Cameco annual net debt
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Cameco Net Debt Growth & History (CCJ)
Cameco's net debt was −$103.6M for fiscal 2025.
View full Cameco company overviewCameco annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | −$103.6M | −$794.2M | — |
| 2024 | 2024-12-31 | $690.7M | −$537.5M | −43.77% |
| 2023 | 2023-12-31 | $1.23B | $1.37B | — |
| 2022 | 2022-12-31 | −$137.4M | $108.9M | — |
| 2021 | 2021-12-31 | −$246.3M | −$331.4M | — |
| 2020 | 2020-12-31 | $85.1M | $138.0M | — |
| 2019 | 2019-12-31 | −$52.8M | −$837.0M | — |
| 2018 | 2018-12-31 | $784.1M | −$118.7M | −13.15% |
| 2017 | 2017-12-31 | $902.9M | −$270.2M | −23.03% |
| 2016 | 2016-12-31 | $1.17B | — | — |
Cameco quarterly net debt
Q4.17
Q4.18
Q4.19
Q4.20
Q4.21
Q4.22
Q4.23
Q4.24
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | −$116.0M | −$395.6M | — |
| Q1 2026 | 2026-03-31 | −$78.6M | — | — |
| Q4 2025 | 2025-12-31 | −$103.6M | −$794.2M | — |
| Q3 2025 | 2025-09-30 | $217.5M | — | — |
| Q2 2025 | 2025-06-30 | $279.7M | — | — |
| Q4 2024 | 2024-12-31 | $690.7M | −$537.5M | −43.77% |
| Q4 2023 | 2023-12-31 | $1.23B | $1.37B | — |
| Q4 2022 | 2022-12-31 | −$137.4M | $108.9M | — |
| Q4 2021 | 2021-12-31 | −$246.3M | −$331.4M | — |
| Q4 2020 | 2020-12-31 | $85.1M | $138.0M | — |
| Q4 2019 | 2019-12-31 | −$52.8M | −$837.0M | — |
| Q4 2018 | 2018-12-31 | $784.1M | −$118.7M | −13.15% |
| Q4 2017 | 2017-12-31 | $902.9M | — | — |
Cameco net debt trends
Over the last five fiscal years, Cameco's net debt decreased from $85.1M to −$103.6M, a change of −$188.7M. The latest reported quarter, Q2 2026, shows −$116.0M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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