Cameco Corp (CCO) - Net Assets

Latest as of June 2025: CA$6.74 Billion CAD ≈ $4.88 Billion USD

Based on the latest financial reports, Cameco Corp (CCO) has net assets worth CA$6.74 Billion CAD (≈ $4.88 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$9.58 Billion ≈ $6.93 Billion USD) and total liabilities (CA$2.84 Billion ≈ $2.05 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets CA$6.74 Billion
% of Total Assets 70.36%
Annual Growth Rate 5.61%
5-Year Change 28.35%
10-Year Change 14.77%
Growth Volatility 9.32

Cameco Corp - Net Assets Trend (1993–2024)

This chart illustrates how Cameco Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Cameco Corp (1993–2024)

The table below shows the annual net assets of Cameco Corp from 1993 to 2024.

Year Net Assets Change
2024-12-31 CA$6.36 Billion
≈ $4.60 Billion		 +4.43%
2023-12-31 CA$6.09 Billion
≈ $4.41 Billion		 +4.42%
2022-12-31 CA$5.84 Billion
≈ $4.22 Billion		 +20.43%
2021-12-31 CA$4.85 Billion
≈ $3.51 Billion		 -2.27%
2020-12-31 CA$4.96 Billion
≈ $3.59 Billion		 -0.73%
2019-12-31 CA$4.99 Billion
≈ $3.61 Billion		 +0.03%
2018-12-31 CA$4.99 Billion
≈ $3.61 Billion		 +2.76%
2017-12-31 CA$4.86 Billion
≈ $3.52 Billion		 -7.59%
2016-12-31 CA$5.26 Billion
≈ $3.80 Billion		 -5.17%
2015-12-31 CA$5.55 Billion
≈ $4.01 Billion		 +1.86%
2014-12-31 CA$5.44 Billion
≈ $3.94 Billion		 +1.76%
2013-12-31 CA$5.35 Billion
≈ $3.87 Billion		 +8.19%
2012-12-31 CA$4.94 Billion
≈ $3.58 Billion		 -3.16%
2011-12-31 CA$5.11 Billion
≈ $3.69 Billion		 -5.36%
2010-12-31 CA$5.39 Billion
≈ $3.90 Billion		 +7.72%
2009-12-31 CA$5.01 Billion
≈ $3.62 Billion		 +16.62%
2008-12-31 CA$4.29 Billion
≈ $3.11 Billion		 +35.05%
2007-12-31 CA$3.18 Billion
≈ $2.30 Billion		 +1.22%
2006-12-31 CA$3.14 Billion
≈ $2.27 Billion		 +15.31%
2005-12-31 CA$2.72 Billion
≈ $1.97 Billion		 +8.71%
2004-12-31 CA$2.51 Billion
≈ $1.81 Billion		 +12.15%
2003-12-31 CA$2.23 Billion
≈ $1.62 Billion		 +19.62%
2002-12-31 CA$1.87 Billion
≈ $1.35 Billion		 +2.47%
2001-12-31 CA$1.82 Billion
≈ $1.32 Billion		 +2.38%
2000-12-31 CA$1.78 Billion
≈ $1.29 Billion		 -7.37%
1999-12-31 CA$1.92 Billion
≈ $1.39 Billion		 +1.00%
1998-12-31 CA$1.90 Billion
≈ $1.38 Billion		 +12.47%
1997-12-31 CA$1.69 Billion
≈ $1.22 Billion		 +19.19%
1996-12-31 CA$1.42 Billion
≈ $1.03 Billion		 +9.07%
1995-12-31 CA$1.30 Billion
≈ $941.63 Million		 +6.66%
1994-12-31 CA$1.22 Billion
≈ $882.82 Million		 +4.26%
1993-12-31 CA$1.17 Billion
≈ $846.72 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Cameco Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 1463.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CA$3.10 Billion 48.70%
Common Stock CA$2.94 Billion 46.12%
Other Components CA$329.68 Million 5.18%
Total Equity CA$6.36 Billion 100.00%

Cameco Corp Competitors by Market Cap

The table below lists competitors of Cameco Corp ranked by their market capitalization.

