Suncor Energy (TSX:SU) Equity-to-Asset

: 0.49 (As of Dec. 2023)

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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Suncor Energy's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$43,279 Mil. Suncor Energy's Total Assets for the quarter that ended in Dec. 2023 was C$88,539 Mil. Therefore, Suncor Energy's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.49.

The historical rank and industry rank for Suncor Energy's Equity-to-Asset or its related term are showing as below:

TSX:SU' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.42 Med: 0.49 Max: 0.52
Current: 0.49

During the past 13 years, the highest Equity to Asset Ratio of Suncor Energy was 0.52. The lowest was 0.42. And the median was 0.49.

TSX:SU's Equity-to-Asset is ranked worse than
51.33% of 1089 companies
in the Oil & Gas industry
Industry Median: 0.5 vs TSX:SU: 0.49

Suncor Energy Equity-to-Asset Historical Data

The historical data trend for Suncor Energy's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Suncor Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.47

0.42

0.44

0.47

0.49

Suncor Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset																0.47	0.47	0.48	0.49	0.49

Competitive Comparison

For the Oil & Gas Integrated subindustry, Suncor Energy's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Suncor Energy Equity-to-Asset Distribution

For the Oil & Gas industry and Energy sector, Suncor Energy's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Suncor Energy's Equity-to-Asset falls into.

Suncor Energy Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Suncor Energy's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	43279	/	88539
	=	0.49

Suncor Energy's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	43279	/	88539
	=	0.49

Suncor Energy (TSX:SU) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.

Suncor Energy Equity-to-Asset Related Terms

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Suncor Energy (TSX:SU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Suncor Energy Inc (TSX:SU) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

SU:USA SUU:Mexico SM3:Germany SM3:Germany

Address

150 - 6th Avenue S.W., P.O. Box 2844, Calgary, AB, CAN, T2P 3E3

Website

https://www.suncor.com

Suncor Energy Inc is an integrated energy company. The company's operations include oil sands development, production and upgrading, offshore oil and gas, petroleum refining in Canada and the U.S. and the company's Petro-Canada retail and wholesale distribution networks. The company is developing petroleum resources while advancing the transition to a low-emissions future through investment in power, renewable fuels and hydrogen. It also conducts energy trading activities focused principally on the marketing and trading of crude oil, natural gas, byproducts, refined products and power.