BHP Group Balance Sheet Health
Financial Health criteria checks 5/6
BHP Group has a total shareholder equity of $45.6B and total debt of $20.4B, which brings its debt-to-equity ratio to 44.7%. Its total assets and total liabilities are $100.0B and $54.4B respectively. BHP Group's EBIT is $22.2B making its interest coverage ratio 60. It has cash and short-term investments of $10.6B.
Key information
44.7%
Debt to equity ratio
US$20.37b
Debt
| Interest coverage ratio | 60x |
| Cash | US$10.65b |
| Equity | US$45.59b |
| Total liabilities | US$54.40b |
| Total assets | US$99.99b |
Recent financial health updates
No updates
Recent updates
BHP: Improvements Visible, But Downside Possible Too
Apr 20BHP Group Should Be Added By Investors Seeking Income And An Attractive Total Return
Apr 01BHP Group: Ready For A Second Wave Of Inflation?
Mar 12BHP Group: Better Commodity Outlook But Still Pricey
Dec 28BHP: Coal Divestments To Continue (Rating Downgrade)
Nov 20BHP Group: Leading Global Miner With Solid Financials For Income-Minded Investors
Nov 10BHP Group And Rio Tinto Group: Let's Build An All-Weather Portfolio
Oct 19BHP: Why Metals And Mining May Be The Best Hedge For Your Oil Stocks
Oct 08BHP Is Between A Rock And A Hard Place
Sep 07BHP: Poor Results, But Further Price Drop Can Make It Attractive
Aug 23BHP: China's Construction Crisis Is Unlikely To End Soon
Aug 03BHP: Future Copper And Nickel Cash Flows Will Support The Dividend Yield
Jul 12BHP: Clouds Gathering But Solid Investment Status Remains
Jun 26BHP Group: Iron, Steel And Copper Stocks Are Dead Money, Right?
Jun 06BHP Group And Rio Tinto: Keep Thinking Like Ray Dalio
May 25BHP Group: China's Recovery Faces A Hawkish Fed (Rating Downgrade)
Feb 21BHP: China Boost And Hefty Income
Feb 04BHP Group: Time To Pause The Optimism - Keep Calm & Continue Dripping
Dec 24BHP, I-Pulse and I-ROX join hands to advance new applications
Dec 12BHP: Focus On The Long Term
Nov 08BHP Group And Rio Tinto: Think Like Ray Dalio
Oct 31BHP Is An Interesting Income Generation Idea
Sep 27Financial Position Analysis
Short Term Liabilities: BHP's short term assets ($23.8B) exceed its short term liabilities ($15.2B).
Long Term Liabilities: BHP's short term assets ($23.8B) do not cover its long term liabilities ($39.2B).
Debt to Equity History and Analysis
Debt Level: BHP's net debt to equity ratio (21.3%) is considered satisfactory.
Reducing Debt: BHP's debt to equity ratio has reduced from 47% to 44.7% over the past 5 years.
Debt Coverage: BHP's debt is well covered by operating cash flow (102.2%).
Interest Coverage: BHP's interest payments on its debt are well covered by EBIT (60x coverage).