Company Market Cap
Public Storage
NYSE:PSA
 		$52.71 Billion
Ametek Inc
NYSE:AME
 		$53.06 Billion
Loblaw Companies Limited
TO:L
 		$53.13 Billion
Engie S.A.
PA:ENGI
 		$53.21 Billion
Target Corporation
NYSE:TGT
 		$52.60 Billion
Takeda Pharmaceutical Co Ltd ADR
NYSE:TAK
 		$52.60 Billion
Diamondback Energy Inc
NASDAQ:FANG
 		$52.60 Billion
Arthur J Gallagher & Co
NYSE:AJG
 		$52.50 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Cameco Corp's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 6,094,305,000 to 6,364,307,000, a change of 270,002,000 (4.4%).
  • Net income of 171,853,000 contributed positively to equity growth.
  • Dividend payments of 69,641,000 reduced retained earnings.
  • Share repurchases of 16,656,000 reduced equity.
  • New share issuances of 16,656,000 increased equity.
  • Other comprehensive income increased equity by 15,282,000.
  • Other factors increased equity by 152,508,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CA$171.85 Million +2.7%
Dividends Paid CA$69.64 Million -1.09%
Share Repurchases CA$16.66 Million -0.26%
Share Issuances CA$16.66 Million +0.26%
Other Comprehensive Income CA$15.28 Million +0.24%
Other Changes CA$152.51 Million +2.4%
Total Change CA$- 4.43%

Book Value vs Market Value Analysis

This analysis compares Cameco Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 11.42x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 44.91x to 11.42x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1993-12-31 CA$3.72 CA$167.02 x
1994-12-31 CA$3.91 CA$167.02 x
1995-12-31 CA$4.14 CA$167.02 x
1996-12-31 CA$4.47 CA$167.02 x
1997-12-31 CA$5.19 CA$167.02 x
1998-12-31 CA$5.53 CA$167.02 x
1999-12-31 CA$4.95 CA$167.02 x
2000-12-31 CA$5.95 CA$167.02 x
2001-12-31 CA$5.49 CA$167.02 x
2002-12-31 CA$6.35 CA$167.02 x
2003-12-31 CA$6.51 CA$167.02 x
2004-12-31 CA$6.09 CA$167.02 x
2005-12-31 CA$6.58 CA$167.02 x
2006-12-31 CA$7.44 CA$167.02 x
2007-12-31 CA$7.45 CA$167.02 x
2008-12-31 CA$9.98 CA$167.02 x
2009-12-31 CA$12.42 CA$167.02 x
2010-12-31 CA$13.21 CA$167.02 x
2011-12-31 CA$12.44 CA$167.02 x
2012-12-31 CA$12.49 CA$167.02 x
2013-12-31 CA$13.52 CA$167.02 x
2014-12-31 CA$13.74 CA$167.02 x
2015-12-31 CA$14.01 CA$167.02 x
2016-12-31 CA$13.29 CA$167.02 x
2017-12-31 CA$12.28 CA$167.02 x
2018-12-31 CA$12.61 CA$167.02 x
2019-12-31 CA$12.61 CA$167.02 x
2020-12-31 CA$12.53 CA$167.02 x
2021-12-31 CA$12.19 CA$167.02 x
2022-12-31 CA$14.33 CA$167.02 x
2023-12-31 CA$14.00 CA$167.02 x
2024-12-31 CA$14.62 CA$167.02 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Cameco Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 2.70%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 5.48%
  • • Asset Turnover: 0.32x
  • • Equity Multiplier: 1.56x
  • Recent ROE (2.70%) is below the historical average (5.67%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1993 6.27% 23.87% 0.23x 1.16x CA$-43.47 Million
1994 6.65% 23.32% 0.24x 1.17x CA$-40.94 Million
1995 7.84% 25.83% 0.24x 1.28x CA$-28.07 Million
1996 9.69% 23.27% 0.33x 1.25x CA$-4.47 Million
1997 4.85% 12.75% 0.28x 1.34x CA$-87.22 Million
1998 2.40% 6.34% 0.24x 1.54x CA$-144.73 Million
1999 4.16% 10.79% 0.25x 1.54x CA$-112.23 Million
2000 -4.40% -11.37% 0.25x 1.57x CA$-256.39 Million
2001 3.58% 9.31% 0.24x 1.62x CA$-117.07 Million
2002 3.00% 7.41% 0.25x 1.59x CA$-129.53 Million
2003 9.73% 26.12% 0.25x 1.51x CA$-5.98 Million
2004 12.90% 26.59% 0.26x 1.88x CA$62.73 Million
2005 9.21% 16.58% 0.28x 2.02x CA$-18.73 Million
2006 13.71% 20.51% 0.36x 1.88x CA$101.58 Million
2007 15.17% 18.02% 0.43x 1.96x CA$141.73 Million
2008 12.81% 15.74% 0.41x 1.99x CA$98.62 Million
2009 22.70% 47.49% 0.32x 1.52x CA$615.04 Million
2010 9.87% 24.24% 0.28x 1.47x CA$-6.88 Million
2011 9.16% 18.89% 0.31x 1.59x CA$-41.55 Million
2012 5.38% 11.46% 0.28x 1.66x CA$-228.23 Million
2013 5.96% 13.06% 0.30x 1.50x CA$-216.33 Million
2014 3.40% 7.73% 0.28x 1.56x CA$-359.13 Million
2015 1.18% 2.37% 0.31x 1.59x CA$-489.42 Million
2016 -1.17% -2.53% 0.29x 1.57x CA$-587.45 Million
2017 -4.22% -9.50% 0.28x 1.60x CA$-690.87 Million
2018 3.33% 7.95% 0.26x 1.61x CA$-333.01 Million
2019 1.48% 3.97% 0.25x 1.49x CA$-425.47 Million
2020 -1.07% -2.96% 0.24x 1.53x CA$-549.03 Million
2021 -2.12% -6.96% 0.20x 1.55x CA$-587.24 Million
2022 1.53% 4.78% 0.22x 1.48x CA$-494.22 Million
2023 5.92% 13.94% 0.26x 1.63x CA$-248.58 Million
2024 2.70% 5.48% 0.32x 1.56x CA$-464.58 Million

