Sunshine Oilsands Balance Sheet Health
Financial Health criteria checks 0/6
Sunshine Oilsands has a total shareholder equity of CA$91.0M and total debt of CA$349.1M, which brings its debt-to-equity ratio to 383.5%. Its total assets and total liabilities are CA$745.9M and CA$654.9M respectively.
Key information
383.5%
Debt to equity ratio
CA$349.13m
Debt
Interest coverage ratio | n/a |
Cash | CA$1.02m |
Equity | CA$91.05m |
Total liabilities | CA$654.89m |
Total assets | CA$745.93m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2012's short term assets (CA$6.0M) do not cover its short term liabilities (CA$85.4M).
Long Term Liabilities: 2012's short term assets (CA$6.0M) do not cover its long term liabilities (CA$569.5M).
Debt to Equity History and Analysis
Debt Level: 2012's net debt to equity ratio (382.3%) is considered high.
Reducing Debt: 2012's debt to equity ratio has increased from 117.3% to 383.5% 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: 2012 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 2012 has less than a year of cash runway if free cash flow continues to grow at historical rates of 13.1% each year.