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
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 20These 4 Measures Indicate That Suncor Energy (TSE:SU) Is Using Debt Reasonably Well
Sep 16These 4 Measures Indicate That Suncor Energy (TSE:SU) Is Using Debt Reasonably Well
Jun 16Recent updates
Here'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 22Returns Are Gaining Momentum At Suncor Energy (TSE:SU)
Dec 09Suncor Energy (TSE:SU) Will Pay A Larger Dividend Than Last Year At CA$0.545
Nov 18Suncor Energy Inc. (TSE:SU) Shares Could Be 37% Below Their Intrinsic Value Estimate
Nov 03These 4 Measures Indicate That Suncor Energy (TSE:SU) Is Using Debt Reasonably Well
Sep 16Is There An Opportunity With Suncor Energy Inc.'s (TSE:SU) 40% Undervaluation?
Aug 02These 4 Measures Indicate That Suncor Energy (TSE:SU) Is Using Debt Reasonably Well
Jun 16We Ran A Stock Scan For Earnings Growth And Suncor Energy (TSE:SU) Passed With Ease
May 17Financial 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).