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BCE (TSX:BCE.PR.H.PFD) Debt-to-EBITDA : 19.20 (As of Sep. 2024)


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What is BCE Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

BCE's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$7,475.00 Mil. BCE's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$32,606.00 Mil. BCE's annualized EBITDA for the quarter that ended in Sep. 2024 was C$2,088.00 Mil. BCE's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 19.20.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

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

TSX:BCE.PR.H.PFD' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.17   Med: 2.44   Max: 5.22
Current: 5.22

During the past 13 years, the highest Debt-to-EBITDA Ratio of BCE was 5.22. The lowest was 2.17. And the median was 2.44.

TSX:BCE.PR.H.PFD's Debt-to-EBITDA is ranked worse than
79.87% of 318 companies
in the Telecommunication Services industry
Industry Median: 2.395 vs TSX:BCE.PR.H.PFD: 5.22

BCE Debt-to-EBITDA Historical Data

The historical data trend for BCE's Debt-to-EBITDA 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.

BCE Debt-to-EBITDA Chart

BCE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.46 2.94 3.00 3.17 3.69

BCE Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-EBITDA 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 3.38 3.90 4.08 3.89 19.20

Competitive Comparison of BCE's Debt-to-EBITDA

For the Telecom Services subindustry, BCE's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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.


BCE's Debt-to-EBITDA Distribution in the Telecommunication Services Industry

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

* The bar in red indicates where BCE's Debt-to-EBITDA falls into.



BCE Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

BCE's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(4845 + 31135) / 9757
=3.69

BCE's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(7475 + 32606) / 2088
=19.20

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Sep. 2024) EBITDA data.


BCE  (TSX:BCE.PR.H.PFD) Debt-to-EBITDA Explanation

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


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


BCE Debt-to-EBITDA Related Terms

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


BCE Business Description

Address
1 Carrefour Alexander Graham Bell, Tour A-7, Verdun, QC, CAN, H3E 3B3
BCE provides wireless, broadband, television, and landline phone services in Canada. It is one of the big three national wireless carriers, with over 10 million customers constituting about 30% of the market. It is also the incumbent local exchange carrier, or ILEC—the legacy telephone provider—throughout much of the eastern half of Canada, including in the most populous Canadian provinces: Ontario and Quebec. Additionally, BCE has a media segment, which holds television, radio, and digital media assets. BCE licenses the Canadian rights to movie channels including HBO, Showtime, and Starz.

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