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Bezeq The Israeli Telecommunication (Bezeq The Israeli Telecommunication) Interest Coverage

: 5.78 (As of Dec. 2023)
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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 by its Interest Expense. Bezeq The Israeli Telecommunication's Operating Income for the three months ended in Dec. 2023 was $117 Mil. Bezeq The Israeli Telecommunication's Interest Expense for the three months ended in Dec. 2023 was $-20 Mil. Bezeq The Israeli Telecommunication's interest coverage for the quarter that ended in Dec. 2023 was 5.78. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Bezeq The Israeli Telecommunication's Interest Coverage or its related term are showing as below:

BZQIY' s Interest Coverage Range Over the Past 10 Years
Min: 4.13   Med: 6.34   Max: 7.3
Current: 6.19


BZQIY's Interest Coverage is ranked better than
58.48% of 289 companies
in the Telecommunication Services industry
Industry Median: 4.65 vs BZQIY: 6.19

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 Coverage Historical Data

The historical data trend for Bezeq The Israeli Telecommunication's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

Bezeq The Israeli Telecommunication Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.67 5.87 6.77 7.12 6.19

Bezeq The Israeli Telecommunication Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Interest Coverage 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 Premium Member Only Premium Member Only Premium Member Only 6.09 6.81 6.71 5.53 5.78

Competitive Comparison

For the Telecom Services subindustry, Bezeq The Israeli Telecommunication's Interest Coverage, along with its competitors' market caps and Interest Coverage 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.


Bezeq The Israeli Telecommunication Interest Coverage Distribution

For the Telecommunication Services industry and Communication Services sector, Bezeq The Israeli Telecommunication's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Bezeq The Israeli Telecommunication's Interest Coverage falls into.



Bezeq The Israeli Telecommunication Interest Coverage Calculation

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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


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 Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Bezeq The Israeli Telecommunication's Interest Expense was $-79 Mil. Its Operating Income was $488 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,976 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*487.933/-78.818
=6.19

Bezeq The Israeli Telecommunication's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Bezeq The Israeli Telecommunication's Interest Expense was $-20 Mil. Its Operating Income was $117 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,976 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*117.304/-20.298
=5.78

* 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.

The higher the ratio, the stronger the company's Financial Strength is.


Bezeq The Israeli Telecommunication  (OTCPK:BZQIY) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Bezeq The Israeli Telecommunication Interest Coverage Related Terms

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Bezeq The Israeli Telecommunication (Bezeq The Israeli Telecommunication) Business Description

Traded in Other Exchanges
Address
132 Menachem Begin Avenue, Azrieli Center, (Triangle Tower), 27th Floor, Tel Aviv, ISR, 61620
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.