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Suncor Energy stock: balance sheet and debt

SU
$69.29Closing price of 12 Nov 2026MEQIRI Score 78 out of 100

Suncor Energy has a debt to equity ratio of 0.32 and an interest coverage of 11.7x.

Daily figure as of 13 Nov 2026

Debt / Equity
0.32
Interest coverage
11.7x
Current ratio
1.39
Cash & equivalents
$2.56B
Total assets
$63.1B
Equity ratio
50.2%
Goodwill
$2.42B
Net debt
$7.62B

Total assets and equity ratio

How large the balance sheet of Suncor Energy Inc. is, how much of it is equity and how much is goodwill from acquisitions.

Equity ratio

Figures as a table
YearTotal assetsGoodwill and intangible assetsof which goodwillEquity ratioNet debt
2006$13.18Bnot reported separatelynot reported separately47.7%$1.31B
2007$16.96Bnot reported separatelynot reported separately48.1%$2.28B
2008$22.83Bnot reported separatelynot reported separately44.6%$5.07B
2009$48.95B$2.41B$2.25B48.9%$9.39B
2010$49.25B$2.25B$2.25B52.3%$7.8B
2011$52.48B$2.19B$2.04B51.6%$4.9B
2012$53.65B$2.2B$2.05B51.3%$4.65B
2013$54.96B$2.17B$2.04B52.6%$4.39B
2014$55.91B$2.16B$2.04B52.2%$5.5B
2015$54.41B$2.16B$2.04B50.4%$7.9B
2016$62.25B$2.16B$2.04B50.3%$10.12B
2017$62.81B$2.15B$2.03B50.7%$9.06B
2018$62.87B$2.15B$2.03B49.1%$10.62B
2019$62.77B$2.15B$2.03B47.0%$11.24B
2020$59.39B$2.34B$2.03B42.3%$14.21B
2021$58.77B$2.47B$2.03B43.7%$11.63B
2022$59.39B$2.52B$2.03B46.5%$9.86B
2023$62.14B$2.48B$2.03B48.9%$9.88B
2024$63.01B$2.46B$2.03B49.6%$7.86B
2025$63.1B$2.42B$2.42B50.2%$7.62B

The equity ratio divides total equity, including non-controlling interests, by total assets. Net debt is debt minus cash and short-term investments; a negative figure means cash exceeds debt.

Equity and debt

What the company owns and owes

  • Cash & equivalents
  • Equity
  • Debt
Figures as a table
YearCash & equivalentsEquityDebtDebt / Equity
2006$365.46M$6.28B$1.68B0.27
2007$399.33M$8.15B$2.68B0.33
2008$463.2M$10.19B$5.53B0.54
2009$354.42M$23.94B$9.74B0.41
2010$755.86M$25.77B$8.55B0.33
2011$2.67B$27.09B$7.56B0.28
2012$3.08B$27.53B$7.74B0.28
2013$3.65B$28.9B$8.04B0.28
2014$3.86B$29.2B$9.35B0.32
2015$2.84B$27.4B$10.74B0.39
2016$2.12B$31.32B$12.23B0.39
2017$1.88B$31.85B$10.93B0.34
2018$1.56B$30.88B$12.18B0.39
2019$1.38B$29.51B$12.61B0.43
2020$1.32B$25.09B$15.53B0.62
2021$1.55B$25.7B$13.18B0.51
2022$1.39B$27.63B$11.25B0.41
2023$1.21B$30.37B$11.09B0.37
2024$2.45B$31.24B$10.31B0.33
2025$2.56B$31.67B$10.18B0.32

Data status and sources

Score
Daily value of 13 Nov 2026, recalculated nightly
Price
Closing price of 12 Nov 2026
Latest annual report
Fiscal year 2025, period end 31 Dec 2025
Currency
Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = CA$1.4249)
Source
Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.

Mandatory disclosures for this rating

  • ; time horizon around 12 months
  • Rated Strong, published since 7 Nov 2026 (in the score history since 30 Apr 2022)
  • Valuation signal Fairly valued since 7 Nov 2026
  • End-of-day prices, metrics cached for up to 24 hours
  • Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
  • Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
  • Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.

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