BT Group (LSE:BT.A) Debt-to-Equity : 1.83 (As of Sep. 2023)

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What is BT Group Debt-to-Equity?

BT Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £2,882 Mil. BT Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £22,062 Mil. BT Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was £13,639 Mil. BT Group's debt to equity for the quarter that ended in Sep. 2023 was 1.83.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for BT Group's Debt-to-Equity or its related term are showing as below:

LSE:BT.A' s Debt-to-Equity Range Over the Past 10 Years
Min: -25.32 Med: 1.71 Max: 14.94
Current: 1.83

During the past 13 years, the highest Debt-to-Equity Ratio of BT Group was 14.94. The lowest was -25.32. And the median was 1.71.

LSE:BT.A's Debt-to-Equity is ranked worse than
79.6% of 348 companies
in the Telecommunication Services industry
Industry Median: 0.66 vs LSE:BT.A: 1.83

BT Group Debt-to-Equity Historical Data

The historical data trend for BT Group's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

BT Group Debt-to-Equity Chart

BT Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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1.66

1.75

1.96

1.44

1.65

BT Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															1.89	1.44	1.51	1.65	1.83

Competitive Comparison of BT Group's Debt-to-Equity

For the Telecom Services subindustry, BT Group's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

BT Group's Debt-to-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, BT Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where BT Group's Debt-to-Equity falls into.

BT Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

BT Group's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(2572	+	21308)	/	14514
	=	1.65

BT Group's Debt to Equity Ratio for the quarter that ended in Sep. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(2882	+	22062)	/	13639
	=	1.83

BT Group (LSE:BT.A) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

BT Group Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of BT Group's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

BT Group (LSE:BT.A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » BT Group PLC (LSE:BT.A) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BTGOF:USA BTl:UK BTQ:Germany

Address

1 Braham Street, London, GBR, E1 8EE

Website

https://www.bt.com

BT Group is the incumbent telecommunications operator in the U.K. It is the owner of Openreach, the largest fixed-line network in the U.K. Openreach operates as a separate entity due to regulatory requirements but is still 100% owned by BT. Since 2020, Openreach has accelerated its fiber investments and expects to have 90% of the U.K. covered with FTTH by 2026. In the consumer division, BT has approximately 30% market share in broadband and mobile services. The enterprise segment serves large corporations while the global services division provides communications consultancy services.

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