BCE Balance Sheet Health
Financial Health criteria checks 1/6
BCE has a total shareholder equity of CA$18.0B and total debt of CA$40.1B, which brings its debt-to-equity ratio to 222.9%. Its total assets and total liabilities are CA$72.7B and CA$54.7B respectively. BCE's EBIT is CA$5.6B making its interest coverage ratio 3.6. It has cash and short-term investments of CA$2.6B.
Key information
222.9%
Debt to equity ratio
CA$40.08b
Debt
| Interest coverage ratio | 3.6x |
| Cash | CA$2.61b |
| Equity | CA$17.98b |
| Total liabilities | CA$54.74b |
| Total assets | CA$72.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BCE.PRL's short term assets (CA$8.8B) do not cover its short term liabilities (CA$14.1B).
Long Term Liabilities: BCE.PRL's short term assets (CA$8.8B) do not cover its long term liabilities (CA$40.6B).
Debt to Equity History and Analysis
Debt Level: BCE.PRL's net debt to equity ratio (208.4%) is considered high.
Reducing Debt: BCE.PRL's debt to equity ratio has increased from 127.8% to 222.9% over the past 5 years.
Debt Coverage: BCE.PRL's debt is not well covered by operating cash flow (18.7%).
Interest Coverage: BCE.PRL's interest payments on its debt are well covered by EBIT (3.6x coverage).