BT Group Balance Sheet Health
Financial Health criteria checks 3/6
BT Group has a total shareholder equity of £12.5B and total debt of £18.9B, which brings its debt-to-equity ratio to 150.9%. Its total assets and total liabilities are £50.9B and £38.3B respectively. BT Group's EBIT is £3.1B making its interest coverage ratio 3.7. It has cash and short-term investments of £2.9B.
Key information
150.9%
Debt to equity ratio
UK£18.90b
Debt
| Interest coverage ratio | 3.7x |
| Cash | UK£2.87b |
| Equity | UK£12.53b |
| Total liabilities | UK£38.33b |
| Total assets | UK£50.85b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BTGO.F's short term assets (£8.2B) do not cover its short term liabilities (£10.0B).
Long Term Liabilities: BTGO.F's short term assets (£8.2B) do not cover its long term liabilities (£28.3B).
Debt to Equity History and Analysis
Debt Level: BTGO.F's net debt to equity ratio (127.9%) is considered high.
Reducing Debt: BTGO.F's debt to equity ratio has reduced from 172.2% to 150.9% over the past 5 years.
Debt Coverage: BTGO.F's debt is well covered by operating cash flow (35.1%).
Interest Coverage: BTGO.F's interest payments on its debt are well covered by EBIT (3.7x coverage).