Suncor Historical Balance Sheet

SU Stock  CAD 55.71  0.06  0.11%   
Trend analysis of Suncor Energy balance sheet accounts such as Total Stockholder Equity of 22.4 B, Property Plant And Equipment Net of 37.3 B, Net Debt of 7.3 B or Retained Earnings of 10.2 B provides information on Suncor Energy's total assets, liabilities, and equity, which is the actual value of Suncor Energy to its prevalent stockholders. By breaking down trends over time using Suncor Energy balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Suncor Energy latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Suncor Energy is a good buy for the upcoming year.

Suncor Energy Inventory

5.63 Billion

  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Suncor Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Suncor Stock, please use our How to Invest in Suncor Energy guide.

About Suncor Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Suncor Energy at a specified time, usually calculated after every quarter, six months, or one year. Suncor Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Suncor Energy and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Suncor currently owns. An asset can also be divided into two categories, current and non-current.

Suncor Energy Balance Sheet Chart

At this time, Suncor Energy's Property Plant And Equipment Gross is very stable compared to the past year. As of the 30th of November 2024, Total Current Assets is likely to grow to about 14.5 B, while Total Assets are likely to drop about 46.3 B.

Total Assets

Total assets refers to the total amount of Suncor Energy assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Suncor Energy books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most accounts from Suncor Energy's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Suncor Energy current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Suncor Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Suncor Stock, please use our How to Invest in Suncor Energy guide.At this time, Suncor Energy's Property Plant And Equipment Gross is very stable compared to the past year. As of the 30th of November 2024, Total Current Assets is likely to grow to about 14.5 B, while Total Assets are likely to drop about 46.3 B.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total18.4B15.6B15.8B8.8B
Total Assets83.7B84.6B88.5B46.3B

Suncor Energy balance sheet Correlations

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0.890.340.760.780.920.960.380.410.120.92-0.050.120.190.730.970.42-0.40.950.40.30.710.780.160.30.0
0.570.340.590.610.490.210.670.90.430.50.310.430.840.460.460.86-0.190.510.760.91-0.040.250.650.540.18
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0.990.920.490.840.950.810.660.550.351.0-0.070.350.30.870.980.47-0.370.980.40.460.550.640.160.150.27
0.760.960.210.650.610.810.150.31-0.170.810.0-0.170.090.570.890.37-0.40.860.430.120.770.890.120.38-0.2
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0.630.410.90.720.640.550.310.660.340.580.480.340.910.550.530.95-0.030.590.780.910.090.290.540.580.17
0.430.120.430.360.560.35-0.170.790.340.35-0.181.00.340.530.260.170.020.29-0.130.6-0.21-0.40.14-0.30.7
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0.01-0.050.310.060.02-0.070.00.060.48-0.18-0.01-0.180.490.03-0.010.510.630.010.420.33-0.180.10.370.38-0.19
0.430.120.430.360.560.35-0.170.790.341.00.35-0.180.340.530.260.170.020.29-0.130.6-0.21-0.40.14-0.30.7
0.410.190.840.560.420.30.090.550.910.340.330.490.340.30.310.930.020.380.740.94-0.030.050.690.650.13
0.870.730.460.760.880.870.570.660.550.530.870.030.530.30.810.39-0.090.820.20.490.440.340.15-0.080.5
0.970.970.460.830.90.980.890.570.530.260.98-0.010.260.310.810.5-0.360.990.430.440.590.710.20.270.14
0.540.420.860.630.510.470.370.490.950.170.50.510.170.930.390.5-0.140.550.890.870.160.390.630.77-0.05
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0.980.950.510.90.910.980.860.610.590.290.980.010.290.380.820.990.55-0.320.450.50.60.660.230.290.17
0.430.40.760.460.380.40.430.310.78-0.130.420.42-0.130.740.20.430.89-0.340.450.640.240.590.610.8-0.3
0.570.30.910.640.610.460.120.740.910.60.480.330.60.940.490.440.87-0.050.50.64-0.030.030.660.480.32
0.490.71-0.040.570.340.550.77-0.090.09-0.210.54-0.18-0.21-0.030.440.590.16-0.30.60.24-0.030.570.090.23-0.2
0.570.780.250.410.440.640.890.030.29-0.40.640.1-0.40.050.340.710.39-0.480.660.590.030.570.080.48-0.43
0.240.160.650.310.240.160.120.270.540.140.190.370.140.690.150.20.630.010.230.610.660.090.080.510.06
0.190.30.540.340.070.150.38-0.050.58-0.30.170.38-0.30.65-0.080.270.77-0.230.290.80.480.230.480.51-0.59
0.30.00.180.260.430.27-0.20.580.170.70.26-0.190.70.130.50.14-0.050.140.17-0.30.32-0.2-0.430.06-0.59
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Suncor Energy Account Relationship Matchups

