BHP Group Balance Sheet Health
Financial Health criteria checks 5/6
BHP Group has a total shareholder equity of $49.1B and total debt of $19.1B, which brings its debt-to-equity ratio to 38.9%. Its total assets and total liabilities are $102.4B and $53.2B respectively. BHP Group's EBIT is $22.8B making its interest coverage ratio 55.8. It has cash and short-term investments of $12.5B.
Key information
38.9%
Debt to equity ratio
US$19.12b
Debt
| Interest coverage ratio | 55.8x |
| Cash | US$12.53b |
| Equity | US$49.12b |
| Total liabilities | US$53.24b |
| Total assets | US$102.36b |
Recent financial health updates
No updates
Recent updates
BHP Group: Dividend Play With Long-Term Upside
Oct 24BHP: Dealing With Subdued Iron Ore Price And Higher Costs
Jul 14BHP Group Walked Away From Anglo Deal
May 31BHP: Tremendous Value If They Get Anglo American At Current Offer Price
May 20BHP: 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 20Financial Position Analysis
Short Term Liabilities: BHP's short term assets ($24.3B) exceed its short term liabilities ($14.3B).
Long Term Liabilities: BHP's short term assets ($24.3B) do not cover its long term liabilities ($38.9B).
Debt to Equity History and Analysis
Debt Level: BHP's net debt to equity ratio (13.4%) is considered satisfactory.
Reducing Debt: BHP's debt to equity ratio has reduced from 48.4% to 38.9% over the past 5 years.
Debt Coverage: BHP's debt is well covered by operating cash flow (108.1%).
Interest Coverage: BHP's interest payments on its debt are well covered by EBIT (55.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:49 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
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
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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
BHP Group Limited is covered by 68 analysts. 17 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 |
|---|---|
| Varun Sikka | AlphaValue |
| David Coleman | Argus Research Company |
| Ayan Ghosh | Avior Capital Markets |