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Cameco (TSX:CCO) LT-Debt-to-Total-Asset : 0.10 (As of Dec. 2024)


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What is Cameco LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Cameco's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.10.

Cameco's long-term debt to total assets ratio declined from Dec. 2023 (0.13) to Dec. 2024 (0.10). It may suggest that Cameco is progressively becoming less dependent on debt to grow their business.

Cameco LT-Debt-to-Total-Asset Historical Data

The historical data trend for Cameco's LT-Debt-to-Total-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.

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Cameco LT-Debt-to-Total-Asset Chart

Cameco Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.13 0.12 0.13 0.10

Cameco Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
LT-Debt-to-Total-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 0.13 0.11 0.15 0.14 0.10

Cameco LT-Debt-to-Total-Asset Calculation

Cameco's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )/Total Assets (A: Dec. 2024 )
=995.583/9907.007
=0.10

Cameco's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )/Total Assets (Q: Dec. 2024 )
=995.583/9907.007
=0.10

* 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.

Cameco  (TSX:CCO) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Cameco LT-Debt-to-Total-Asset Related Terms

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Cameco Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Cameco Corp (TSX:CCO) » Definitions » LT-Debt-to-Total-Asset
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TSX:U.UN TSX:NXE TSX:DML TSX:EFR TSXV:EU TSX:URE TSX:ISO TSX:URC TSX:LAM TSXV:SASK XKAZ:KZAP UEC ASX:PDN LEU HKSE:01164 LSE:YCA ASX:BOE ASX:DYL ASX:ERA ASX:BMN
Traded in Other Exchanges
CCJ:USA CCJN:Mexico 0R35:UK CJ6:Germany CJ6:Germany CJ6:Germany
Address
11th Street West, Suite 2121, Saskatoon, SK, CAN, S7M 1J3
Website
https://www.cameco.com
Cameco Corp is a provider of uranium needed to generate clean, reliable baseload electricity around the globe. one of those uranium producers. It has three reportable segments, Uranium, Fuel Services, and Westinghouse. It derives maximum revenue from the Westinghouse Segment. It has some projects namely; Millennium, Yeelirrie, Kintyre, and Exploration. The company operates in Canada, Kazakhstan, Germany, Australia, and the United States.
Executives
Caroline Marie Gorsalitz Senior Officer
Tim Scott Gitzel Senior Officer
Lisa Lorene Aitken Senior Officer
Ronald Liam Mooney Senior Officer
Dale Robert Clark Senior Officer
Sean Anthony Quinn Senior Officer
Andrew Miles Thorne Senior Officer
Brian Arthur Reilly Senior Officer
Cory John-paul Kos Senior Officer
Rachelle Spring Girard Senior Officer
David Fehr Doerksen Senior Officer
Jill Amanda Johnson Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Heidi Lynn Shockey Senior Officer
Scott Mchardy Senior Officer
Cherise Marie Grychowski Senior Officer