SunOpta Balance Sheet Health

Financial Health criteria checks 2/6

SunOpta has a total shareholder equity of $183.2M and total debt of $225.3M, which brings its debt-to-equity ratio to 123%. Its total assets and total liabilities are $671.8M and $488.6M respectively. SunOpta's EBIT is $35.1M making its interest coverage ratio 1.4. It has cash and short-term investments of $1.5M.

Key information

123.0%

Debt to equity ratio

US$225.30m

Debt

Interest coverage ratio1.4x
CashUS$1.49m
EquityUS$183.18m
Total liabilitiesUS$488.59m
Total assetsUS$671.76m

Recent financial health updates

Recent updates

Returns Are Gaining Momentum At SunOpta (NASDAQ:STKL)

May 22
Returns Are Gaining Momentum At SunOpta (NASDAQ:STKL)

Investors Aren't Entirely Convinced By SunOpta Inc.'s (NASDAQ:STKL) Revenues

Apr 13
Investors Aren't Entirely Convinced By SunOpta Inc.'s (NASDAQ:STKL) Revenues

Calculating The Intrinsic Value Of SunOpta Inc. (NASDAQ:STKL)

Mar 01
Calculating The Intrinsic Value Of SunOpta Inc. (NASDAQ:STKL)

SunOpta Inc.'s (NASDAQ:STKL) Shares May Have Run Too Fast Too Soon

Dec 23
SunOpta Inc.'s (NASDAQ:STKL) Shares May Have Run Too Fast Too Soon

SunOpta (NASDAQ:STKL) Is Doing The Right Things To Multiply Its Share Price

Nov 10
SunOpta (NASDAQ:STKL) Is Doing The Right Things To Multiply Its Share Price

Returns On Capital At SunOpta (NASDAQ:STKL) Have Stalled

Aug 08
Returns On Capital At SunOpta (NASDAQ:STKL) Have Stalled

SunOpta Inc.'s (NASDAQ:STKL) Subdued P/S Might Signal An Opportunity

Jul 18
SunOpta Inc.'s (NASDAQ:STKL) Subdued P/S Might Signal An Opportunity

SunOpta (NASDAQ:STKL) Takes On Some Risk With Its Use Of Debt

Jun 27
SunOpta (NASDAQ:STKL) Takes On Some Risk With Its Use Of Debt

Capital Allocation Trends At SunOpta (NASDAQ:STKL) Aren't Ideal

Mar 03
Capital Allocation Trends At SunOpta (NASDAQ:STKL) Aren't Ideal

Does SunOpta (NASDAQ:STKL) Have A Healthy Balance Sheet?

Nov 24
Does SunOpta (NASDAQ:STKL) Have A Healthy Balance Sheet?

Returns On Capital At SunOpta (NASDAQ:STKL) Have Hit The Brakes

Nov 09
Returns On Capital At SunOpta (NASDAQ:STKL) Have Hit The Brakes

SunOpta to sell sunflower & roasted snacks business to Pacific Avenue

Oct 13

SunOpta Inc.'s (NASDAQ:STKL) Intrinsic Value Is Potentially 93% Above Its Share Price

Aug 12
SunOpta Inc.'s (NASDAQ:STKL) Intrinsic Value Is Potentially 93% Above Its Share Price

SunOpta Inc. Just Recorded A 11% Revenue Beat: Here's What Analysts Think

Aug 12
SunOpta Inc. Just Recorded A 11% Revenue Beat: Here's What Analysts Think

SunOpta: Fairly Valued Today But Potentially Attractive For Speculators In The Future

Jul 04

Is SunOpta (NASDAQ:STKL) A Risky Investment?

Jun 17
Is SunOpta (NASDAQ:STKL) A Risky Investment?

Here's What's Concerning About SunOpta's (NASDAQ:STKL) Returns On Capital

May 05
Here's What's Concerning About SunOpta's (NASDAQ:STKL) Returns On Capital

SunOpta: Turning In The Right Direction

Feb 19

Financial Position Analysis

Short Term Liabilities: STKL's short term assets ($188.4M) exceed its short term liabilities ($153.8M).

Long Term Liabilities: STKL's short term assets ($188.4M) do not cover its long term liabilities ($334.8M).


Debt to Equity History and Analysis

Debt Level: STKL's net debt to equity ratio (122.2%) is considered high.

Reducing Debt: STKL's debt to equity ratio has reduced from 191.1% to 123% 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.


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