Suncor Energy balance sheet Accounts

201920202021202220232024 (projected)
Total Assets89.4B84.6B83.7B84.6B88.5B46.3B
Short Long Term Debt Total18.0B21.7B18.4B15.6B15.8B8.8B
Other Current Liab631M527M779M1.1B983M1.0B
Total Current Liabilities10.5B10.5B10.4B12.9B9.6B5.5B
Total Stockholder Equity42.0B35.8B36.6B39.4B43.3B22.4B
Property Plant And Equipment Net75.1B70.4B67.8B64.6B67.7B37.3B
Net Debt16.0B19.8B16.1B13.6B14.1B7.3B
Retained Earnings15.4B9.1B11.5B15.6B20.0B10.2B
Accounts Payable6.6B4.7B6.5B8.2B7.7B8.1B
Cash2.0B1.9B2.2B2.0B1.7B1.6B
Non Current Assets Total79.5B75.2B72.8B70.1B74.7B39.9B
Non Currrent Assets Other905M954M916M1.0B3.0B3.1B
Cash And Short Term Investments2.0B1.9B2.2B2.0B1.7B1.6B
Net Receivables4.2B3.9B4.7B6.3B6.7B7.1B
Common Stock Shares Outstanding1.6B1.5B1.5B1.4B1.3B1.3B
Liabilities And Stockholders Equity89.4B84.6B83.7B84.6B88.5B46.3B
Non Current Liabilities Total36.9B38.3B36.7B32.4B35.7B18.4B
Inventory3.8B3.6B4.1B5.1B5.4B5.6B
Other Stockholder Equity566M591M612M571M569M540.6M
Total Liab47.4B48.9B47.1B45.3B45.3B23.9B
Property Plant And Equipment Gross75.1B70.4B67.8B129.2B127.3B133.7B
Total Current Assets9.9B9.4B11.0B14.5B13.8B14.5B
Accumulated Other Comprehensive Income899M877M814M974M1.0B1.1B
Short Term Debt2.5B5.3B1.8B3.1B842M904.8M
Other Assets1.1B1.2B1.1B1.1B1.3B760.0M
Other Current Assets227M880M251M1.2B1.0B1.1B
Intangible Assets166M436M631M694M636M667.8M
Current Deferred Revenue425M535M1.2B41M47.2M44.8M
Common Stock25.2B25.1B23.7B22.3B21.7B25.2B
Other Liab21.4B21.9B20.2B19.5B22.4B21.5B
Net Tangible Assets39.0B32.4B33.1B35.8B32.2B30.2B
Long Term Debt12.9B13.8B14.0B9.8B11.1B13.7B
Long Term Investments289M323M391M758M490M388.6M
Short Long Term Debt2.2B5.0B1.5B2.8B494M469.3M
Property Plant Equipment75.1B70.4B67.8B64.6B74.3B75.7B
Long Term Debt Total15.5B16.4B16.5B12.5B11.2B11.9B
Capital Surpluse566M591M612M571M656.7M634.1M

Pair Trading with Suncor Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Suncor Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Suncor Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with Suncor Stock

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Moving against Suncor Stock

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The ability to find closely correlated positions to Suncor Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Suncor Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Suncor Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Suncor Energy to buy it.
The correlation of Suncor Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Suncor Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Suncor Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Suncor Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Suncor Energy is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Suncor Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Suncor Energy Stock. Highlighted below are key reports to facilitate an investment decision about Suncor Energy Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Suncor Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Suncor Stock, please use our How to Invest in Suncor Energy guide.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Please note, there is a significant difference between Suncor Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Suncor Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Suncor Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.