Industry Comparison

This section compares Cameco Corp's net assets metrics with peer companies in the Uranium industry.

Industry Context

  • Industry: Uranium
  • Average net assets among peers: $36,162,359
  • Average return on equity (ROE) among peers: -32.49%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Cameco Corp (CCO) CA$6.74 Billion 6.27% 0.42x $52.61 Billion
Azincourt Uranium Inc (AAZ) $2.01 Million -48.30% 0.03x $4.88 Million
Anfield Resources Inc (AEC) $44.87 Million -25.51% 0.78x $93.04 Million
Blue Sky Uranium Corp (BSK) $-1.52 Million 0.00% 0.00x $20.42 Million
Denison Mines Corp (DML) $222.25 Million -13.53% 0.40x $3.38 Billion
enCore Energy Corp. (EU) $15.87 Million -13.88% 0.48x $356.31 Million
Baselode Energy Corp (FIND) $13.29 Million -61.18% 0.23x $9.27 Million
Fission 3.0 Corp (FUU) $9.31 Million -12.00% 0.12x $89.13 Million
GoviEx Uranium Inc (GXU) $19.62 Million -118.05% 2.36x $31.42 Million
Indigo Exploration Inc. (IXI) $-232.69K 0.00% 0.00x $2.16 Million

About Cameco Corp

TO:CCO Canada Uranium
Market Cap
$52.61 Billion
CA$72.72 Billion CAD
Market Cap Rank
#496 Global
#21 in Canada
Share Price
CA$167.02
Change (1 day)
-1.45%
52-Week Range
CA$62.23 - CA$181.66
All Time High
CA$181.66
Categories
Companies in Canada Uranium
About

Cameco Corporation provides uranium for the generation of electricity. It operates through three segments: Uranium, Fuel Services, and Westinghouse. The Uranium segment engages in the exploration for, mining, milling, purchase, and sale of uranium concentrate. The Fuel Services segment is involved in the refining, conversion, and fabrication of uranium concentrate, as well as purchase and sale of… Read more