BAE Systems Balance Sheet Health
Financial Health criteria checks 6/6
BAE Systems has a total shareholder equity of £10.7B and total debt of £5.3B, which brings its debt-to-equity ratio to 49.2%. Its total assets and total liabilities are £32.1B and £21.3B respectively. BAE Systems's EBIT is £2.4B making its interest coverage ratio 11.4. It has cash and short-term investments of £4.1B.
Key information
49.2%
Debt to equity ratio
UK£5.28b
Debt
| Interest coverage ratio | 11.4x |
| Cash | UK£4.11b |
| Equity | UK£10.72b |
| Total liabilities | UK£21.34b |
| Total assets | UK£32.06b |
Recent financial health updates
Here's Why BAE Systems (LON:BA.) Can Manage Its Debt Responsibly
Mar 25
Is BAE Systems (LON:BA.) A Risky Investment?
Dec 07These 4 Measures Indicate That BAE Systems (LON:BA.) Is Using Debt Reasonably Well
May 17Does BAE Systems (LON:BA.) Have A Healthy Balance Sheet?
Nov 25Recent updates
Calculating The Fair Value Of BAE Systems plc (LON:BA.)
Jun 27There's Reason For Concern Over BAE Systems plc's (LON:BA.) Price
May 04BAE Systems' (LON:BA.) Dividend Will Be Increased To £0.185
Apr 16BAE Systems (LON:BA.) Is Paying Out A Larger Dividend Than Last Year
Apr 02Here's Why BAE Systems (LON:BA.) Can Manage Its Debt Responsibly
Mar 25BAE Systems (LON:BA.) Is Increasing Its Dividend To £0.185
Mar 09BAE Systems (LON:BA.) Is Increasing Its Dividend To £0.185
Feb 24Calculating The Fair Value Of BAE Systems plc (LON:BA.)
Jan 16BAE Systems plc's (LON:BA.) Business Is Yet to Catch Up With Its Share Price
Dec 25Is BAE Systems (LON:BA.) A Risky Investment?
Dec 07Do BAE Systems' (LON:BA.) Earnings Warrant Your Attention?
Nov 01BAE Systems (LON:BA.) Will Pay A Larger Dividend Than Last Year At £0.115
Oct 10BAE Systems (LON:BA.) Has Announced That It Will Be Increasing Its Dividend To £0.115
Sep 16BAE Systems (LON:BA.) Is Paying Out A Larger Dividend Than Last Year
Sep 02BAE Systems (LON:BA.) Is Paying Out A Larger Dividend Than Last Year
Aug 19BAE Systems' (LON:BA.) Upcoming Dividend Will Be Larger Than Last Year's
Aug 05A Look At The Intrinsic Value Of BAE Systems plc (LON:BA.)
Jun 08These 4 Measures Indicate That BAE Systems (LON:BA.) Is Using Debt Reasonably Well
May 17BAE Systems (LON:BA.) Will Pay A Larger Dividend Than Last Year At £0.166
Apr 05BAE Systems (LON:BA.) Has Some Way To Go To Become A Multi-Bagger
Mar 16BAE Systems (LON:BA.) Is Increasing Its Dividend To £0.166
Feb 26Is BAE Systems plc (LON:BA.) Trading At A 25% Discount?
Feb 25Does BAE Systems (LON:BA.) Have A Healthy Balance Sheet?
Nov 25A Look At The Intrinsic Value Of BAE Systems plc (LON:BA.)
Nov 03BAE Systems' (LON:BA.) Upcoming Dividend Will Be Larger Than Last Year's
Oct 13BAE Systems' (LON:BA.) Upcoming Dividend Will Be Larger Than Last Year's
Sep 18BAE Systems' (LON:BA.) Upcoming Dividend Will Be Larger Than Last Year's
Sep 01Financial Position Analysis
Short Term Liabilities: BA.'s short term assets (£11.8B) exceed its short term liabilities (£10.9B).
Long Term Liabilities: BA.'s short term assets (£11.8B) exceed its long term liabilities (£10.4B).
Debt to Equity History and Analysis
Debt Level: BA.'s net debt to equity ratio (10.9%) is considered satisfactory.
Reducing Debt: BA.'s debt to equity ratio has reduced from 76.9% to 49.2% over the past 5 years.
Debt Coverage: BA.'s debt is well covered by operating cash flow (71.2%).
Interest Coverage: BA.'s interest payments on its debt are well covered by EBIT (11.4x coverage).