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BCE (TSX:BCE) Equity-to-Asset : 0.24 (As of Sep. 2024)


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What is BCE Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. BCE's Total Stockholders Equity for the quarter that ended in Sep. 2024 was C$17,678 Mil. BCE's Total Assets for the quarter that ended in Sep. 2024 was C$72,716 Mil. Therefore, BCE's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.24.

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

TSX:BCE' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.24   Med: 0.34   Max: 0.36
Current: 0.24

During the past 13 years, the highest Equity to Asset Ratio of BCE was 0.36. The lowest was 0.24. And the median was 0.34.

TSX:BCE's Equity-to-Asset is ranked worse than
74.08% of 382 companies
in the Telecommunication Services industry
Industry Median: 0.395 vs TSX:BCE: 0.24

BCE Equity-to-Asset Historical Data

The historical data trend for BCE's Equity-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.

BCE Equity-to-Asset Chart

BCE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.35 0.34 0.32 0.28

BCE Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Equity-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 0.30 0.28 0.28 0.27 0.24

Competitive Comparison of BCE's Equity-to-Asset

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


BCE's Equity-to-Asset Distribution in the Telecommunication Services Industry

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

* The bar in red indicates where BCE's Equity-to-Asset falls into.



BCE Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

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

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=20229/71940
=0.28

BCE's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=17678/72716
=0.24

* 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.


BCE  (TSX:BCE) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


BCE Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of BCE's Equity-to-Asset 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.
Executives
Calin Rovinescu Director
Mirko Bibic Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Louis Vachon Director
Robert Simmonds Director
Louis P. Pagnutti Director
John Watson Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Claire Gillies Senior Officer
Glen Leblanc Senior Officer
Blaik Kirby Senior Officer
Karine Moses Senior Officer
Jennifer Anne Tory Director
Sheila A. Murray Director
Stephen Guy Howe Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Robert Malcolmson Senior Officer
Thomas (tom) Little Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)