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 ratio18.4x
CashCA$1.73b
EquityCA$43.28b
Total liabilitiesCA$45.26b
Total assetsCA$88.54b

Recent financial health updates

Recent updates

Suncor Energy's (TSE:SU) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Mar 29
Suncor Energy's (TSE:SU) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Suncor Energy's (TSE:SU) Returns On Capital Are Heading Higher

Mar 12
Suncor Energy's (TSE:SU) Returns On Capital Are Heading Higher

Does Suncor Energy (TSE:SU) Have A Healthy Balance Sheet?

Jan 20
Does Suncor Energy (TSE:SU) Have A Healthy Balance Sheet?

Why Investors Shouldn't Be Surprised By Suncor Energy Inc.'s (TSE:SU) Low P/E

Jan 05
Why Investors Shouldn't Be Surprised By Suncor Energy Inc.'s (TSE:SU) Low P/E

Here's Why We Think Suncor Energy (TSE:SU) Is Well Worth Watching

Dec 22
Here's Why We Think Suncor Energy (TSE:SU) Is Well Worth Watching

Returns Are Gaining Momentum At Suncor Energy (TSE:SU)

Dec 09
Returns Are Gaining Momentum At Suncor Energy (TSE:SU)

Suncor Energy (TSE:SU) Will Pay A Larger Dividend Than Last Year At CA$0.545

Nov 18
Suncor Energy (TSE:SU) Will Pay A Larger Dividend Than Last Year At CA$0.545

Suncor Energy Inc. (TSE:SU) Shares Could Be 37% Below Their Intrinsic Value Estimate

Nov 03
Suncor Energy Inc. (TSE:SU) Shares Could Be 37% Below Their Intrinsic Value Estimate

These 4 Measures Indicate That Suncor Energy (TSE:SU) Is Using Debt Reasonably Well

Sep 16
These 4 Measures Indicate That Suncor Energy (TSE:SU) Is Using Debt Reasonably Well

Is There An Opportunity With Suncor Energy Inc.'s (TSE:SU) 40% Undervaluation?

Aug 02
Is There An Opportunity With Suncor Energy Inc.'s (TSE:SU) 40% Undervaluation?

These 4 Measures Indicate That Suncor Energy (TSE:SU) Is Using Debt Reasonably Well

Jun 16
These 4 Measures Indicate That Suncor Energy (TSE:SU) Is Using Debt Reasonably Well

We Ran A Stock Scan For Earnings Growth And Suncor Energy (TSE:SU) Passed With Ease

May 17
We Ran A Stock Scan For Earnings Growth And Suncor Energy (TSE:SU) Passed With Ease

Financial 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).


Balance Sheet


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