Suncor Energy Balance Sheet Health
Financial Health criteria checks 5/6
Suncor Energy has a total shareholder equity of CA$45.1B and total debt of CA$11.0B, which brings its debt-to-equity ratio to 24.3%. Its total assets and total liabilities are CA$90.7B and CA$45.6B respectively. Suncor Energy's EBIT is CA$9.8B making its interest coverage ratio 27.2. It has cash and short-term investments of CA$3.0B.
Key information
24.3%
Debt to equity ratio
CA$10.97b
Debt
| Interest coverage ratio | 27.2x |
| Cash | CA$3.01b |
| Equity | CA$45.08b |
| Total liabilities | CA$45.58b |
| Total assets | CA$90.66b |
Recent financial health updates
Here's Why Suncor Energy (TSE:SU) Can Manage Its Debt Responsibly
May 05
Does Suncor Energy (TSE:SU) Have A Healthy Balance Sheet?
Jan 20Recent updates
Suncor Energy (TSX:SU) Reports Record Refining Throughput and Dividend While Navigating Market Pressures
Sep 17Suncor Energy Inc.'s (TSE:SU) Share Price Is Matching Sentiment Around Its Earnings
Sep 03Here's Why Suncor Energy (TSE:SU) Can Manage Its Debt Responsibly
May 05Suncor Energy Inc.'s (TSE:SU) Earnings Are Not Doing Enough For Some Investors
Apr 18Suncor Energy's (TSE:SU) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Mar 29Suncor Energy's (TSE:SU) Returns On Capital Are Heading Higher
Mar 12Does Suncor Energy (TSE:SU) Have A Healthy Balance Sheet?
Jan 20Why Investors Shouldn't Be Surprised By Suncor Energy Inc.'s (TSE:SU) Low P/E
Jan 05Here's Why We Think Suncor Energy (TSE:SU) Is Well Worth Watching
Dec 22Financial Position Analysis
Short Term Liabilities: SU's short term assets (CA$15.0B) exceed its short term liabilities (CA$9.4B).
Long Term Liabilities: SU's short term assets (CA$15.0B) do not cover its long term liabilities (CA$36.2B).
Debt to Equity History and Analysis
Debt Level: SU's net debt to equity ratio (17.7%) is considered satisfactory.
Reducing Debt: SU's debt to equity ratio has reduced from 32.6% to 24.3% over the past 5 years.
Debt Coverage: SU's debt is well covered by operating cash flow (138.5%).
Interest Coverage: SU's interest payments on its debt are well covered by EBIT (27.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 14:33 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Suncor Energy Inc. is covered by 53 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Harshit Gupta | Accountability Research Corporation |
| Patrick O'Rourke | ATB Capital Markets |
| Yim Cheng | Barclays |