BCE Balance Sheet Health
Financial Health criteria checks 2/6
BCE has a total shareholder equity of CA$20.6B and total debt of CA$31.3B, which brings its debt-to-equity ratio to 152.4%. Its total assets and total liabilities are CA$71.9B and CA$51.4B respectively. BCE's EBIT is CA$5.6B making its interest coverage ratio 4. It has cash and short-term investments of CA$1.8B.
Key information
152.4%
Debt to equity ratio
CA$31.32b
Debt
| Interest coverage ratio | 4x |
| Cash | CA$1.77b |
| Equity | CA$20.56b |
| Total liabilities | CA$51.38b |
| Total assets | CA$71.94b |
Recent financial health updates
No updates
Recent updates
BCE: 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 10BCE: The 6.4% Yield Is A Gift For Income Investors
Jul 21BCE Offers Value And 6%+ Yield
Feb 13Financial Position Analysis
Short Term Liabilities: BCE's short term assets (CA$7.9B) do not cover its short term liabilities (CA$12.1B).
Long Term Liabilities: BCE's short term assets (CA$7.9B) do not cover its long term liabilities (CA$39.3B).
Debt to Equity History and Analysis
Debt Level: BCE's net debt to equity ratio (143.7%) is considered high.
Reducing Debt: BCE's debt to equity ratio has increased from 107.8% to 152.4% over the past 5 years.
Debt Coverage: BCE's debt is well covered by operating cash flow (25.4%).
Interest Coverage: BCE's interest payments on its debt are well covered by EBIT (4x coverage).