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
No updates
Recent updates
Suncor Sets New Records, Here's Why You Should Invest
Jan 13Suncor: Maybe The Best Buying Opportunity One Might Get For A While
Dec 20Suncor Energy: Significant FCF Generation In Q3, Supported By Decline Rates In The Industry
Nov 13Suncor Energy: The Best Is Yet To Come
Oct 16Cashing In On Suncor: A High-Yield Oil Play Too Good To Ignore
Sep 12Suncor's Growing Buybacks Can Push Shares Higher
Aug 11Suncor Energy: Soaring Buybacks And Dividends
Jul 06Dividend Growth And Buybacks - Why Suncor Remains One Of My Best Ideas In Energy
May 19Suncor Energy: Still Not Too Late To Buy
Apr 29Suncor Energy: Turnaround Story Not Reflected In The Share Price
Apr 17Suncor Digs Out Strong Total Return With 6% Production Growth
Mar 12Suncor Energy Looks Undervalued Against Peers
Feb 073 Reasons Why We Prefer Whitecap Resources Over Suncor Energy Today
Jan 09Suncor Energy: Integrated Model Makes Shares Attractive
Jan 03Suncor Energy: An FCF Rockstar
Dec 18Suncor Energy: Navigating Oil And Gas Challenges With Strong Fundamentals
Nov 28Suncor Energy's Shareholder Return Potential Is Impressive - 13% At $80 WTI
Nov 09Suncor Energy: Oil Prices Spiking As This 4.5% Yield Beast Becomes A Buy
Oct 25Suncor Energy: 5 Reasons It's Going Higher
Oct 17Suncor Energy Looks Golden
Sep 21Suncor Energy: Ride The Potential Global Oil Price Spike
Sep 14Suncor: A 5% Yield, Massive Buyback Potential, And Way Undervalued
Aug 17Suncor Energy: A Dividend Stalwart With Staying Power
Jul 28Suncor Energy: Canadian Oil Has Strength
Jul 17Suncor Energy: It Is Not The Right Time To Buy
Jun 09Suncor Energy declares CAD 0.52 dividend
Feb 15Suncor: Very Cheap And Offering A High Yield
Jan 24Suncor Energy: Getting Left Behind By Its Energy Peers
Dec 19Suncor Energy raises dividend by 11% to C$0.52
Nov 16Global Crude Production Peaked In 2018, Which Is Why Suncor Makes Up A Fifth Of My Portfolio
Nov 10Financial 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 | 2025/02/02 09:19 |
| End of Day Share Price | 2025/01/31 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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 52 analysts. 7 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 |