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Cogeco Communications (STU:COG) Debt-to-Asset : 0.51 (As of Feb. 2024)


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What is Cogeco Communications Debt-to-Asset?

Cogeco Communications's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was €64 Mil. Cogeco Communications's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was €3,319 Mil. Cogeco Communications's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Feb. 2024 was €6,602 Mil. Cogeco Communications's debt to asset for the quarter that ended in Feb. 2024 was 0.51.


Cogeco Communications Debt-to-Asset Historical Data

The historical data trend for Cogeco Communications's Debt-to-Asset 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.

Cogeco Communications Debt-to-Asset Chart

Cogeco Communications Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.49 0.46 0.45 0.51 0.52

Cogeco Communications Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Debt-to-Asset Get a 7-Day Free Trial 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 0.52 0.52 0.52 0.50 0.51

Competitive Comparison of Cogeco Communications's Debt-to-Asset

For the Telecom Services subindustry, Cogeco Communications's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.


Cogeco Communications's Debt-to-Asset Distribution in the Telecommunication Services Industry

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

* The bar in red indicates where Cogeco Communications's Debt-to-Asset falls into.



Cogeco Communications Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Cogeco Communications's Debt-to-Asset for the fiscal year that ended in Aug. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(43.657 + 3387.716) / 6646.086
=0.52

Cogeco Communications's Debt-to-Asset for the quarter that ended in Feb. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(64.218 + 3319.267) / 6602.029
=0.51

* 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.


Cogeco Communications  (STU:COG) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Cogeco Communications Debt-to-Asset Related Terms

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Cogeco Communications (STU:COG) Business Description

Traded in Other Exchanges
Address
1 Place Ville Marie, Suite 3301, Montreal, QC, CAN, H3B 0B3
Cogeco Communications Inc is a communication corporation. The company is a cable operator in North America operating in Canada. It provides Internet, video and phone services to residential, business and other customers. The reportable segments of the company are Canadian telecommunications and American telecommunications. The company earns majority of its revenue from American telecommunications. The company operates in Canada and United States.

Cogeco Communications (STU:COG) Headlines

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