Cameco Balance Sheet Health
Financial Health criteria checks 4/6
Cameco has a total shareholder equity of CA$6.1B and total debt of CA$2.0B, which brings its debt-to-equity ratio to 32.1%. Its total assets and total liabilities are CA$9.9B and CA$3.8B respectively. Cameco's EBIT is CA$245.4M making its interest coverage ratio -4.2. It has cash and short-term investments of CA$566.8M.
Key information
32.1%
Debt to equity ratio
CA$1.96b
Debt
| Interest coverage ratio | -4.2x |
| Cash | CA$566.81m |
| Equity | CA$6.09b |
| Total liabilities | CA$3.84b |
| Total assets | CA$9.93b |
Recent financial health updates
Does Cameco (TSE:CCO) Have A Healthy Balance Sheet?
Mar 24
Cameco (TSE:CCO) Has A Rock Solid Balance Sheet
Dec 11Cameco (TSE:CCO) Seems To Use Debt Rather Sparingly
Sep 06Does Cameco (TSE:CCO) Have A Healthy Balance Sheet?
May 24Here's Why Cameco (TSE:CCO) Can Manage Its Debt Responsibly
Jul 27Does Cameco (TSE:CCO) Have A Healthy Balance Sheet?
Mar 02Recent updates
Cameco Corporation's (TSE:CCO) Popularity With Investors Is Clear
Apr 22Does Cameco (TSE:CCO) Have A Healthy Balance Sheet?
Mar 24Analyst Estimates: Here's What Brokers Think Of Cameco Corporation (TSE:CCO) After Its Annual Report
Feb 10A Look At The Intrinsic Value Of Cameco Corporation (TSE:CCO)
Jan 24Pinning Down Cameco Corporation's (TSE:CCO) P/S Is Difficult Right Now
Dec 27Cameco (TSE:CCO) Has A Rock Solid Balance Sheet
Dec 11Does Cameco (TSE:CCO) Deserve A Spot On Your Watchlist?
Nov 28Calculating The Fair Value Of Cameco Corporation (TSE:CCO)
Sep 21Cameco (TSE:CCO) Seems To Use Debt Rather Sparingly
Sep 06Should You Be Adding Cameco (TSE:CCO) To Your Watchlist Today?
Aug 22Calculating The Fair Value Of Cameco Corporation (TSE:CCO)
Jun 08Does Cameco (TSE:CCO) Have A Healthy Balance Sheet?
May 24Returns On Capital At Cameco (TSE:CCO) Have Stalled
Apr 14Calculating The Fair Value Of Cameco Corporation (TSE:CCO)
Mar 06Is Cameco Corporation (TSE:CCO) Worth CA$32.0 Based On Its Intrinsic Value?
Nov 23Cameco (TSE:CCO) Could Be At Risk Of Shrinking As A Company
Sep 07Here's Why Cameco (TSE:CCO) Can Manage Its Debt Responsibly
Jul 27Cameco Corporation (TSE:CCO) Shares Could Be 31% Below Their Intrinsic Value Estimate
May 29Does Cameco (TSE:CCO) Have A Healthy Balance Sheet?
Mar 02Cameco Corporation (TSE:CCO) Just Reported Annual Earnings: Have Analysts Changed Their Mind On The Stock?
Feb 12Financial Position Analysis
Short Term Liabilities: CCO's short term assets (CA$1.8B) exceed its short term liabilities (CA$1.2B).
Long Term Liabilities: CCO's short term assets (CA$1.8B) do not cover its long term liabilities (CA$2.7B).
Debt to Equity History and Analysis
Debt Level: CCO's net debt to equity ratio (22.8%) is considered satisfactory.
Reducing Debt: CCO's debt to equity ratio has increased from 30% to 32.1% over the past 5 years.
Debt Coverage: CCO's debt is well covered by operating cash flow (35.2%).
Interest Coverage: CCO earns more interest than it pays, so coverage of interest payments is not a concern.