BCE Balance Sheet Health
Financial Health criteria checks 2/6
BCE has a total shareholder equity of CA$20.6B and total debt of CA$31.3B, which brings its debt-to-equity ratio to 152.4%. Its total assets and total liabilities are CA$71.9B and CA$51.4B respectively. BCE's EBIT is CA$5.6B making its interest coverage ratio 4. It has cash and short-term investments of CA$1.8B.
Key information
152.4%
Debt to equity ratio
CA$31.32b
Debt
Interest coverage ratio | 4x |
Cash | CA$1.77b |
Equity | CA$20.56b |
Total liabilities | CA$51.38b |
Total assets | CA$71.94b |
Recent financial health updates
Does BCE (TSE:BCE) Have A Healthy Balance Sheet?
Dec 15Is BCE (TSE:BCE) Using Too Much Debt?
Sep 01BCE (TSE:BCE) Takes On Some Risk With Its Use Of Debt
Apr 14Recent updates
The Price Is Right For BCE Inc. (TSE:BCE)
Dec 30Does BCE (TSE:BCE) Have A Healthy Balance Sheet?
Dec 15Here's What To Make Of BCE's (TSE:BCE) Decelerating Rates Of Return
Nov 29Is BCE (TSE:BCE) Using Too Much Debt?
Sep 01Here's What To Make Of BCE's (TSE:BCE) Decelerating Rates Of Return
Aug 14BCE Inc. (TSE:BCE) Shares Could Be 47% Below Their Intrinsic Value Estimate
Jul 15Investors Met With Slowing Returns on Capital At BCE (TSE:BCE)
May 15BCE (TSE:BCE) Takes On Some Risk With Its Use Of Debt
Apr 14BCE's (TSE:BCE) Dividend Will Be Increased To CA$0.9675
Feb 19BCE (TSE:BCE) Will Pay A Larger Dividend Than Last Year At CA$0.9675
Feb 05Financial Position Analysis
Short Term Liabilities: BCE's short term assets (CA$7.9B) do not cover its short term liabilities (CA$12.1B).
Long Term Liabilities: BCE's short term assets (CA$7.9B) do not cover its long term liabilities (CA$39.3B).
Debt to Equity History and Analysis
Debt Level: BCE's net debt to equity ratio (143.7%) is considered high.
Reducing Debt: BCE's debt to equity ratio has increased from 107.8% to 152.4% over the past 5 years.
Debt Coverage: BCE's debt is well covered by operating cash flow (25.4%).
Interest Coverage: BCE's interest payments on its debt are well covered by EBIT (4x coverage).