Strathcona Resources (TSX:SCR) Debt-to-EBITDA : 2.31 (As of Mar. 2026) — 37% Above Median

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TSX:SCR Strathcona Resources Ltd TSX:SCR
40 GF Score
Price C$39.22
GF Value C$30.36
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Strathcona Resources Debt-to-EBITDA?

Strathcona Resources TSX:SCR -0.18% 40 Debt-to-EBITDA is 2.31 as of Mar. 2026, which is 37% above its 10-year median of 1.69. GuruFocus rates TSX:SCR with a GF Score™ of 40/100 and a GF Value™ of C$30.36 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 705 Oil & Gas companies, Strathcona Resources ranks worse than 51.06% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Strathcona Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was C$24 Mil. Strathcona Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was C$2,150 Mil. Strathcona Resources's annualized EBITDA for the quarter that ended in Mar. 2026 was C$940 Mil. Strathcona Resources's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 2.31.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

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

TSX:SCR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.58   Med: 1.69   Max: 2.2
Current: 2.07

During the past 4 years, the highest Debt-to-EBITDA Ratio of Strathcona Resources was 2.20. The lowest was 1.58. And the median was 1.69.

TSX:SCR's Debt-to-EBITDA is ranked worse than
51.06% of 705 companies
in the Oil & Gas industry
Industry Median: 2.01 vs TSX:SCR: 2.07

Strathcona Resources  (TSX:SCR) Debt-to-EBITDA Explanation

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


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Strathcona Resources Debt-to-EBITDA Related Terms


Strathcona Resources Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Strathcona Resources's Debt-to-EBITDA 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.

Strathcona Resources Debt-to-EBITDA Chart

Strathcona Resources Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
2.20 1.68 1.58 1.69

Strathcona Resources Quarterly Data
Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.78 1.93 0.86 27.95 2.31

TSX:SCR vs COP, EOG, FANG: Debt-to-EBITDA Comparison

For the Oil & Gas E&P subindustry, Strathcona Resources's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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.


Strathcona Resources Debt-to-EBITDA vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Strathcona Resources's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Strathcona Resources's Debt-to-EBITDA falls into.


TSX:SCR
40GF Score
Strathcona Resources Ltd TSX:SCR
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Strathcona Resources Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Strathcona Resources's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(29 + 2140) / 1282
=1.69

Strathcona Resources's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(24 + 2150) / 940
=2.31

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 2.31 mean?
Strathcona Resources (TSX:SCR) has a Debt-to-EBITDA of 2.31 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Strathcona Resources. This is 37% above median its historical median of 1.69. Over the past decade, Strathcona Resources' Debt-to-EBITDA has ranged from 1.58 to 2.20. According to the industry distribution chart, Strathcona Resources ranks #360 out of 705 companies in the Oil & Gas industry, placing it in the top 51.1%.
Is Strathcona Resources' Debt-to-EBITDA too high?
Strathcona Resources' current Debt-to-EBITDA of 2.31 is 37% above median its 10-year median of 1.69. Over the past 10 years, this metric has ranged from a low of 1.58 to a high of 2.20. The Oil & Gas industry median Debt-to-EBITDA is 2.01. Strathcona Resources' value of 2.31 is 14.9% above this industry median. Based on the distribution chart, Strathcona Resources ranks #360 out of 705 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Strathcona Resources has a GF Score™ of 40/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Strathcona Resources' Debt-to-EBITDA compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Strathcona Resources ranks #360 out of 705 companies for Debt-to-EBITDA. This places Strathcona Resources in the lower half of its industry. The industry median Debt-to-EBITDA is 2.01. Strathcona Resources' value of 2.31 is 14.9% above this benchmark. Historically, Strathcona Resources' own Debt-to-EBITDA has ranged from 1.58 to 2.20 over the past decade. While the company's 10-year median is 1.69 vs. the industry median of 2.01, Strathcona Resources has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Oil & Gas company?
The median Debt-to-EBITDA among Oil & Gas companies is 2.01, based on 705 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Strathcona Resources's current Debt-to-EBITDA of 2.31 is 14.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Strathcona Resources. For the Oil & Gas industry, the median Debt-to-EBITDA is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Strathcona Resources's current Debt-to-EBITDA is 2.31, which is 37% above median its own 10-year median of 1.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Strathcona Resources stock overvalued right now?
Based on GuruFocus' analysis, Strathcona Resources (TSX:SCR) is currently considered Modestly Overvalued. The stock's GF Value™ is C$30.36, compared to a current price of C$39.22 — trading 29.2% above its estimated fair value. The current Debt-to-EBITDA is 2.31, which is 37% above median its 10-year median of 1.69 and 14.9% above the Oil & Gas industry median of 2.01. Strathcona Resources' overall GF Score™ is 40/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Strathcona Resources (TSX:SCR), the current Debt-to-EBITDA is 2.31 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Strathcona Resources (TSX:SCR) Overvalued in 2026?

Based on GuruFocus' analysis, Strathcona Resources stock appears to be overvalued. The current stock price of C$39.22 is trading 29.2% above its estimated GF Value™ of C$30.36. GuruFocus considers Strathcona Resources to be Modestly Overvalued.

Key valuation signals for TSX:SCR:

  • Debt-to-EBITDA: 2.31 (37% above median its 10-year median of 1.69)
  • GF Value™: C$30.36 vs. price of C$39.22 (29.2% above fair value)
  • GF Score™: 40/100 with 3 warning signs
  • Industry Position: 14.9% above the Oil & Gas median (#360 of 705)

No single metric tells the full story. See the TSX:SCR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Strathcona Resources Business Description

Industry EnergyOil & Gas
Other Exchanges STHRF:USAYE20:Germany
Address 421-7th Avenue S.W, Suite 1900, Calgary, AB, CAN, T2P4K9
Strathcona Resources Ltd is an energy company, it is a consolidator and developer of oil and gas assets. It has three segments: Cold Lake, which includes the development and production of bitumen in the Cold Lake region of Northern Alberta; Lloydminster Thermal, which includes the development and production of heavy oil through thermal steam-assisted gravity drainage methods in Southwest Saskatchewan; and Lloydminster Conventional, which includes the development and production of heavy oil through both conventional and enhanced oil recovery initiatives in Southeast Alberta and Southwest Saskatchewan.
40GF Score

Get the complete analysis for TSX:SCR

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$39.22
Price
C$30.36
GF Value