XML 109 R36.htm IDEA: XBRL DOCUMENT

Capital management	12 Months Ended
Capital management	Dec. 31, 2024
Capital management [abstract]
Capital management	27. Capital management Cameco’s management considers its capital structure to consist of bank overdrafts, long-term debt, short-term debt (net of cash and cash equivalents), non-controlling interest and shareholders’ equity. Cameco’s capital structure reflects its strategy and the environment in which it operates. Delivering returns to long-term shareholders is a top priority. The Company’s objective is to maximize cash flow while maintaining its investment grade rating through close capital management of our balance sheet metrics. Capital resources are managed to allow it to support achievement of its goals while managing financial risks such as weakness in the market, litigation risk and refinancing risk. The overall objectives for managing capital in 2024 reflect the environment that the Company is operating in, similar to the prior comparative period. The capital structure at December 31 was as follows: 2024 2023 Current portion of long-term debt [note 14] $ 285,707 $ 499,821 Long-term debt [note 14] 995,583 1,284,353 Cash and cash equivalents (600,462) (566,809) Net debt 680,828 1,217,365 Non-controlling interest 26 4 Shareholders' equity 6,364,307 6,094,305 Total equity 6,364,333 6,094,309 Total capital $ 7,045,161 $ 7,311,674 Cameco is bound by certain covenants in its general credit facilities. The financial covenants place restrictions on total debt, including guarantees and other financial assurances. As of December 31, 2024, Cameco met these requirements.