BT Group Balance Sheet Health
Financial Health criteria checks 3/6
BT Group has a total shareholder equity of £13.6B and total debt of £19.9B, which brings its debt-to-equity ratio to 145.8%. Its total assets and total liabilities are £53.4B and £39.8B respectively. BT Group's EBIT is £3.3B making its interest coverage ratio 3.9. It has cash and short-term investments of £3.8B.
Key information
145.8%
Debt to equity ratio
UK£19.89b
Debt
Interest coverage ratio | 3.9x |
Cash | UK£3.84b |
Equity | UK£13.64b |
Total liabilities | UK£39.76b |
Total assets | UK£53.40b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BTGO.F's short term assets (£9.8B) do not cover its short term liabilities (£10.3B).
Long Term Liabilities: BTGO.F's short term assets (£9.8B) do not cover its long term liabilities (£29.4B).
Debt to Equity History and Analysis
Debt Level: BTGO.F's net debt to equity ratio (117.6%) is considered high.
Reducing Debt: BTGO.F's debt to equity ratio has reduced from 156.2% to 145.8% over the past 5 years.
Debt Coverage: BTGO.F's debt is well covered by operating cash flow (30.9%).
Interest Coverage: BTGO.F's interest payments on its debt are well covered by EBIT (3.9x coverage).