Growth For The Year Ended 2019-12-31
BCE Inc shows sales growth of 2%, which is not stunning. However, BCE grows, which is useful. The gross profit margin is equal to 41%. Last year, the company reported sales of $22883. 0 million.
BCE shows EBITDA growth of 11%, and an EBITDA ratio of 41%. Note that general and administrative costs declined a -1%. Furthermore, operating income is another helpful feature of BCE. The operating income grows at 6% y/y. I do appreciate that net income grew a 8%.
Balance Sheet Statement As Of 2020-12-31
With an A/L ratio of more than 1x, BCE’s balance sheet looks stable. In Q4, the total amount of assets was equal to $60665 million, with total liabilities of $39336 million. The balance sheet shows deferred revenue of $717 million, which I like. Deferred revenue represents a prepayment by BCE’s clients that have yet to be delivered. Summarising, BCE Inc receives money in advance of it being earned.
traders will perhaps carefully study BCE’s financial obligations. BCE’s short term debt is more significant than the cash in hand. I think that BCE Inc may have to negotiate its debt soon. BCE’s debt to equity ratio is below 2x. To sum up, the debt level appears to be under control. Note that BCE Inc reports cash and cash equivalents of $224 million, and net debt of $2147 million. BCE trades at 34x EBITDA, which may not seem cheap. With the company’s EBITDA margin of 41% the EV/EBITDA ratio makes sense. null
Quarterly Figures For The Quarter Ended 2020-12-31
In Q4 BCE reported quarterly sales of $6102 million, and gross profit of $2147 million. The gross profit margin was equal to 39%. Furthermore, BCE is profitable, which is favorable. BCE Inc released positive quarterly EBITDA of $2171. 0 million. I feel that the company’s performance is helpful. BCE also released positive net income of $921. 0 million. With this in mind, either you buy shares or not, BCE is a company to be followed carefully.
Assessment of Investors Activity
Institutional market participants CANANDAIGUA NATIONAL CORP, FULTON FINANCIAL ADVISORS N A, and PHOENIX WEALTH ADVISORS are BCE Inc investors.
About BCE Inc
BCE Inc. , a telecommunications and media company, provides wireless, wireline, Internet, and television (TV) services to residential, business, and wholesale customers in Canada. It operates in three segments: Bell Wireless, Bell Wireline, and Bell Media.
If you see an error, please contact the editor. We don’t own BCE’s shares, and this is our opinion. We do not offer a recommendation to buy or sell any stock.