BT Group Balance Sheet Health
Financial Health criteria checks 3/6
BT Group has a total shareholder equity of £12.5B and total debt of £18.9B, which brings its debt-to-equity ratio to 150.9%. Its total assets and total liabilities are £50.9B and £38.3B respectively. BT Group's EBIT is £3.1B making its interest coverage ratio 3.7. It has cash and short-term investments of £2.9B.
Key information
150.9%
Debt to equity ratio
UK£18.90b
Debt
| Interest coverage ratio | 3.7x |
| Cash | UK£2.87b |
| Equity | UK£12.53b |
| Total liabilities | UK£38.33b |
| Total assets | UK£50.85b |
Recent financial health updates
Here's Why BT Group (LON:BT.A) Is Weighed Down By Its Debt Load
Dec 14
BT Group (LON:BT.A) Takes On Some Risk With Its Use Of Debt
Dec 29Recent updates
Here'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 26BT 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 11BT Group (LON:BT.A) Is Increasing Its Dividend To £0.0569
Jun 23Some May Be Optimistic About BT Group's (LON:BT.A) Earnings
Jun 13BT Group (LON:BT.A) Will Pay A Larger Dividend Than Last Year At £0.0569
Jun 09BT Group plc (LON:BT.A) Soars 25% But It's A Story Of Risk Vs Reward
May 21Returns On Capital Signal Tricky Times Ahead For BT Group (LON:BT.A)
Apr 15BT Group plc (LON:BT.A) Shares Could Be 34% Below Their Intrinsic Value Estimate
Feb 06Earnings Working Against BT Group plc's (LON:BT.A) Share Price
Jan 19BT Group (LON:BT.A) Takes On Some Risk With Its Use Of Debt
Dec 29Financial Position Analysis
Short Term Liabilities: BT.A's short term assets (£8.2B) do not cover its short term liabilities (£10.0B).
Long Term Liabilities: BT.A's short term assets (£8.2B) do not cover its long term liabilities (£28.3B).
Debt to Equity History and Analysis
Debt Level: BT.A's net debt to equity ratio (127.9%) is considered high.
Reducing Debt: BT.A's debt to equity ratio has reduced from 172.2% to 150.9% over the past 5 years.
Debt Coverage: BT.A's debt is well covered by operating cash flow (35.1%).
Interest Coverage: BT.A's interest payments on its debt are well covered by EBIT (3.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 18:27 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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 |
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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
BT Group plc is covered by 53 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 |