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
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0R35's short term assets (CA$1.8B) exceed its short term liabilities (CA$1.2B).
Long Term Liabilities: 0R35'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: 0R35's net debt to equity ratio (22.8%) is considered satisfactory.
Reducing Debt: 0R35's debt to equity ratio has increased from 30% to 32.1% over the past 5 years.
Debt Coverage: 0R35's debt is well covered by operating cash flow (35.2%).
Interest Coverage: 0R35 earns more interest than it pays, so coverage of interest payments is not a concern.