British American Tobacco Balance Sheet Health
Financial Health criteria checks 2/6
British American Tobacco has a total shareholder equity of £52.9B and total debt of £39.4B, which brings its debt-to-equity ratio to 74.5%. Its total assets and total liabilities are £118.7B and £65.8B respectively. British American Tobacco's EBIT is £12.6B making its interest coverage ratio 7.6. It has cash and short-term investments of £5.3B.
Key information
74.5%
Debt to equity ratio
UK£39.42b
Debt
| Interest coverage ratio | 7.6x |
| Cash | UK£5.26b |
| Equity | UK£52.93b |
| Total liabilities | UK£65.78b |
| Total assets | UK£118.72b |
Recent financial health updates
Is British American Tobacco (LON:BATS) Using Debt In A Risky Way?
Feb 09
These 4 Measures Indicate That British American Tobacco (LON:BATS) Is Using Debt Reasonably Well
Sep 12Is British American Tobacco (LON:BATS) Using Too Much Debt?
Apr 04Is British American Tobacco (LON:BATS) Using Too Much Debt?
Nov 20Here's Why British American Tobacco (LON:BATS) Has A Meaningful Debt Burden
Aug 14Recent updates
British American Tobacco (LON:BATS) Is Looking To Continue Growing Its Returns On Capital
Mar 05British American Tobacco (LON:BATS) Is Paying Out A Larger Dividend Than Last Year
Feb 13Is British American Tobacco (LON:BATS) Using Debt In A Risky Way?
Feb 09The Return Trends At British American Tobacco (LON:BATS) Look Promising
Nov 06These 4 Measures Indicate That British American Tobacco (LON:BATS) Is Using Debt Reasonably Well
Sep 12Returns On Capital Are Showing Encouraging Signs At British American Tobacco (LON:BATS)
Jul 27British American Tobacco's (LON:BATS) Dividend Will Be Increased To £0.5772
Jul 03British American Tobacco (LON:BATS) Is Increasing Its Dividend To £0.5772
Jun 10British American Tobacco (LON:BATS) Will Pay A Larger Dividend Than Last Year At £0.5772
May 22British American Tobacco's (LON:BATS) Dividend Will Be Increased To £0.5772
May 08Is British American Tobacco (LON:BATS) Using Too Much Debt?
Apr 04British American Tobacco (LON:BATS) Will Pay A Larger Dividend Than Last Year At £0.5772
Feb 12British American Tobacco (LON:BATS) May Have Issues Allocating Its Capital
Feb 07Beyond Meat, Tesla and British American Tobacco: Our lukewarm take on recent earnings and news
Dec 08
British American Tobacco (LON:BATS) Is Paying Out A Dividend Of £0.5445
Dec 08Is British American Tobacco (LON:BATS) Using Too Much Debt?
Nov 20Some Investors May Be Worried About British American Tobacco's (LON:BATS) Returns On Capital
Oct 05British American Tobacco's (LON:BATS) Dividend Will Be £0.5445
Sep 20British American Tobacco (LON:BATS) Is Paying Out A Dividend Of £0.5445
Aug 25Here's Why British American Tobacco (LON:BATS) Has A Meaningful Debt Burden
Aug 14Analysts Are Updating Their British American Tobacco p.l.c. (LON:BATS) Estimates After Its Half-Year Results
Jul 29Financial Position Analysis
Short Term Liabilities: BATS's short term assets (£14.2B) do not cover its short term liabilities (£15.7B).
Long Term Liabilities: BATS's short term assets (£14.2B) do not cover its long term liabilities (£50.1B).
Debt to Equity History and Analysis
Debt Level: BATS's net debt to equity ratio (64.5%) is considered high.
Reducing Debt: BATS's debt to equity ratio has increased from 72.3% to 74.5% over the past 5 years.
Debt Coverage: BATS's debt is well covered by operating cash flow (27.2%).
Interest Coverage: BATS's interest payments on its debt are well covered by EBIT (7.6x coverage).