BT Group Balance Sheet Health
Financial Health criteria checks 2/6
BT Group has a total shareholder equity of £12.9B and total debt of £18.8B, which brings its debt-to-equity ratio to 145.4%. Its total assets and total liabilities are £51.0B and £38.1B respectively. BT Group's EBIT is £3.1B making its interest coverage ratio 3.5. It has cash and short-term investments of £3.0B.
Key information
145.35%
Debt to equity ratio
UK£18.76b
Debt
| Interest coverage ratio | 3.5x |
| Cash | UK£2.98b |
| Equity | UK£12.91b |
| Total liabilities | UK£38.07b |
| Total assets | UK£50.98b |
Recent financial health updates
Recent updates
BT Group's (LON:BT.A) Upcoming Dividend Will Be Larger Than Last Year's
Jun 12
BT Group's (LON:BT.A) Solid Earnings Have Been Accounted For Conservatively
May 29BT Group (LON:BT.A) Is Increasing Its Dividend To £0.0576
May 25Returns At BT Group (LON:BT.A) Appear To Be Weighed Down
Mar 17Market Participants Recognise BT Group plc's (LON:BT.A) Earnings
Feb 27Here's Why BT Group (LON:BT.A) Is Weighed Down By Its Debt Load
Dec 14BT Group's (LON:BT.A) Dividend Will Be £0.024
Nov 26
Fiber And 5G Expansion To Drive Growth Amidst Global Transformation
Focus on UK fiber expansion and 5G growth is key for revenue and earnings through increased customer acquisition and ARPU growth.BT Group (LON:BT.A) Could Be At Risk Of Shrinking As A Company
Oct 31BT Group plc's (LON:BT.A) Subdued P/E Might Signal An Opportunity
Aug 31BT Group (LON:BT.A) Is Increasing Its Dividend To £0.0569
Jul 25BT Group (LON:BT.A) Is Increasing Its Dividend To £0.0569
Jul 11Financial Position Analysis
Short Term Liabilities: BT.A's short term assets (£8.4B) do not cover its short term liabilities (£10.3B).
Long Term Liabilities: BT.A's short term assets (£8.4B) do not cover its long term liabilities (£27.8B).
Debt to Equity History and Analysis
Debt Level: BT.A's net debt to equity ratio (122.3%) is considered high.
Reducing Debt: BT.A's debt to equity ratio has increased from 131% to 145.4% over the past 5 years.
Debt Coverage: BT.A's debt is well covered by operating cash flow (37.3%).
Interest Coverage: BT.A's interest payments on its debt are well covered by EBIT (3.5x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/06/30 12:55 |
| End of Day Share Price | 2025/06/30 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2025/03/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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.
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 Github.
Analyst Sources
BT Group plc is covered by 50 analysts. 14 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 |
|---|---|
| Jean-Michel Salvador | AlphaValue |
| Andrew Charles Beale | Arete Research Services LLP |
| John Davies | Banco Santander |