Rogers Communications Balance Sheet Health
Financial Health criteria checks 0/6
Rogers Communications has a total shareholder equity of CA$10.6B and total debt of CA$43.4B, which brings its debt-to-equity ratio to 409%. Its total assets and total liabilities are CA$69.4B and CA$58.8B respectively. Rogers Communications's EBIT is CA$4.5B making its interest coverage ratio 2.1. It has cash and short-term investments of CA$863.0M.
Key information
409.0%
Debt to equity ratio
CA$43.39b
Debt
Interest coverage ratio | 2.1x |
Cash | CA$863.00m |
Equity | CA$10.61b |
Total liabilities | CA$58.81b |
Total assets | CA$69.42b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: RCI.A's short term assets (CA$7.6B) do not cover its short term liabilities (CA$9.9B).
Long Term Liabilities: RCI.A's short term assets (CA$7.6B) do not cover its long term liabilities (CA$48.9B).
Debt to Equity History and Analysis
Debt Level: RCI.A's net debt to equity ratio (400.8%) is considered high.
Reducing Debt: RCI.A's debt to equity ratio has increased from 198% to 409% over the past 5 years.
Debt Coverage: RCI.A's debt is not well covered by operating cash flow (13.7%).
Interest Coverage: RCI.A's interest payments on its debt are not well covered by EBIT (2.1x coverage).