TELUS Balance Sheet Health
Financial Health criteria checks 0/6
TELUS has a total shareholder equity of CA$17.0B and total debt of CA$26.6B, which brings its debt-to-equity ratio to 155.8%. Its total assets and total liabilities are CA$57.3B and CA$40.3B respectively. TELUS's EBIT is CA$3.2B making its interest coverage ratio 2.4. It has cash and short-term investments of CA$930.0M.
Key information
155.8%
Debt to equity ratio
CA$26.56b
Debt
| Interest coverage ratio | 2.4x |
| Cash | CA$930.00m |
| Equity | CA$17.05b |
| Total liabilities | CA$40.27b |
| Total assets | CA$57.31b |
Recent financial health updates
Does TELUS (TSE:T) Have A Healthy Balance Sheet?
Aug 01
TELUS (TSE:T) Takes On Some Risk With Its Use Of Debt
Apr 17Here's Why TELUS (TSE:T) Has A Meaningful Debt Burden
Dec 21We Think TELUS (TSE:T) Is Taking Some Risk With Its Debt
Aug 03Is TELUS (TSE:T) Using Too Much Debt?
Mar 18These 4 Measures Indicate That TELUS (TSE:T) Is Using Debt Extensively
Dec 08Recent updates
TELUS (TSE:T) Could Be Struggling To Allocate Capital
Nov 01The Price Is Right For TELUS Corporation (TSE:T)
Oct 02Does TELUS (TSE:T) Have A Healthy Balance Sheet?
Aug 01TELUS Corporation (TSE:T) Not Lagging Market On Growth Or Pricing
Jul 01TELUS (TSE:T) Could Be Struggling To Allocate Capital
Jun 10TELUS (TSE:T) Takes On Some Risk With Its Use Of Debt
Apr 17Shareholders Should Be Pleased With TELUS Corporation's (TSE:T) Price
Mar 18TELUS' (TSE:T) Soft Earnings Don't Show The Whole Picture
Feb 16Returns On Capital At TELUS (TSE:T) Paint A Concerning Picture
Feb 05Here's Why TELUS (TSE:T) Has A Meaningful Debt Burden
Dec 21TELUS (TSE:T) Will Pay A Larger Dividend Than Last Year At CA$0.3761
Nov 06TELUS (TSE:T) May Have Issues Allocating Its Capital
Nov 03We Think TELUS (TSE:T) Is Taking Some Risk With Its Debt
Aug 03There Are Reasons To Feel Uneasy About TELUS' (TSE:T) Returns On Capital
Jul 19TELUS' (TSE:T) Upcoming Dividend Will Be Larger Than Last Year's
Jun 07Are Investors Undervaluing TELUS Corporation (TSE:T) By 35%?
May 21TELUS (TSE:T) Has Announced That It Will Be Increasing Its Dividend To CA$0.3636
May 07Investors Could Be Concerned With TELUS' (TSE:T) Returns On Capital
Apr 17Is TELUS (TSE:T) Using Too Much Debt?
Mar 18Are Investors Undervaluing TELUS Corporation (TSE:T) By 43%?
Feb 05Returns On Capital At TELUS (TSE:T) Paint A Concerning Picture
Jan 06These 4 Measures Indicate That TELUS (TSE:T) Is Using Debt Extensively
Dec 08TELUS (TSE:T) Is Increasing Its Dividend To CA$0.3511
Nov 23Some Investors May Be Worried About TELUS' (TSE:T) Returns On Capital
Oct 02TELUS (TSE:T) Takes On Some Risk With Its Use Of Debt
Aug 31Financial Position Analysis
Short Term Liabilities: T's short term assets (CA$6.4B) do not cover its short term liabilities (CA$9.7B).
Long Term Liabilities: T's short term assets (CA$6.4B) do not cover its long term liabilities (CA$30.6B).
Debt to Equity History and Analysis
Debt Level: T's net debt to equity ratio (150.4%) is considered high.
Reducing Debt: T's debt to equity ratio has increased from 143.6% to 155.8% over the past 5 years.
Debt Coverage: T's debt is not well covered by operating cash flow (18.7%).
Interest Coverage: T's interest payments on its debt are not well covered by EBIT (2.4x coverage).