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Cogeco Communications (TSX:CCA) Liabilities-to-Assets : 0.63 (As of Feb. 2025)


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What is Cogeco Communications Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Cogeco Communications's Total Liabilities for the quarter that ended in Feb. 2025 was C$6,434 Mil. Cogeco Communications's Total Assets for the quarter that ended in Feb. 2025 was C$10,152 Mil. Therefore, Cogeco Communications's Liabilities-to-Assets Ratio for the quarter that ended in Feb. 2025 was 0.63.


Cogeco Communications Liabilities-to-Assets Historical Data

The historical data trend for Cogeco Communications's Liabilities-to-Assets 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 Liabilities-to-Assets Chart

Cogeco Communications Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.62 0.66 0.65 0.64

Cogeco Communications Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
Liabilities-to-Assets 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 0.64 0.65 0.64 0.64 0.63

Competitive Comparison of Cogeco Communications's Liabilities-to-Assets

For the Telecom Services subindustry, Cogeco Communications's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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 Liabilities-to-Assets Distribution in the Telecommunication Services Industry

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

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


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Cogeco Communications Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Cogeco Communications's Liabilities-to-Assets Ratio for the fiscal year that ended in Aug. 2024 is calculated as:

Liabilities-to-Assets (A: Aug. 2024 )=Total Liabilities/Total Assets
=6200.346/9675.009
=0.64

Cogeco Communications's Liabilities-to-Assets Ratio for the quarter that ended in Feb. 2025 is calculated as

Liabilities-to-Assets (Q: Feb. 2025 )=Total Liabilities/Total Assets
=6433.772/10152.322
=0.63

* 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  (TSX:CCA) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Cogeco Communications Liabilities-to-Assets Related Terms

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Cogeco Communications Business Description

Traded in Other Exchanges
Address
1 Place Ville Marie, Suite 3301, Montreal, QC, CAN, H3B 0B3
Cogeco Communications is a telecom service provider in Canada and the US, specifically in rural and suburban geographies. It offers wireline services such as broadband internet, TV, and landline phone services. In Canada, the firm operates under its Cogeco Connexion and oxio brands, reaching roughly 2.1 million homes and businesses throughout Ontario and Quebec. In the US, Cogeco operates under its Breezeline brand throughout the East Coast, Pennsylvania, and Ohio, reaching 1.8 million homes and businesses. Cogeco is expanding its offerings to include consumer wireless services, operating as a mobile virtual network operator, or MVNO.

Cogeco Communications Headlines