SunOpta Balance Sheet Health

Financial Health criteria checks 2/6

SunOpta has a total shareholder equity of $183.2M and total debt of $225.3M, which brings its debt-to-equity ratio to 123%. Its total assets and total liabilities are $671.8M and $488.6M respectively. SunOpta's EBIT is $35.1M making its interest coverage ratio 1.4. It has cash and short-term investments of $1.5M.

Key information

123.0%

Debt to equity ratio

US$225.30m

Debt

Interest coverage ratio1.4x
CashUS$1.49m
EquityUS$183.18m
Total liabilitiesUS$488.59m
Total assetsUS$671.76m

Recent financial health updates

Recent updates

We Think SunOpta (TSE:SOY) Is Taking Some Risk With Its Debt

Jan 11
We Think SunOpta (TSE:SOY) Is Taking Some Risk With Its Debt

Some Investors May Be Worried About SunOpta's (TSE:SOY) Returns On Capital

Nov 15
Some Investors May Be Worried About SunOpta's (TSE:SOY) Returns On Capital

We Think SunOpta (TSE:SOY) Is Taking Some Risk With Its Debt

Oct 05
We Think SunOpta (TSE:SOY) Is Taking Some Risk With Its Debt

Is SunOpta (TSE:SOY) Using Too Much Debt?

Apr 08
Is SunOpta (TSE:SOY) Using Too Much Debt?

The Returns On Capital At SunOpta (TSE:SOY) Don't Inspire Confidence

Mar 18
The Returns On Capital At SunOpta (TSE:SOY) Don't Inspire Confidence

When Can We Expect A Profit From SunOpta Inc. (TSE:SOY)?

Feb 25
When Can We Expect A Profit From SunOpta Inc. (TSE:SOY)?

What Kind Of Shareholders Own SunOpta Inc. (TSE:SOY)?

Jan 27
What Kind Of Shareholders Own SunOpta Inc. (TSE:SOY)?

SunOpta (TSE:SOY) Has A Somewhat Strained Balance Sheet

Dec 31
SunOpta (TSE:SOY) Has A Somewhat Strained Balance Sheet

If You Had Bought SunOpta (TSE:SOY) Stock A Year Ago, You Could Pocket A 270% Gain Today

Dec 10
If You Had Bought SunOpta (TSE:SOY) Stock A Year Ago, You Could Pocket A 270% Gain Today

SunOpta Inc.'s (TSE:SOY) Profit Outlook

Nov 19
SunOpta Inc.'s (TSE:SOY) Profit Outlook

Is SunOpta's (TSE:SOY) Share Price Gain Of 194% Well Earned?

Aug 27
Is SunOpta's (TSE:SOY) Share Price Gain Of 194% Well Earned?

Financial Position Analysis

Short Term Liabilities: SOY's short term assets ($188.4M) exceed its short term liabilities ($153.8M).

Long Term Liabilities: SOY's short term assets ($188.4M) do not cover its long term liabilities ($334.8M).


Debt to Equity History and Analysis

Debt Level: SOY's net debt to equity ratio (122.2%) is considered high.

Reducing Debt: SOY's debt to equity ratio has reduced from 191.1% to 123% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: SOY has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if SOY has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


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