$BCE Inc (BCE.CA)$ 's troubles are compounded by recent deve...
$BCE Inc(BCE.CA$ 's troubles are compounded by recent developments. On March 11, S&P Global downgraded BCE's outlook from stable to negative, citing concerns over elevated debt ratios of 3.5 times and escalating competition, which could potentially curtail the company's financial flexibility. This downgrade triggered a 9% decline in BCE stock. The debt ratio indicates that BCE's long-term debt is 3.5 times its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA).
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