Rogers Communications Balance Sheet Health
Financial Health criteria checks 0/6
Rogers Communications has a total shareholder equity of CA$11.3B and total debt of CA$43.2B, which brings its debt-to-equity ratio to 383.3%. Its total assets and total liabilities are CA$69.8B and CA$58.5B respectively. Rogers Communications's EBIT is CA$4.8B making its interest coverage ratio 2.3. It has cash and short-term investments of CA$879.0M.
Key information
383.3%
Debt to equity ratio
CA$43.19b
Debt
| Interest coverage ratio | 2.3x |
| Cash | CA$879.00m |
| Equity | CA$11.27b |
| Total liabilities | CA$58.50b |
| Total assets | CA$69.76b |
Recent financial health updates
No updates
Recent updates
Rogers Communications Continues To Execute
Sep 27Rogers Communications: Improving Outlook And Progress On Shaw Integration (Upgrade)
Jul 03Rogers Communications Q1 Earnings: Nothing But Good News
Apr 27Rogers Communications: The Worst Of The Canadian Telecommunications Giants
Jan 18Rogers Communications: Growth In ARPU And Lower Debt Leverage Ratio Encouraging
Nov 27Hidden Assets And Improved Cash Flow Make Rogers Communications A Buy
Oct 11Rogers Communications: LTV Growth And Earnings Performance Encouraging
Jul 31Rogers Communications: Everyone Keeps Ignoring Good News
May 26Rogers Q4 2022 Earnings Preview
Feb 01Rogers, Shaw rise 3% as court rules in favor of merger
Jan 24Canada appeals court sets Jan. 24 for hearing on Rogers-Shaw deal
Jan 03Rogers Q3 2022 Earnings Preview
Nov 08Rogers, Shaw plan Competition Bureau mediation over merger
Oct 17Rogers Communications' banking unit launches credit card
Oct 04Rogers plans C$10B investment in AI, testing
Jul 25Financial Position Analysis
Short Term Liabilities: RCI's short term assets (CA$7.4B) do not cover its short term liabilities (CA$10.8B).
Long Term Liabilities: RCI's short term assets (CA$7.4B) do not cover its long term liabilities (CA$47.7B).
Debt to Equity History and Analysis
Debt Level: RCI's net debt to equity ratio (375.5%) is considered high.
Reducing Debt: RCI's debt to equity ratio has increased from 186.5% to 383.3% over the past 5 years.
Debt Coverage: RCI's debt is not well covered by operating cash flow (13.7%).
Interest Coverage: RCI's interest payments on its debt are not well covered by EBIT (2.3x coverage).