Cameco Balance Sheet Health
Financial Health criteria checks 4/6
Cameco has a total shareholder equity of CA$6.2B and total debt of CA$1.4B, which brings its debt-to-equity ratio to 22.9%. Its total assets and total liabilities are CA$9.3B and CA$3.1B respectively. Cameco's EBIT is CA$307.7M making its interest coverage ratio 5.6. It has cash and short-term investments of CA$197.1M.
Key information
22.9%
Debt to equity ratio
CA$1.42b
Debt
| Interest coverage ratio | 5.6x |
| Cash | CA$197.14m |
| Equity | CA$6.21b |
| Total liabilities | CA$3.08b |
| Total assets | CA$9.29b |
Recent financial health updates
We Think Cameco (TSE:CCO) Can Manage Its Debt With Ease
Aug 23
Does Cameco (TSE:CCO) Have A Healthy Balance Sheet?
Mar 24Recent updates
Is Cameco Corporation (TSE:CCO) Worth CA$73.3 Based On Its Intrinsic Value?
Nov 04Here's Why We Think Cameco (TSE:CCO) Is Well Worth Watching
Oct 21Cameco Corporation (TSE:CCO) Stocks Shoot Up 40% But Its P/S Still Looks Reasonable
Oct 06We Think Cameco (TSE:CCO) Can Manage Its Debt With Ease
Aug 23Cameco Corporation's (TSE:CCO) Share Price Is Still Matching Investor Opinion Despite 26% Slump
Aug 10Does Cameco (TSE:CCO) Deserve A Spot On Your Watchlist?
Jul 11Estimating The Intrinsic Value Of Cameco Corporation (TSE:CCO)
May 06Cameco 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 27Financial Position Analysis
Short Term Liabilities: CCO's short term assets (CA$1.5B) exceed its short term liabilities (CA$527.9M).
Long Term Liabilities: CCO's short term assets (CA$1.5B) do not cover its long term liabilities (CA$2.5B).
Debt to Equity History and Analysis
Debt Level: CCO's net debt to equity ratio (19.7%) is considered satisfactory.
Reducing Debt: CCO's debt to equity ratio has increased from 20.3% to 22.9% over the past 5 years.
Debt Coverage: CCO's debt is well covered by operating cash flow (40.6%).
Interest Coverage: CCO's interest payments on its debt are well covered by EBIT (5.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 04:27 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Cameco Corporation is covered by 38 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Harriet Li | Accountability Research Corporation |
| Andrey Lobazov | Aton LLC |
| Alexander Robert Pearce | BMO Capital Markets Equity Research |