Cogeco Communications Stock Total Debt
| CCA Stock | CAD 70.00 3.17 4.74% |
Cogeco Communications fundamentals help investors to digest information that contributes to Cogeco Communications' financial success or failures. It also enables traders to predict the movement of Cogeco Stock. The fundamental analysis module provides a way to measure Cogeco Communications' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Cogeco Communications stock.
As of the 29th of November 2024, Total Debt To Capitalization is likely to drop to 0.46. Cogeco | Total Debt |
Cogeco Communications Company Total Debt Analysis
Cogeco Communications' Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Current Cogeco Communications Total Debt | 4.82 B |
Most of Cogeco Communications' fundamental indicators, such as Total Debt, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Cogeco Communications is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Cogeco Total Debt Driver Correlations
Understanding the fundamental principles of building solid financial models for Cogeco Communications is extremely important. It helps to project a fair market value of Cogeco Stock properly, considering its historical fundamentals such as Total Debt. Since Cogeco Communications' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Cogeco Communications' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Cogeco Communications' interrelated accounts and indicators.
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In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
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Cogeco Short Long Term Debt Total
Short Long Term Debt Total |
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Based on the latest financial disclosure, Cogeco Communications has a Total Debt of 4.82 B. This is 65.18% lower than that of the Diversified Telecommunication Services sector and 71.78% lower than that of the Communication Services industry. The total debt for all Canada stocks is 9.27% higher than that of the company.
Cogeco Total Debt Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cogeco Communications' direct or indirect competition against its Total Debt to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Cogeco Communications could also be used in its relative valuation, which is a method of valuing Cogeco Communications by comparing valuation metrics of similar companies.Cogeco Communications is currently under evaluation in total debt category among its peers.
Cogeco Communications Current Valuation Drivers
We derive many important indicators used in calculating different scores of Cogeco Communications from analyzing Cogeco Communications' financial statements. These drivers represent accounts that assess Cogeco Communications' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Cogeco Communications' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 4.7B | 5.5B | 3.7B | 3.0B | 2.8B | 1.9B | |
| Enterprise Value | 7.5B | 8.4B | 8.0B | 7.7B | 7.5B | 7.9B |
Cogeco Fundamentals
| Return On Equity | 0.1 | ||||
| Return On Asset | 0.0494 | ||||
| Profit Margin | 0.11 % | ||||
| Operating Margin | 0.25 % | ||||
| Current Valuation | 7.56 B | ||||
| Shares Outstanding | 30.03 M | ||||
| Shares Owned By Insiders | 0.46 % | ||||
| Shares Owned By Institutions | 44.80 % | ||||
| Number Of Shares Shorted | 637.55 K | ||||
| Price To Earning | 12.08 X | ||||
| Price To Book | 0.94 X | ||||
| Price To Sales | 0.94 X | ||||
| Revenue | 2.98 B | ||||
| Gross Profit | 1.42 B | ||||
| EBITDA | 1.36 B | ||||
| Net Income | 335.53 M | ||||
| Cash And Equivalents | 29.26 M | ||||
| Cash Per Share | 7.68 X | ||||
| Total Debt | 4.82 B | ||||
| Debt To Equity | 1.18 % | ||||
| Current Ratio | 1.29 X | ||||
| Book Value Per Share | 70.90 X | ||||
| Cash Flow From Operations | 1.18 B | ||||
| Short Ratio | 10.78 X | ||||
| Earnings Per Share | 7.83 X | ||||
| Price To Earnings To Growth | 3.24 X | ||||
| Target Price | 79.25 | ||||
| Beta | 0.6 | ||||
| Market Capitalization | 2.81 B | ||||
| Total Asset | 9.68 B | ||||
| Retained Earnings | 2 B | ||||
| Working Capital | (617.44 M) | ||||
| Current Asset | 207.67 M | ||||
| Current Liabilities | 474.98 M | ||||
| Annual Yield | 0.06 % | ||||
| Five Year Return | 2.32 % | ||||
| Net Asset | 9.68 B | ||||
| Last Dividend Paid | 3.42 |
About Cogeco Communications Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cogeco Communications's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cogeco Communications using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cogeco Communications based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Cogeco Communications
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cogeco Communications position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cogeco Communications will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Cogeco Communications could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cogeco Communications when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cogeco Communications - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cogeco Communications to buy it.
The correlation of Cogeco Communications is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cogeco Communications moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cogeco Communications moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cogeco Communications can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Cogeco Stock
Cogeco Communications financial ratios help investors to determine whether Cogeco Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Cogeco with respect to the benefits of owning Cogeco Communications security.