Cameco (Cameco) Debt-to-Asset

: 0.18 (As of Dec. 2023)

View and export this data going back to 1996. Start your Free Trial

Cameco's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $373 Mil. Cameco's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $957 Mil. Cameco's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was $7,405 Mil. Cameco's debt to asset for the quarter that ended in Dec. 2023 was 0.18.

Cameco Debt-to-Asset Historical Data

The historical data trend for Cameco'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.

Cameco Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

Get a 7-Day Free Trial

0.13

0.12

0.18

Cameco Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Asset	Get a 7-Day Free Trial															0.12	0.12	0.12	0.11	0.18

Competitive Comparison

For the Uranium subindustry, Cameco'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.

Cameco Debt-to-Asset Distribution

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

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

Cameco Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Cameco's Debt-to-Asset for the fiscal year that ended in Dec. 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
	=	(372.556	+	957.329)	/	7404.634
	=	0.18

Cameco's Debt-to-Asset for the quarter that ended in Dec. 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
	=	(372.556	+	957.329)	/	7404.634
	=	0.18

Cameco (NYSE:CCJ) 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.

Cameco Debt-to-Asset Related Terms

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

Cameco (Cameco) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Cameco Corp (NYSE:CCJ) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

CJ6:Germany CJ6:Germany CCO:Canada

Address

2121 - 11th Street West, Saskatoon, SK, CAN, S7M 1J3

Website

https://www.cameco.com

Cameco Corp 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.