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Suncor Ratios

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Suncor is one of the biggest energy company in North America. Their strong resources base, healthy financial income, and their loyal shareholders make Sunco one of the finest Energy company in the world. Suncor 2013 income statement in their financial report shows that Suncor has a satisfactory net income of $3.91 billion, which is the revenue the company earns after all direct costs and operating expenses. Suncor also has a very strong resource base that the company can use to generate profit and generate their business activity. According to the Suncor Annual balance sheet, Suncor has a total asset of $78.315 billion. Even though Suncor’s total asset is no where close to their competition Exxon Mobil and Chevron Corporation, a significant …show more content…

The debt to equity ratio have a direct relationship with the company’s financial, liquidity situation the company is facing. Moreover, the higher the debt to equity ratio the company has, the more liability the company has. In addition, Suncor also has a very healthy cash flow ratio. The analysis of cash flow can be relate to the organization’s liquidity situation. According to the Suncor 2014 Third Quarter Report Suncor had a quarterly operating cash flow of $2.280 billion, and an increment of free cash flow to $3.082 billion by the end of September 30, 2014 (Suncor Third Quarter Report 2014, Suncor) . Not to mention, Suncor also have numbers of investor and shareholder that are investing in the company. Suncor decent growth and expand have attracted a lot of out coming investor. Since 1992, Suncor started IPO to support the company’s expansion and growth. Suncor share price had risen from $2.38 per share in 1992 to $36.86 today as in 2014 November. In 2011, Suncor has buy-back an addition $2 billion of its share, this lead to a 54% percent increase in their dividend, this also outlined its confident of the company’s future, and their promising return to shareholder. (The Globe

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= (Cash & Short term investments + Accounts Receivables)/Current Liabilities This ratio shows the amount of assets available that the company can quickly convert to cash. 2013 = (2.11B + 2.63B)/8.88B = 0.53 2014 =

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