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
Is There An Opportunity With BP p.l.c.'s (LON:BP.) 49% Undervaluation?
Nov 19
BP (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 10Earnings Miss: Here's What BP p.l.c. (LON:BP.) Analysts Are Forecasting For This Year
Feb 09Financial 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).