SunOpta Financial Health
Financial Health criteria checks 2/6
SunOpta has a total shareholder equity of $343.5M and total debt of $211.3M, which brings its debt-to-equity ratio to 61.5%. Its total assets and total liabilities are $878.1M and $534.6M respectively. SunOpta's EBIT is $34.4M making its interest coverage ratio 1.9. It has cash and short-term investments of $910.0K.
Key information
61.5%
Debt to equity ratio
US$211.29m
Debt
| Interest coverage ratio | 1.9x |
| Cash | US$910.00k |
| Equity | US$343.50m |
| Total liabilities | US$534.62m |
| Total assets | US$878.13m |
Recent financial health updates
Does SunOpta (NASDAQ:STKL) Have A Healthy Balance Sheet?
Nov 24
Is SunOpta (NASDAQ:STKL) A Risky Investment?
Jun 17Recent updates
Capital 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 04SunOpta to offload its Global Ingredients business to Amsterdam Commodities N.V. for €330M
Nov 10SunOpta -7% despite posting margin improvements to Q3 earnings beat
Oct 29Financial Position Analysis
Short Term Liabilities: STKL's short term assets ($306.7M) exceed its short term liabilities ($175.6M).
Long Term Liabilities: STKL's short term assets ($306.7M) do not cover its long term liabilities ($359.0M).
Debt to Equity History and Analysis
Debt Level: STKL's net debt to equity ratio (61.2%) is considered high.
Reducing Debt: STKL's debt to equity ratio has reduced from 145% to 61.5% 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.