SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Madharry who wrote (76828)12/26/2024 10:52:35 PM
From: E_K_S  Respond to of 78755
 
Re: BCE debt Canadian $'s vs $US dollars

I could not find a breakdown but Perplexity.AI said there would be both. I suspect a lot more in $US simply because that is where most/all of the debt is issued. So you are correct as the $US get's stronger, their debt load is more especially as most of their revenue is billed in Canadian $'s.

I ran into somewhat of a similar issue w/ some of the foreign gold miners, specifically the SA miners (ANGLY). It was the reverse as their gold was sold in $US but workers were paid in local currency. So the Foreign miners actually did better w/ a strong $US as far as labor expenses went.

It is certainly something to consider. Both VZ & T have much lower debt and better coverage for their dividend.

I been adding small amounts of VZ recently. Sold a few T last month and moved those proceeds into VZ. No position in BCE.