BP Balance Sheet Health

Financial Health criteria checks 5/6

BP has a total shareholder equity of $84.9B and total debt of $53.0B, which brings its debt-to-equity ratio to 62.4%. Its total assets and total liabilities are $275.4B and $190.5B respectively. BP's EBIT is $19.8B making its interest coverage ratio 10.9. It has cash and short-term investments of $32.1B.

Key information

62.4%

Debt to equity ratio

US$53.01b

Debt

Interest coverage ratio10.9x
CashUS$32.13b
EquityUS$84.94b
Total liabilitiesUS$190.50b
Total assetsUS$275.44b

Recent financial health updates

Recent updates

Some Investors May Be Willing To Look Past BP's (LON:BP.) Soft Earnings

May 14
Some Investors May Be Willing To Look Past BP's (LON:BP.) Soft Earnings

BP p.l.c. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

May 09
BP p.l.c. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Is BP p.l.c. (LON:BP.) Trading At A 44% Discount?

Apr 27
Is BP p.l.c. (LON:BP.) Trading At A 44% Discount?

Investors Will Want BP's (LON:BP.) Growth In ROCE To Persist

Apr 10
Investors Will Want BP's (LON:BP.) Growth In ROCE To Persist

Earnings Miss: Here's What BP p.l.c. (LON:BP.) Analysts Are Forecasting For This Year

Feb 09
Earnings Miss: Here's What BP p.l.c. (LON:BP.) Analysts Are Forecasting For This Year

Investors Continue Waiting On Sidelines For BP p.l.c. (LON:BP.)

Feb 04
Investors Continue Waiting On Sidelines For BP p.l.c. (LON:BP.)

A Look At The Intrinsic Value Of BP p.l.c. (LON:BP.)

Jan 04
A Look At The Intrinsic Value Of BP p.l.c. (LON:BP.)

Investors Shouldn't Overlook BP's (LON:BP.) Impressive Returns On Capital

Dec 05
Investors Shouldn't Overlook BP's (LON:BP.) Impressive Returns On Capital

Here's Why BP (LON:BP.) Can Manage Its Debt Responsibly

Oct 25
Here's Why BP (LON:BP.) Can Manage Its Debt Responsibly

Financial Position Analysis

Short Term Liabilities: BP.'s short term assets ($101.4B) exceed its short term liabilities ($82.3B).

Long Term Liabilities: BP.'s short term assets ($101.4B) do not cover its long term liabilities ($108.2B).


Debt to Equity History and Analysis

Debt Level: BP.'s net debt to equity ratio (24.6%) is considered satisfactory.

Reducing Debt: BP.'s debt to equity ratio has reduced from 63.9% to 62.4% over the past 5 years.

Debt Coverage: BP.'s debt is well covered by operating cash flow (55.5%).

Interest Coverage: BP.'s interest payments on its debt are well covered by EBIT (10.9x coverage).


Balance Sheet


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