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
SunOpta (NASDAQ:STKL) Takes On Some Risk With Its Use Of Debt
Jun 27
Does SunOpta (NASDAQ:STKL) Have A Healthy Balance Sheet?
Nov 24Is SunOpta (NASDAQ:STKL) A Risky Investment?
Jun 17Recent updates
Investors Aren't Entirely Convinced By SunOpta Inc.'s (NASDAQ:STKL) Revenues
Apr 13Calculating The Intrinsic Value Of SunOpta Inc. (NASDAQ:STKL)
Mar 01SunOpta Inc.'s (NASDAQ:STKL) Shares May Have Run Too Fast Too Soon
Dec 23SunOpta (NASDAQ:STKL) Is Doing The Right Things To Multiply Its Share Price
Nov 10Returns On Capital At SunOpta (NASDAQ:STKL) Have Stalled
Aug 08SunOpta Inc.'s (NASDAQ:STKL) Subdued P/S Might Signal An Opportunity
Jul 18SunOpta (NASDAQ:STKL) Takes On Some Risk With Its Use Of Debt
Jun 27Capital Allocation Trends At SunOpta (NASDAQ:STKL) Aren't Ideal
Mar 03Does SunOpta (NASDAQ:STKL) Have A Healthy Balance Sheet?
Nov 24Returns On Capital At SunOpta (NASDAQ:STKL) Have Hit The Brakes
Nov 09SunOpta to sell sunflower & roasted snacks business to Pacific Avenue
Oct 13SunOpta Inc.'s (NASDAQ:STKL) Intrinsic Value Is Potentially 93% Above Its Share Price
Aug 12SunOpta Inc. Just Recorded A 11% Revenue Beat: Here's What Analysts Think
Aug 12SunOpta: Fairly Valued Today But Potentially Attractive For Speculators In The Future
Jul 04Is SunOpta (NASDAQ:STKL) A Risky Investment?
Jun 17Here's What's Concerning About SunOpta's (NASDAQ:STKL) Returns On Capital
May 05SunOpta: Turning In The Right Direction
Feb 19SunOpta signs new $250M asset-based credit facility with a $75M term loan; reduces net debt by ~$355M
Jan 04Financial Position Analysis
Short Term Liabilities: STKL's short term assets ($184.2M) exceed its short term liabilities ($154.4M).
Long Term Liabilities: STKL's short term assets ($184.2M) do not cover its long term liabilities ($339.5M).
Debt to Equity History and Analysis
Debt Level: STKL's net debt to equity ratio (129.8%) is considered high.
Reducing Debt: STKL'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: STKL has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if STKL has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.