Moody's/S&P comment (BCE and RCI)Nov 4, 2024 =-Baa2 stable announced aquistion of Ziply Fiber is Credit Positive but no immediat impact on the company rating outlook.
S&P -RCI... BBB- and Moodys Ba2 stable
What is a good Debt-to Equity Ratio? Depends on Industry; "generally, however, a ratio of three (3) or less can indicate that your business has enough cash flow to comfortably cover its debts"
Bce debt as of Sept 2024= 42.86B
Bce Debt to Equity Ratio as of Sept 2024 = 2.27
RCI debt as of Sept 2024 =49.10B
RCI Debt to Equity Ratio as of Sept 2024 =4.08
So, Morning Star, Scotia Bank, and other Yahoo's analyst opps sorry for the Pun -have their opinions -so much info out there and opinions -draw on your own.
BCE are rather aware of their financial position and pivots (opps another word that some don't like) to make money -growth and pay down debt -BCE knows what they need to do to make all HAPPY take it or LEAVE or continue to spread your narriatve slamming good old Ma Bell and their Growth plans.
Shorters -spread/fear to make $$$. Shorters love spreading their negative views as when they read the tea leaves -it fits their opinions: these individuals/institutions level of experience make a nice dollar in what they do.
Longs -don't spread fear but support etc in for stable price movement to make/perserve $$$
Remember Mad Money Cramer -admitted BIG money controls price movement and us riding on their backs hope to ride the wave, pending the wave you want to ride.
BCE will continue to take the steps to manage debt, grow and make money for all -Debt holders and shareholders.
I'm excited with what BCE has done to enter the USA market make USD. What ever happened to the NEWs releases when companies look at expanding to USA markets -generally viewed as Positive -I feel that Ma Bell from the others who make Assumptions are Embarrassed on their Assumptions that they'd take the MLS sale and pay down debt -so now upset and slamming BCE as their EGOS went POP.
Me, I'm your average guy, working nearing retirement, average house, old car and married with a few teens -yes still living at home and likely for a LOOOOOOOG time: average investiment experience (seen a lot over my 40yrs in the market) and yes made and lost money like all other's in this investing world.
Time to clean the cat litter box of -you know what.....:)