TELUS Balance Sheet Health
Financial Health criteria checks 1/6
TELUS has a total shareholder equity of CA$17.8B and total debt of CA$27.2B, which brings its debt-to-equity ratio to 152.4%. Its total assets and total liabilities are CA$55.8B and CA$38.0B respectively. TELUS's EBIT is CA$3.0B making its interest coverage ratio 3.2. It has cash and short-term investments of CA$877.0M.
Key information
152.4%
Debt to equity ratio
CA$27.18b
Debt
| Interest coverage ratio | 3.2x |
| Cash | CA$877.00m |
| Equity | CA$17.83b |
| Total liabilities | CA$37.96b |
| Total assets | CA$55.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TU N's short term assets (CA$6.1B) do not cover its short term liabilities (CA$8.1B).
Long Term Liabilities: TU N's short term assets (CA$6.1B) do not cover its long term liabilities (CA$29.9B).
Debt to Equity History and Analysis
Debt Level: TU N's net debt to equity ratio (147.5%) is considered high.
Reducing Debt: TU N's debt to equity ratio has increased from 147.8% to 152.4% over the past 5 years.
Debt Coverage: TU N's debt is not well covered by operating cash flow (16.3%).
Interest Coverage: TU N's interest payments on its debt are well covered by EBIT (3.2x coverage).