Strathcona Resources Balance Sheet Health
Financial Health criteria checks 3/6
Strathcona Resources has a total shareholder equity of CA$5.8B and total debt of CA$2.5B, which brings its debt-to-equity ratio to 42.5%. Its total assets and total liabilities are CA$10.7B and CA$4.9B respectively. Strathcona Resources's EBIT is CA$1.3B making its interest coverage ratio 5.3. It has cash and short-term investments of CA$100.0K.
Key information
42.5%
Debt to equity ratio
CA$2.46b
Debt
| Interest coverage ratio | 5.3x |
| Cash | CA$100.00k |
| Equity | CA$5.79b |
| Total liabilities | CA$4.87b |
| Total assets | CA$10.66b |
Recent financial health updates
Recent updates
Strathcona Resources Ltd.'s (TSE:SCR) Intrinsic Value Is Potentially 70% Above Its Share Price
Nov 12
Calculating The Intrinsic Value Of Strathcona Resources Ltd. (TSE:SCR)
Jul 17These 4 Measures Indicate That Strathcona Resources (TSE:SCR) Is Using Debt Reasonably Well
Jun 11Does This Valuation Of Strathcona Resources Ltd. (TSE:SCR) Imply Investors Are Overpaying?
Mar 28Financial Position Analysis
Short Term Liabilities: SCR's short term assets (CA$372.2M) do not cover its short term liabilities (CA$834.6M).
Long Term Liabilities: SCR's short term assets (CA$372.2M) do not cover its long term liabilities (CA$4.0B).
Debt to Equity History and Analysis
Debt Level: SCR's net debt to equity ratio (42.5%) is considered high.
Reducing Debt: SCR's debt to equity ratio has reduced from 73.9% to 42.5% over the past 5 years.
Debt Coverage: SCR's debt is well covered by operating cash flow (82.1%).
Interest Coverage: SCR's interest payments on its debt are well covered by EBIT (5.3x coverage).