Cogeco Communications Financials

CCA Stock  CAD 70.00  3.17  4.74%   
Financial data analysis helps to double-check if markets are presently mispricing Cogeco Communications. We were able to analyze thirty-nine available fundamental indicators for Cogeco Communications, which can be compared to its peers. The stock experiences a very speculative upward sentiment. Check odds of Cogeco Communications to be traded at C$87.5 in 90 days. Key indicators impacting Cogeco Communications' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio1.151.5998
Way Down
Slightly volatile
Operating Income399 M768.8 M
Way Down
Slightly volatile
Current Ratio0.470.2846
Way Up
Pretty Stable
  
Understanding current and past Cogeco Communications Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Cogeco Communications' financial statements are interrelated, with each one affecting the others. For example, an increase in Cogeco Communications' assets may result in an increase in income on the income statement.

Cogeco Communications Stock Summary

Cogeco Communications competes with Cogeco, Quebecor, Transcontinental, Stella Jones, and Gildan Activewear. Cogeco Communications Inc. operates as a communications corporation in North America. Cogeco Communications Inc. was founded in 1972 and is headquartered in Montreal, Canada. COGECO COMMUNICATIONS operates under Telecom Services classification in Canada and is traded on Toronto Stock Exchange. It employs 3740 people.
Foreign Associate
  USA
Specialization
Communication Services, Telecommunication Services
InstrumentCanada Stock View All
ExchangeToronto Exchange
ISINCA19239C1068
Business Address1, Place Ville-Marie,
SectorDiversified Telecommunication Services
IndustryCommunication Services
BenchmarkDow Jones Industrial
Websitecorpo.cogeco.com/cca/en
Phone514 764 4600
CurrencyCAD - Canadian Dollar
You should never invest in Cogeco Communications without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Cogeco Stock, because this is throwing your money away. Analyzing the key information contained in Cogeco Communications' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Cogeco Communications Key Financial Ratios

Cogeco Communications' financial ratios allow both analysts and investors to convert raw data from Cogeco Communications' financial statements into concise, actionable information that can be used to evaluate the performance of Cogeco Communications over time and compare it to other companies across industries.

Cogeco Communications Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets6.8B7.4B9.3B9.8B9.7B10.2B
Net Debt2.8B2.9B4.3B4.7B4.7B5.0B
Retained Earnings1.3B1.5B1.7B1.9B2.0B2.1B
Accounts Payable211.1M270.5M380.5M319.2M359.7M237.3M
Cash366.5M365.5M370.9M362.9M76.3M72.5M
Net Receivables86.3M84.4M114.9M146.3M126.0M86.4M
Other Current Assets29.3M33.8M42.2M47.2M43.3M21.8M
Total Liab4.2B4.5B6.1B6.3B6.2B6.5B
Total Current Assets482.1M654.1M528.0M556.4M245.6M246.3M
Other Current Liab40.6M245.6M219.7M126.1M118.0M64.4M
Short Term Debt34.3M229.8M347.7M64.2M376.2M395.0M
Good Will1.4B1.5B2.0B2.1B2.1B1.2B
Intangible Assets2.8B2.7B3.6B3.7B3.8B2.3B
Common Stock985.0M958.3M931.0M896.4M854.8M780.4M
Other Liab625.1M702.4M746.8M767.9M883.1M704.3M
Net Tangible Assets(2.0B)(1.9B)(1.8B)(2.8B)(2.5B)(2.6B)
Other Assets51.8M110.6M169.1M202.8M233.2M244.9M
Long Term Debt3.1B3.0B4.3B4.9B4.4B3.8B
Short Long Term Debt32.6M225.8M342.5M57.6M367.0M385.4M
Long Term Debt Total3.1B3.0B4.3B5.0B5.7B3.8B
Cash And Equivalents366.5M549.1M65.7M29.3M33.7M32.0M

Cogeco Communications Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense157.8M127.2M185.8M256.9M274.7M288.4M
Total Revenue2.4B2.5B2.9B3.0B3.0B1.6B
Gross Profit1.5B1.6B2.1B932.4M2.5B2.6B
Operating Income653.5M697.4M770.3M810.0M768.8M399.0M
Ebit667.9M690.3M736.9M771.2M687.0M378.2M
Ebitda1.2B1.2B1.4B1.4B1.4B711.4M
Cost Of Revenue837.0M882.4M790.0M2.1B484.3M675.6M
Income Before Tax508.9M562.4M549.4M512.7M416.5M437.3M
Net Income375.2M401.5M423.3M392.3M335.5M352.3M
Income Tax Expense112.3M130.7M95.7M94.8M62.3M52.5M
Tax Provision112.3M130.7M95.7M94.8M62.3M88.8M
Interest Income159.2M127.0M186.6M250.7M10.2M9.7M
Minority Interest373.5M(30.1M)(30.5M)(25.7M)(18.6M)(17.7M)
Net Interest Income(130.9M)(125.1M)(187.4M)(247.5M)(264.5M)(277.7M)

Cogeco Communications Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(190.0M)(977K)(178.2M)(8.0M)(286.6M)(272.3M)
Free Cash Flow433.8M426.9M259.6M100.1M516.1M541.9M
Depreciation499.2M510.4M621.1M620.5M673.6M337.1M
Other Non Cash Items(43.2M)(101.8M)(11.8M)(79.1M)39.0M40.9M
Dividends Paid112.3M121.1M129.9M138.0M145.1M152.4M
Capital Expenditures484.0M592.2M980.7M862.8M659.1M388.6M
Net Income396.6M431.6M453.8M418.0M335.5M352.3M
End Period Cash Flow366.5M365.5M370.9M362.9M76.3M135.9M
Investments(557.3M)(984.8M)(2.4B)(954.5M)(916.6M)(962.4M)
Net Borrowings(527.5M)(266.5M)227.5M1.2B1.4B1.5B
Change To Netincome37.9M97.5M66.1M120.4M108.4M72.7M

Cogeco Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Cogeco Communications's current stock value. Our valuation model uses many indicators to compare Cogeco Communications value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Cogeco Communications competition to find correlations between indicators driving Cogeco Communications's intrinsic value. More Info.
Cogeco Communications is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about  0.48  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Cogeco Communications is roughly  2.07 . At this time, Cogeco Communications' Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Cogeco Communications by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Cogeco Communications' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

Cogeco Communications Systematic Risk

Cogeco Communications' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Cogeco Communications volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Cogeco Communications correlated with the market. If Beta is less than 0 Cogeco Communications generally moves in the opposite direction as compared to the market. If Cogeco Communications Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Cogeco Communications is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Cogeco Communications is generally in the same direction as the market. If Beta > 1 Cogeco Communications moves generally in the same direction as, but more than the movement of the benchmark.

Cogeco Communications Total Assets Over Time

Cogeco Communications Thematic Clasifications

Cogeco Communications is part of several thematic ideas from Wireless to Communication Services. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Cogeco Communications Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Cogeco Communications' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Cogeco Communications growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.75)

At this time, Cogeco Communications' Price Earnings To Growth Ratio is very stable compared to the past year.

Cogeco Communications December 2, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Cogeco Communications help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Cogeco Communications. We use our internally-developed statistical techniques to arrive at the intrinsic value of Cogeco Communications based on widely used predictive technical indicators. In general, we focus on analyzing Cogeco Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Cogeco Communications's daily price indicators and compare them against related drivers.

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.