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Quebecor (Quebecor) Debt-to-Equity

: 4.73 (As of Dec. 2023)
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Quebecor's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,296 Mil. Quebecor's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4,792 Mil. Quebecor's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,287 Mil. Quebecor's debt to equity for the quarter that ended in Dec. 2023 was 4.73.

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 Quebecor's Debt-to-Equity or its related term are showing as below:

QBCAF' s Debt-to-Equity Range Over the Past 10 Years
Min: 4.73   Med: 6.78   Max: 21.38
Current: 4.73

During the past 13 years, the highest Debt-to-Equity Ratio of Quebecor was 21.38. The lowest was 4.73. And the median was 6.78.

QBCAF's Debt-to-Equity is ranked worse than
95.09% of 346 companies
in the Telecommunication Services industry
Industry Median: 0.66 vs QBCAF: 4.73

Quebecor Debt-to-Equity Historical Data

The historical data trend for Quebecor'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.

Quebecor Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.42 5.48 5.46 5.03 4.73

Quebecor Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 5.03 4.49 5.58 5.01 4.73
Competitive Comparison

For the Telecom Services subindustry, Quebecor'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.

Quebecor Debt-to-Equity Distribution

For the Telecommunication Services industry and Communication Services sector, Quebecor's Debt-to-Equity distribution charts can be found below:

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


Quebecor Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Quebecor's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(1295.99 + 4792.412) / 1287.194
=4.73

Quebecor's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(1295.99 + 4792.412) / 1287.194
=4.73

* 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.

Quebecor  (OTCPK:QBCAF) 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.

Quebecor Debt-to-Equity Related Terms

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

Quebecor (Quebecor) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Quebecor Inc (OTCPK:QBCAF) » Definitions » Debt-to-Equity
Comparable Companies
TSX:CCA TSX:CGO TSX:TGO TSXV:TRL.H TSXV:USS TSXV:GOK TSXV:ADYA TSXV:VMY.H TSX:RCI.B TSX:T TMUS SHSE:600941 VZ CMCSA T XTER:DTE TSE:9432 NSE:BHARTIARTL TSE:9984 HKSE:00728
Traded in Other Exchanges
QBCRF:USA QBR.B:Canada QBR.A:Canada
Address
612, rue Saint-Jacques, Corporate secretariat, 18th floor, Montreal, QC, CAN, H3C 4M8
Website
https://www.quebecor.com
Quebecor primarily provides telecom services in Quebec, where it has roughly 1.7 million internet subscribers—equating to a penetration rate of about 50% in its footprint—and over 3 million mobile subscribers, including more than 20% wireless market share in Quebec. With the acquisition of Freedom Mobile in April 2023, Quebecor also has more than 1.5 million mobile subscribers in Ontario, British Columbia, and Alberta. Quebecor also offers a French-language subscription video on demand service and has a media segment that owns and operates television stations, publishes newspapers and magazines, and produces and distributes films and television shows. A very small portion of Quebecor's business engages in live event production and promotion and has ownership of live-event venues.