BHP Group Balance Sheet Health
Financial Health criteria checks 5/6
BHP Group has a total shareholder equity of $45.6B and total debt of $20.4B, which brings its debt-to-equity ratio to 44.7%. Its total assets and total liabilities are $100.0B and $54.4B respectively. BHP Group's EBIT is $22.2B making its interest coverage ratio 60. It has cash and short-term investments of $10.6B.
Key information
44.7%
Debt to equity ratio
US$20.37b
Debt
| Interest coverage ratio | 60x |
| Cash | US$10.65b |
| Equity | US$45.59b |
| Total liabilities | US$54.40b |
| Total assets | US$99.99b |
Recent financial health updates
Is BHP Group (ASX:BHP) A Risky Investment?
May 02
BHP Group (ASX:BHP) Has A Pretty Healthy Balance Sheet
Sep 23BHP Group (ASX:BHP) Seems To Use Debt Quite Sensibly
May 23These 4 Measures Indicate That BHP Group (ASX:BHP) Is Using Debt Reasonably Well
Feb 22Recent updates
Is BHP Group (ASX:BHP) A Risky Investment?
May 02A Piece Of The Puzzle Missing From BHP Group Limited's (ASX:BHP) Share Price
Mar 19A Look At The Intrinsic Value Of BHP Group Limited (ASX:BHP)
Dec 12We Think Some Shareholders May Hesitate To Increase BHP Group Limited's (ASX:BHP) CEO Compensation
Oct 25BHP Group (ASX:BHP) Has A Pretty Healthy Balance Sheet
Sep 23BHP Group Limited's (ASX:BHP) Intrinsic Value Is Potentially 29% Above Its Share Price
Aug 20BHP Group (ASX:BHP) Ticks All The Boxes When It Comes To Earnings Growth
Aug 02BHP Group (ASX:BHP) Seems To Use Debt Quite Sensibly
May 23Calculating The Intrinsic Value Of BHP Group Limited (ASX:BHP)
May 03BHP Group (ASX:BHP) Ticks All The Boxes When It Comes To Earnings Growth
Apr 18These 4 Measures Indicate That BHP Group (ASX:BHP) Is Using Debt Reasonably Well
Feb 22Are BHP Group Limited (ASX:BHP) Investors Paying Above The Intrinsic Value?
Jan 22If EPS Growth Is Important To You, BHP Group (ASX:BHP) Presents An Opportunity
Jan 06Financial Position Analysis
Short Term Liabilities: BHP's short term assets ($23.8B) exceed its short term liabilities ($15.2B).
Long Term Liabilities: BHP's short term assets ($23.8B) do not cover its long term liabilities ($39.2B).
Debt to Equity History and Analysis
Debt Level: BHP's net debt to equity ratio (21.3%) is considered satisfactory.
Reducing Debt: BHP's debt to equity ratio has reduced from 47% to 44.7% over the past 5 years.
Debt Coverage: BHP's debt is well covered by operating cash flow (102.2%).
Interest Coverage: BHP's interest payments on its debt are well covered by EBIT (60x coverage).