SunOpta Balance Sheet Health
Financial Health criteria checks 2/6
SunOpta has a total shareholder equity of $176.2M and total debt of $237.6M, which brings its debt-to-equity ratio to 134.9%. Its total assets and total liabilities are $699.3M and $523.2M respectively. SunOpta's EBIT is $35.4M making its interest coverage ratio 1.4. It has cash and short-term investments of $2.9M.
Key information
134.9%
Debt to equity ratio
US$237.61m
Debt
Interest coverage ratio | 1.4x |
Cash | US$2.93m |
Equity | US$176.16m |
Total liabilities | US$523.16m |
Total assets | US$699.33m |
Recent financial health updates
SunOpta (NASDAQ:STKL) Takes On Some Risk With Its Use Of Debt
Jun 27Does SunOpta (NASDAQ:STKL) Have A Healthy Balance Sheet?
Nov 24Is SunOpta (NASDAQ:STKL) A Risky Investment?
Jun 17Recent updates
Even With A 25% Surge, Cautious Investors Are Not Rewarding SunOpta Inc.'s (NASDAQ:STKL) Performance Completely
Nov 07Returns On Capital Are Showing Encouraging Signs At SunOpta (NASDAQ:STKL)
Nov 01Are Investors Undervaluing SunOpta Inc. (NASDAQ:STKL) By 50%?
Oct 04SunOpta Inc. (NASDAQ:STKL) Screens Well But There Might Be A Catch
Aug 09Returns Are Gaining Momentum At SunOpta (NASDAQ:STKL)
May 22Investors 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 05Financial Position Analysis
Short Term Liabilities: STKL's short term assets ($192.9M) exceed its short term liabilities ($161.4M).
Long Term Liabilities: STKL's short term assets ($192.9M) do not cover its long term liabilities ($361.8M).
Debt to Equity History and Analysis
Debt Level: STKL's net debt to equity ratio (133.2%) is considered high.
Reducing Debt: STKL's debt to equity ratio has reduced from 229.6% to 134.9% 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.