Suncor Energy Balance Sheet Health
Financial Health criteria checks 5/6
Suncor Energy has a total shareholder equity of CA$43.3B and total debt of CA$12.0B, which brings its debt-to-equity ratio to 27.7%. Its total assets and total liabilities are CA$88.5B and CA$45.3B respectively. Suncor Energy's EBIT is CA$9.6B making its interest coverage ratio 18.4. It has cash and short-term investments of CA$1.7B.
Key information
27.7%
Debt to equity ratio
CA$11.98b
Debt
| Interest coverage ratio | 18.4x |
| Cash | CA$1.73b |
| Equity | CA$43.28b |
| Total liabilities | CA$45.26b |
| Total assets | CA$88.54b |
Recent financial health updates
No updates
Recent updates
Suncor Energy: Turnaround Story Not Reflected In The Share Price
Apr 17Suncor Digs Out Strong Total Return With 6% Production Growth
Mar 12Suncor Energy Looks Undervalued Against Peers
Feb 073 Reasons Why We Prefer Whitecap Resources Over Suncor Energy Today
Jan 09Suncor Energy: Integrated Model Makes Shares Attractive
Jan 03Suncor Energy: An FCF Rockstar
Dec 18Suncor Energy: Navigating Oil And Gas Challenges With Strong Fundamentals
Nov 28Suncor Energy's Shareholder Return Potential Is Impressive - 13% At $80 WTI
Nov 09Suncor Energy: Oil Prices Spiking As This 4.5% Yield Beast Becomes A Buy
Oct 25Suncor Energy: 5 Reasons It's Going Higher
Oct 17Suncor Energy Looks Golden
Sep 21Suncor Energy: Ride The Potential Global Oil Price Spike
Sep 14Suncor: A 5% Yield, Massive Buyback Potential, And Way Undervalued
Aug 17Suncor Energy: A Dividend Stalwart With Staying Power
Jul 28Suncor Energy: Canadian Oil Has Strength
Jul 17Suncor Energy: It Is Not The Right Time To Buy
Jun 09Suncor Energy declares CAD 0.52 dividend
Feb 15Suncor: Very Cheap And Offering A High Yield
Jan 24Suncor Energy: Getting Left Behind By Its Energy Peers
Dec 19Suncor Energy raises dividend by 11% to C$0.52
Nov 16Global Crude Production Peaked In 2018, Which Is Why Suncor Makes Up A Fifth Of My Portfolio
Nov 10Suncor Energy Non-GAAP EPS of $1.88 beats by $0.43; reaffirms FY22 production guidance
Nov 03Suncor to buy additional stake in Fort Hills project from Teck in C$1B deal
Oct 27Suncor Energy: Disgustingly Cheap While Performing At Par With Larger Peers
Oct 10My Top Blue-Chip Pick In Oil/Gas: Suncor
Sep 21Suncor Energy: Too Soon To Pull The Buy Trigger
Sep 08Suncor Energy: A Low Share Price Is Not Your Enemy
Aug 22Suncor Energy reports Q2 earnings; narrows FY22 production guidance
Aug 05Revisiting Suncor Energy Amid Volatile Energy Prices
Jul 13Suncor: The Last Man Standing
Jun 29Financial Position Analysis
Short Term Liabilities: SU's short term assets (CA$13.8B) exceed its short term liabilities (CA$9.6B).
Long Term Liabilities: SU's short term assets (CA$13.8B) do not cover its long term liabilities (CA$35.7B).
Debt to Equity History and Analysis
Debt Level: SU's net debt to equity ratio (23.7%) is considered satisfactory.
Reducing Debt: SU's debt to equity ratio has reduced from 37.6% to 27.7% over the past 5 years.
Debt Coverage: SU's debt is well covered by operating cash flow (103%).
Interest Coverage: SU's interest payments on its debt are well covered by EBIT (18.4x coverage).