Partner Communications Co (Partner Communications Co) LT-Debt-to-Total-Asset : 0.31 (As of Dec. 2023)

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What is Partner Communications Co LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Partner Communications Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.31.

Partner Communications Co's long-term debt to total assets ratio declined from Dec. 2022 (0.35) to Dec. 2023 (0.31). It may suggest that Partner Communications Co is progressively becoming less dependent on debt to grow their business.

Partner Communications Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Partner Communications Co's LT-Debt-to-Total-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.

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Partner Communications Co LT-Debt-to-Total-Asset Chart

Partner Communications Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.38

0.37

0.35

0.31

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
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.35	0.34	0.31	0.31	0.31

Partner Communications Co LT-Debt-to-Total-Asset Calculation

Partner Communications Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	385.892	/	1262.184
	=	0.31

Partner Communications Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	385.892	/	1262.184
	=	0.31

Partner Communications Co (OTCPK:PTNRY) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Partner Communications Co LT-Debt-to-Total-Asset Related Terms

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Partner Communications Co (Partner Communications Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Partner Communications Co Ltd (OTCPK:PTNRY) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

PTNR:Israel

Address

8 Amal Street, Afek Industrial Park, Rosh Ha'ayin, ISR, 48103

Website

https://www.partner.co.il

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.