BP Balance Sheet Health
Financial Health criteria checks 4/6
BP has a total shareholder equity of $79.9B and total debt of $57.5B, which brings its debt-to-equity ratio to 71.9%. Its total assets and total liabilities are $269.7B and $189.8B respectively. BP's EBIT is $13.2B making its interest coverage ratio 5.8. It has cash and short-term investments of $34.8B.
Key information
71.9%
Debt to equity ratio
US$57.47b
Debt
| Interest coverage ratio | 5.8x |
| Cash | US$34.76b |
| Equity | US$79.95b |
| Total liabilities | US$189.76b |
| Total assets | US$269.71b |
Recent financial health updates
Recent updates
Here's What To Make Of BP's (LON:BP.) Decelerating Rates Of Return
Dec 19
It's A Story Of Risk Vs Reward With BP p.l.c. (LON:BP.)
Dec 04Is There An Opportunity With BP p.l.c.'s (LON:BP.) 49% Undervaluation?
Nov 19BP (LON:BP.) Is Looking To Continue Growing Its Returns On Capital
Aug 21It's A Story Of Risk Vs Reward With BP p.l.c. (LON:BP.)
Jul 01We Think BP (LON:BP.) Is Taking Some Risk With Its Debt
May 29Some Investors May Be Willing To Look Past BP's (LON:BP.) Soft Earnings
May 14BP p.l.c. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
May 09Is BP p.l.c. (LON:BP.) Trading At A 44% Discount?
Apr 27Investors Will Want BP's (LON:BP.) Growth In ROCE To Persist
Apr 10Financial Position Analysis
Short Term Liabilities: BP.'s short term assets ($93.7B) exceed its short term liabilities ($77.0B).
Long Term Liabilities: BP.'s short term assets ($93.7B) do not cover its long term liabilities ($112.7B).
Debt to Equity History and Analysis
Debt Level: BP.'s net debt to equity ratio (28.4%) is considered satisfactory.
Reducing Debt: BP.'s debt to equity ratio has increased from 65.9% to 71.9% over the past 5 years.
Debt Coverage: BP.'s debt is well covered by operating cash flow (50.9%).
Interest Coverage: BP.'s interest payments on its debt are well covered by EBIT (5.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 06:26 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
BP p.l.c. is covered by 81 analysts. 22 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Alexandre Andlauer | AlphaValue |
| William Selesky | Argus Research Company |
| John Eade | Argus Research Company |