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Power of Canada (TSX:POW.PR.C.PFD) Debt-to-Revenue : 2.81 (As of Dec. 2023)


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What is Power of Canada Debt-to-Revenue?

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

Power of Canada's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$3,452.00 Mil. Power of Canada's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$17,491.00 Mil. Power of Canada's annualized Revenue for the quarter that ended in Dec. 2023 was C$7,444.00 Mil. Power of Canada's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 2.81.


Power of Canada Debt-to-Revenue Historical Data

The historical data trend for Power of Canada's Debt-to-Revenue 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.

Power of Canada Debt-to-Revenue Chart

Power of Canada Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.33 0.27 N/A 0.89

Power of Canada Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Revenue 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 N/A 0.26 0.97 2.46 2.81

Competitive Comparison of Power of Canada's Debt-to-Revenue

For the Insurance - Life subindustry, Power of Canada's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.


Power of Canada's Debt-to-Revenue Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Power of Canada's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Power of Canada's Debt-to-Revenue falls into.



Power of Canada Debt-to-Revenue Calculation

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

Power of Canada's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(3452 + 17491) / 23677
=0.88

Power of Canada's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(3452 + 17491) / 7444
=2.81

* 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-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Dec. 2023) Revenue data.


Power of Canada Debt-to-Revenue Related Terms

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Power of Canada (TSX:POW.PR.C.PFD) Business Description

Address
751 Victoria Square, Montreal, QC, CAN, H2Y 2J3
Power Corporation of Canada is a holding company with controlling interests in Great-West Life (an insurance conglomerate), IGM Financial (Canada's largest nonbank asset manager), and other alternative asset-management platforms (Sagard and Power Sustainable). The company also has minority interests in Groupe Bruxelles Lambert (a holding company with interests in European companies) and ChinaAMC (an asset manager in China).

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