BCE Balance Sheet Health
Financial Health criteria checks 1/6
BCE has a total shareholder equity of CA$20.0B and total debt of CA$39.5B, which brings its debt-to-equity ratio to 197.4%. Its total assets and total liabilities are CA$74.2B and CA$54.2B respectively. BCE's EBIT is CA$5.6B making its interest coverage ratio 3.7. It has cash and short-term investments of CA$2.4B.
Key information
197.4%
Debt to equity ratio
CA$39.51b
Debt
| Interest coverage ratio | 3.7x |
| Cash | CA$2.40b |
| Equity | CA$20.01b |
| Total liabilities | CA$54.24b |
| Total assets | CA$74.25b |
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
These 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 15Here's What To Make Of BCE's (TSE:BCE) Decelerating Rates Of Return
Nov 29Financial Position Analysis
Short Term Liabilities: BCE's short term assets (CA$8.6B) do not cover its short term liabilities (CA$13.1B).
Long Term Liabilities: BCE's short term assets (CA$8.6B) do not cover its long term liabilities (CA$41.1B).
Debt to Equity History and Analysis
Debt Level: BCE's net debt to equity ratio (185.4%) is considered high.
Reducing Debt: BCE's debt to equity ratio has increased from 135% to 197.4% over the past 5 years.
Debt Coverage: BCE's debt is not well covered by operating cash flow (19.2%).
Interest Coverage: BCE's interest payments on its debt are well covered by EBIT (3.7x coverage).