SunOpta (SunOpta) Debt-to-Equity

: 2.36 (As of Dec. 2023)

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SunOpta's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $40.2 Mil. SunOpta's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $339.0 Mil. SunOpta's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $161.0 Mil. SunOpta's debt to equity for the quarter that ended in Dec. 2023 was 2.35.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

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

STKL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.24 Med: 1.19 Max: 2.6
Current: 2.36

During the past 13 years, the highest Debt-to-Equity Ratio of SunOpta was 2.60. The lowest was 0.24. And the median was 1.19.

STKL's Debt-to-Equity is ranked worse than
94.87% of 1637 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs STKL: 2.36

SunOpta Debt-to-Equity Historical Data

The historical data trend for SunOpta's Debt-to-Equity 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.

SunOpta Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

2.60

0.35

0.90

1.24

2.36

SunOpta Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity																1.24	1.26	1.27	2.23	2.36

Competitive Comparison

For the Packaged Foods subindustry, SunOpta's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

SunOpta Debt-to-Equity Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, SunOpta's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where SunOpta's Debt-to-Equity falls into.

SunOpta Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SunOpta's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(40.154	+	338.985)	/	161.025
	=	2.35

SunOpta's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(40.154	+	338.985)	/	161.025
	=	2.35

SunOpta (NAS:STKL) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

SunOpta Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of SunOpta's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

SunOpta (SunOpta) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » SunOpta Inc (NAS:STKL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ZSK:Germany SOY:Canada

Address

7078 Shady Oak Road, Eden Prairie, MN, USA, 55344

Website

https://www.sunopta.com

SunOpta Inc is a Canadian company that focuses on a healthy product portfolio. The company's operating segment includes Plant-Based Foods and Beverages and Fruit-Based Foods and Beverages. It generates maximum revenue from the Plant-Based Foods and Beverages segment. Plant-Based Foods and Beverages include plant-based beverages and liquid and dry ingredients (utilizing almond, soy) as well as broths, teas, and nutritional beverages. Fruit-Based Foods and Beverages include individually quick frozen(IQF) fruit for retail(including strawberries, mango), IQF and bulk frozen fruit for foodservice (including purees, fruit cups, and smoothies), and custom fruit preparations for industrial use. Geographically, it derives a majority of revenue from the United States.

Executives

Greg Gaba	officer: Chief Financial Officer	7078 SHADY OAK ROAD, EDEN PRAIRIE MN 55344
Lovas Katrina Houde	director	9 SCHOLFIELD AVENUE, TORONTO, ONTARIO CANADA A6 00000
Chad Hagen	officer: Chief Customer Officer	7078 SHADY OAK ROAD, EDEN PRAIRIE MN 55344
Joseph Ennen	director, officer: CEO	SUNOPTA, 7301 OHMS LANE, SUITE 600, EDINA MN 55439
Bryan P Clark	officer: SVP Research Development & QA	7078 SHADY OAK ROAD, EDEN PRAIRIE MN 55344
Diego Reynoso	director	7078 SHADY OAK ROAD, EDEN PRAIRIE MN 55344
Mike Buick	officer: SVP, Beverage and Snack	7301 OHMS LANE SUITE 600, EDINA MN 55439
David Largey	officer: Chief Quality Officer	7301 OHMS LANE, SUITE 600, EDINA MN 55439
Rebecca Fisher	director	837 DEWBERRY LANE, FAIRVIEW TX 75069
Barend Reijn	officer: General Manager of CPG Fruit	7301 OHMS LANE, SUITE 600, EDINA MN 55439
Jill Barnett	officer: General Counsel	SUNOPTA INC., 7301 OHMS LANE, SUITE 600, EDINA MN 55439
Engaged Capital Llc	10 percent owner	610 NEWPORT CENTER DRIVE, SUITE 950, NEWPORT BEACH CA 92660
Robert Duchscher	officer: Chief Information Officer	7301 OHMS LANE, SUITE 600, EDINA MN 55439
Chris Whitehair	officer: SVP, Operations	7301 OHMS LANE SUITE 600, EDINA MN 55439
Mahes Wickramasinghe	director	2334 MISSISSAUGA ROAD, MISSISSAUGA A6 L5H2L1