TELUS Balance Sheet Health
Financial Health criteria checks 0/6
TELUS has a total shareholder equity of CA$17.3B and total debt of CA$25.0B, which brings its debt-to-equity ratio to 144.8%. Its total assets and total liabilities are CA$56.1B and CA$38.8B respectively. TELUS's EBIT is CA$3.0B making its interest coverage ratio 2.4. It has cash and short-term investments of CA$882.0M.
Key information
144.8%
Debt to equity ratio
CA$25.05b
Debt
Interest coverage ratio | 2.4x |
Cash | CA$882.00m |
Equity | CA$17.30b |
Total liabilities | CA$38.83b |
Total assets | CA$56.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BCZ's short term assets (CA$6.3B) do not cover its short term liabilities (CA$9.5B).
Long Term Liabilities: BCZ's short term assets (CA$6.3B) do not cover its long term liabilities (CA$29.4B).
Debt to Equity History and Analysis
Debt Level: BCZ's net debt to equity ratio (139.7%) is considered high.
Reducing Debt: BCZ's debt to equity ratio has increased from 136.5% to 144.8% over the past 5 years.
Debt Coverage: BCZ's debt is not well covered by operating cash flow (18%).
Interest Coverage: BCZ's interest payments on its debt are not well covered by EBIT (2.4x coverage).