Telstra Group Balance Sheet Health
Financial Health criteria checks 3/6
Telstra Group has a total shareholder equity of A$17.7B and total debt of A$12.9B, which brings its debt-to-equity ratio to 73%. Its total assets and total liabilities are A$45.5B and A$27.8B respectively. Telstra Group's EBIT is A$3.6B making its interest coverage ratio 6.1. It has cash and short-term investments of A$1.0B.
Key information
73.0%
Debt to equity ratio
AU$12.94b
Debt
Interest coverage ratio | 6.1x |
Cash | AU$1.02b |
Equity | AU$17.72b |
Total liabilities | AU$27.82b |
Total assets | AU$45.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TTRA.F's short term assets (A$6.6B) do not cover its short term liabilities (A$10.0B).
Long Term Liabilities: TTRA.F's short term assets (A$6.6B) do not cover its long term liabilities (A$17.9B).
Debt to Equity History and Analysis
Debt Level: TTRA.F's net debt to equity ratio (67.3%) is considered high.
Reducing Debt: TTRA.F's debt to equity ratio has reduced from 128.2% to 73% over the past 5 years.
Debt Coverage: TTRA.F's debt is well covered by operating cash flow (53.9%).
Interest Coverage: TTRA.F's interest payments on its debt are well covered by EBIT (6.1x coverage).