SunOpta Balance Sheet Health
Financial Health criteria checks 2/6
SunOpta has a total shareholder equity of $175.5M and total debt of $228.2M, which brings its debt-to-equity ratio to 130%. Its total assets and total liabilities are $669.4M and $493.9M respectively. SunOpta's EBIT is $31.5M making its interest coverage ratio 1.2. It has cash and short-term investments of $306.0K.
Key information
130.0%
Debt to equity ratio
US$228.20m
Debt
Interest coverage ratio | 1.2x |
Cash | US$306.00k |
Equity | US$175.53m |
Total liabilities | US$493.89m |
Total assets | US$669.42m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZSK's short term assets ($184.2M) exceed its short term liabilities ($154.4M).
Long Term Liabilities: ZSK's short term assets ($184.2M) do not cover its long term liabilities ($339.5M).
Debt to Equity History and Analysis
Debt Level: ZSK's net debt to equity ratio (129.8%) is considered high.
Reducing Debt: ZSK's debt to equity ratio has reduced from 238.7% to 130% 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: ZSK has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ZSK has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.