Strathcona Resources Balance Sheet Health
Financial Health criteria checks 3/6
Strathcona Resources has a total shareholder equity of CA$5.3B and total debt of CA$2.7B, which brings its debt-to-equity ratio to 50.8%. Its total assets and total liabilities are CA$10.5B and CA$5.2B respectively. Strathcona Resources's EBIT is CA$1.1B making its interest coverage ratio 4.2. It has cash and short-term investments of CA$17.8M.
Key information
50.8%
Debt to equity ratio
CA$2.70b
Debt
Interest coverage ratio | 4.2x |
Cash | CA$17.80m |
Equity | CA$5.33b |
Total liabilities | CA$5.17b |
Total assets | CA$10.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: STHR.F's short term assets (CA$447.3M) do not cover its short term liabilities (CA$1.1B).
Long Term Liabilities: STHR.F's short term assets (CA$447.3M) do not cover its long term liabilities (CA$4.1B).
Debt to Equity History and Analysis
Debt Level: STHR.F's net debt to equity ratio (50.4%) is considered high.
Reducing Debt: STHR.F's debt to equity ratio has reduced from 70% to 50.8% over the past 5 years.
Debt Coverage: STHR.F's debt is well covered by operating cash flow (56.4%).
Interest Coverage: STHR.F's interest payments on its debt are well covered by EBIT (4.2x coverage).