There's one wrinkle: There's no telling when a sustained uranium price upturn might take place. But that shouldn't be too much of a problem for Cameco, because it has a rock solid balance sheet. Long-term debt makes up roughly 25% of the company's capital structure. That's a reasonable level of debt for any business. The current ratio, meanwhile, is a robust 5.3 times, suggesting Cameco can pay its near-term bills with relative ease.