BCE Balance Sheet Health
Financial Health criteria checks 1/6
BCE has a total shareholder equity of CA$18.0B and total debt of CA$40.1B, which brings its debt-to-equity ratio to 222.9%. Its total assets and total liabilities are CA$72.7B and CA$54.7B respectively. BCE's EBIT is CA$5.6B making its interest coverage ratio 3.6. It has cash and short-term investments of CA$2.6B.
Key information
222.9%
Debt to equity ratio
CA$40.08b
Debt
| Interest coverage ratio | 3.6x |
| Cash | CA$2.61b |
| Equity | CA$17.98b |
| Total liabilities | CA$54.74b |
| Total assets | CA$72.72b |
Recent financial health updates
No updates
Recent updates
BCE: Don't Get Caught By The Double-Digit Yield
Nov 15BCE: $3.5 Billion MLSE Sale And Lower Rates Are Catalysts For Rebound
Oct 14BCE Is Dead To Me - August Dividend Income Report
Sep 20BCE's 8.3% Yield: A Telecom Giant Ready For A Comeback
Sep 09BCE: Downgrade On Deteriorating Economy
Jul 07BCE: The Canadian Bell Rings With 8.9% Dividend Yield + 3 High Yield Telecommunication Stocks - ATT, Verizon, And Vodafone
Jun 17BCE: Why I Added This 9% Yield To My Portfolio
Apr 22BCE Inc.: Is This Succulent 7.9% Dividend Safe?
Mar 12BCE Inc. Is A Great Bargain Back At 7.6% Yield
Feb 10BCE: Attractive Valuation Relative To TELUS And Rogers
Jan 22BCE: A Deep Value Play With An Above 7% Dividend Yield
Nov 20BCE: A Smart 7.5% Yield With 25% Upside Potential
Oct 16BCE: For Whom The 7% Bell Tolls
Aug 10Financial Position Analysis
Short Term Liabilities: BCE's short term assets (CA$8.8B) do not cover its short term liabilities (CA$14.1B).
Long Term Liabilities: BCE's short term assets (CA$8.8B) do not cover its long term liabilities (CA$40.6B).
Debt to Equity History and Analysis
Debt Level: BCE's net debt to equity ratio (208.4%) is considered high.
Reducing Debt: BCE's debt to equity ratio has increased from 127.8% to 222.9% over the past 5 years.
Debt Coverage: BCE's debt is not well covered by operating cash flow (18.7%).
Interest Coverage: BCE's interest payments on its debt are well covered by EBIT (3.6x coverage).