Telstra Group Balance Sheet Health
Financial Health criteria checks 3/6
Telstra Group has a total shareholder equity of A$17.4B and total debt of A$13.5B, which brings its debt-to-equity ratio to 77.5%. Its total assets and total liabilities are A$45.6B and A$28.2B respectively. Telstra Group's EBIT is A$3.7B making its interest coverage ratio 6.4. It has cash and short-term investments of A$1.1B.
Key information
77.5%
Debt to equity ratio
AU$13.45b
Debt
| Interest coverage ratio | 6.4x |
| Cash | AU$1.07b |
| Equity | AU$17.35b |
| Total liabilities | AU$28.20b |
| Total assets | AU$45.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5KBA's short term assets (A$6.1B) do not cover its short term liabilities (A$11.5B).
Long Term Liabilities: 5KBA's short term assets (A$6.1B) do not cover its long term liabilities (A$16.7B).
Debt to Equity History and Analysis
Debt Level: 5KBA's net debt to equity ratio (71.3%) is considered high.
Reducing Debt: 5KBA's debt to equity ratio has reduced from 119.1% to 77.5% over the past 5 years.
Debt Coverage: 5KBA's debt is well covered by operating cash flow (52.4%).
Interest Coverage: 5KBA's interest payments on its debt are well covered by EBIT (6.4x coverage).