British American Tobacco Balance Sheet Health
Financial Health criteria checks 2/6
British American Tobacco has a total shareholder equity of £52.9B and total debt of £39.4B, which brings its debt-to-equity ratio to 74.5%. Its total assets and total liabilities are £118.7B and £65.8B respectively. British American Tobacco's EBIT is £12.6B making its interest coverage ratio 7.6. It has cash and short-term investments of £5.3B.
Key information
74.5%
Debt to equity ratio
UK£39.42b
Debt
Interest coverage ratio | 7.6x |
Cash | UK£5.26b |
Equity | UK£52.93b |
Total liabilities | UK£65.78b |
Total assets | UK£118.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BMT's short term assets (£14.2B) do not cover its short term liabilities (£15.7B).
Long Term Liabilities: BMT's short term assets (£14.2B) do not cover its long term liabilities (£50.1B).
Debt to Equity History and Analysis
Debt Level: BMT's net debt to equity ratio (64.5%) is considered high.
Reducing Debt: BMT's debt to equity ratio has increased from 72.3% to 74.5% over the past 5 years.
Debt Coverage: BMT's debt is well covered by operating cash flow (27.2%).
Interest Coverage: BMT's interest payments on its debt are well covered by EBIT (7.6x coverage).