Strathcona Resources Balance Sheet Health
Financial Health criteria checks 3/6
Strathcona Resources has a total shareholder equity of CA$5.4B and total debt of CA$2.6B, which brings its debt-to-equity ratio to 48.7%. Its total assets and total liabilities are CA$10.6B and CA$5.2B respectively. Strathcona Resources's EBIT is CA$1.1B making its interest coverage ratio 4.5. It has cash and short-term investments of CA$17.8M.
Key information
48.7%
Debt to equity ratio
CA$2.64b
Debt
Interest coverage ratio | 4.5x |
Cash | CA$17.80m |
Equity | CA$5.43b |
Total liabilities | CA$5.17b |
Total assets | CA$10.60b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SCR's short term assets (CA$483.8M) do not cover its short term liabilities (CA$919.9M).
Long Term Liabilities: SCR's short term assets (CA$483.8M) do not cover its long term liabilities (CA$4.3B).
Debt to Equity History and Analysis
Debt Level: SCR's net debt to equity ratio (48.4%) is considered high.
Reducing Debt: SCR's debt to equity ratio has reduced from 71.6% to 48.7% over the past 5 years.
Debt Coverage: SCR's debt is well covered by operating cash flow (66.3%).
Interest Coverage: SCR's interest payments on its debt are well covered by EBIT (4.5x coverage).