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Cameco Debt-to-Equity

: 0.20 (As of Jun. 2022)
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Cameco's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $0 Mil. Cameco's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $778 Mil. Cameco's Total Stockholders Equity for the quarter that ended in Jun. 2022 was $3,859 Mil. Cameco's debt to equity for the quarter that ended in Jun. 2022 was 0.20.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Cameco's Debt-to-Equity or its related term are showing as below:

CCJ' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05   Med: 0.22   Max: 0.46
Current: 0.2

During the past 13 years, the highest Debt-to-Equity Ratio of Cameco was 0.46. The lowest was 0.05. And the median was 0.22.

CCJ's Debt-to-Equity is ranked better than
62.5% of 112 companies
in the Other Energy Sources industry
Industry Median: 0.36 vs CCJ: 0.20

Cameco Debt-to-Equity Historical Data

The historical data trend for Cameco's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cameco Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.31 0.30 0.20 0.20 0.21

Cameco Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Debt-to-Equity Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.20 0.21 0.21 0.20 0.20

Competitive Comparison

For the Uranium subindustry, Cameco's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

Cameco Debt-to-Equity Distribution

For the Other Energy Sources industry and Energy sector, Cameco's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Cameco's Debt-to-Equity falls into.



Cameco Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cameco's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Cameco's Debt to Equity Ratio for the quarter that ended in Jun. 2022 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Cameco  (NYSE:CCJ) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Cameco Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Cameco's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Cameco Business Description

Cameco logo
Traded in Other Exchanges
Address
2121 - 11th Street West, Saskatoon, SK, CAN, S7M 1J3
Cameco is one of the world's largest uranium producers. When operating at normal production, the flagship McArthur River mine in Saskatchewan accounts for roughly 50% of output in normal market conditions. Amid years of uranium price weakness, the company has reduced production, instead purchasing from the spot market to meet contracted deliveries. In the long term, Cameco has the ability increase annual uranium production by restarting shut mines and investing in new ones. In addition to its large uranium mining business, Cameco operates uranium conversion and fabrication facilities.

Cameco Headlines

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