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
These 4 Measures Indicate That BCE (TSE:BCE) Is Using Debt Extensively
Aug 20
BCE (TSE:BCE) Takes On Some Risk With Its Use Of Debt
May 09Does BCE (TSE:BCE) Have A Healthy Balance Sheet?
Dec 15Recent updates
BCE's (TSE:BCE) Conservative Accounting Might Explain Soft Earnings
Nov 14These 4 Measures Indicate That BCE (TSE:BCE) Is Using Debt Extensively
Aug 20BCE Inc. Just Missed EPS By 5.7%: Here's What Analysts Think Will Happen Next
Aug 05Investors Interested In BCE Inc.'s (TSE:BCE) Earnings
Jul 27Here's What To Make Of BCE's (TSE:BCE) Decelerating Rates Of Return
Jun 24BCE (TSE:BCE) Takes On Some Risk With Its Use Of Debt
May 09The Price Is Right For BCE Inc. (TSE:BCE)
Dec 30Does BCE (TSE:BCE) Have A Healthy Balance Sheet?
Dec 15Financial Position Analysis
Short Term Liabilities: BCE's short term assets (CA$8.8B) do not cover its short term liabilities (CA$14.1B).
Long Term Liabilities: BCE'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's net debt to equity ratio (208.4%) is considered high.
Reducing Debt: BCE's debt to equity ratio has increased from 127.8% to 222.9% over the past 5 years.
Debt Coverage: BCE's debt is not well covered by operating cash flow (18.7%).
Interest Coverage: BCE's interest payments on its debt are well covered by EBIT (3.6x coverage).