 61620

Website

https://www.bezeq.co.il

Bezeq The Israeli Telecommunication Corp Ltd is a triple-play telecommunications company. The company generates revenue through the provision of mobile, broadband, and data. It operates through four business segments: Bezeq, Pelephone, Bezeq International, and DBS Satellite Services. The Bezeq segment generates revenue from fixed-line communications and contributes the majority of overall company revenue. Pelephone derives revenue from the provision of mobile services. Bezeq International and DBS Satellite Services produce revenue from the provision of Internet services and satellite TV services, respectively. The company owns telecommunications infrastructure, such as fibre networks. It generates the vast majority of its revenue in Israel.

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