BCE Balance Sheet Health
Financial Health criteria checks 2/6
BCE has a total shareholder equity of CA$20.4B and total debt of CA$37.7B, which brings its debt-to-equity ratio to 184.9%. Its total assets and total liabilities are CA$72.6B and CA$52.2B respectively. BCE's EBIT is CA$5.4B making its interest coverage ratio 3.6. It has cash and short-term investments of CA$1.7B.
Key information
184.9%
Debt to equity ratio
CA$37.67b
Debt
Interest coverage ratio | 3.6x |
Cash | CA$1.66b |
Equity | CA$20.37b |
Total liabilities | CA$52.20b |
Total assets | CA$72.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BCE.PRM's short term assets (CA$7.9B) do not cover its short term liabilities (CA$13.0B).
Long Term Liabilities: BCE.PRM's short term assets (CA$7.9B) do not cover its long term liabilities (CA$39.2B).
Debt to Equity History and Analysis
Debt Level: BCE.PRM's net debt to equity ratio (176.8%) is considered high.
Reducing Debt: BCE.PRM's debt to equity ratio has increased from 133.9% to 184.9% over the past 5 years.
Debt Coverage: BCE.PRM's debt is well covered by operating cash flow (20.8%).
Interest Coverage: BCE.PRM's interest payments on its debt are well covered by EBIT (3.6x coverage).