BAE Systems Balance Sheet Health
Financial Health criteria checks 6/6
BAE Systems has a total shareholder equity of £10.7B and total debt of £5.3B, which brings its debt-to-equity ratio to 49.2%. Its total assets and total liabilities are £32.1B and £21.3B respectively. BAE Systems's EBIT is £2.4B making its interest coverage ratio 11.4. It has cash and short-term investments of £4.1B.
Key information
49.2%
Debt to equity ratio
UK£5.28b
Debt
Interest coverage ratio | 11.4x |
Cash | UK£4.11b |
Equity | UK£10.72b |
Total liabilities | UK£21.34b |
Total assets | UK£32.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BAES.Y's short term assets (£11.8B) exceed its short term liabilities (£10.9B).
Long Term Liabilities: BAES.Y's short term assets (£11.8B) exceed its long term liabilities (£10.4B).
Debt to Equity History and Analysis
Debt Level: BAES.Y's net debt to equity ratio (10.9%) is considered satisfactory.
Reducing Debt: BAES.Y's debt to equity ratio has reduced from 76.9% to 49.2% over the past 5 years.
Debt Coverage: BAES.Y's debt is well covered by operating cash flow (71.2%).
Interest Coverage: BAES.Y's interest payments on its debt are well covered by EBIT (11.4x coverage).