BCE Balance Sheet Health
Financial Health criteria checks 2/6
BCE has a total shareholder equity of CA$22.3B and total debt of CA$33.8B, which brings its debt-to-equity ratio to 151.8%. Its total assets and total liabilities are CA$70.0B and CA$47.7B respectively. BCE's EBIT is CA$5.4B making its interest coverage ratio 4.4. It has cash and short-term investments of CA$741.0M.
Key information
151.8%
Debt to equity ratio
CA$33.80b
Debt
Interest coverage ratio | 4.4x |
Cash | CA$741.00m |
Equity | CA$22.27b |
Total liabilities | CA$47.71b |
Total assets | CA$69.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BCEX.F's short term assets (CA$7.2B) do not cover its short term liabilities (CA$12.7B).
Long Term Liabilities: BCEX.F's short term assets (CA$7.2B) do not cover its long term liabilities (CA$35.0B).
Debt to Equity History and Analysis
Debt Level: BCEX.F's net debt to equity ratio (148.5%) is considered high.
Reducing Debt: BCEX.F's debt to equity ratio has increased from 122.5% to 151.8% over the past 5 years.
Debt Coverage: BCEX.F's debt is well covered by operating cash flow (23.4%).
Interest Coverage: BCEX.F's interest payments on its debt are well covered by EBIT (4.4x coverage).