Cameco Balance Sheet Health
Financial Health criteria checks 5/6
Cameco has a total shareholder equity of CA$6.2B and total debt of CA$1.6B, which brings its debt-to-equity ratio to 25.2%. Its total assets and total liabilities are CA$9.4B and CA$3.2B respectively. Cameco's EBIT is CA$343.4M making its interest coverage ratio 18.8. It has cash and short-term investments of CA$361.6M.
Key information
25.2%
Debt to equity ratio
CA$1.56b
Debt
| Interest coverage ratio | 18.8x |
| Cash | CA$361.62m |
| Equity | CA$6.19b |
| Total liabilities | CA$3.19b |
| Total assets | CA$9.38b |
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 24Cameco (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 24Recent updates
We 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 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 23Financial Position Analysis
Short Term Liabilities: CCO's short term assets (CA$1.5B) exceed its short term liabilities (CA$481.2M).
Long Term Liabilities: CCO's short term assets (CA$1.5B) 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 (19.4%) is considered satisfactory.
Reducing Debt: CCO's debt to equity ratio has reduced from 30.3% to 25.2% over the past 5 years.
Debt Coverage: CCO's debt is well covered by operating cash flow (45.4%).
Interest Coverage: CCO's interest payments on its debt are well covered by EBIT (18.8x coverage).