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 04Financial 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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 23:13 |
| End of Day Share Price | 2025/01/02 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
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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
Rogers Communications Inc. is covered by 39 analysts. 16 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 |
|---|---|
| Amman Saeed | Accountability Research Corporation |
| Mark Rosen | Accountability Research Corporation |
| Phillip Huang | Barclays |