BT Group Balance Sheet Health
Financial Health criteria checks 3/6
BT Group has a total shareholder equity of £15.3B and total debt of £21.9B, which brings its debt-to-equity ratio to 143.5%. Its total assets and total liabilities are £49.8B and £34.5B respectively. BT Group's EBIT is £3.1B making its interest coverage ratio 4.1. It has cash and short-term investments of £3.4B.
Key information
143.5%
Debt to equity ratio
UK£21.95b
Debt
Interest coverage ratio | 4.1x |
Cash | UK£3.39b |
Equity | UK£15.30b |
Total liabilities | UK£34.48b |
Total assets | UK£49.77b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BTQ's short term assets (£8.9B) do not cover its short term liabilities (£9.0B).
Long Term Liabilities: BTQ's short term assets (£8.9B) do not cover its long term liabilities (£25.4B).
Debt to Equity History and Analysis
Debt Level: BTQ's net debt to equity ratio (121.3%) is considered high.
Reducing Debt: BTQ's debt to equity ratio has reduced from 173% to 143.5% over the past 5 years.
Debt Coverage: BTQ's debt is well covered by operating cash flow (26.9%).
Interest Coverage: BTQ's interest payments on its debt are well covered by EBIT (4.1x coverage).