Cash flow Strathcona Resources Ltd.

Equities

SCR

CA8629521086

Oil & Gas Exploration and Production

Market Closed - Toronto S.E. Other stock markets 15:59:58 2024-09-11 EDT			5-day change	1st Jan Change
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08-14	Transcript : Strathcona Resources Ltd., Q2 2024 Earnings Call, Aug 14, 2024
08-14	North American Morning Briefing : Investors Wait on Inflation News	DJ

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Published financial data: STRATHCONA RESOURCES LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2015	2016	2017	2022	2023
Revenues	387M	284M	338M	3.74B	4.24B
Other Revenues, Total	106K	187K	353K	5.3M	1M
Total Revenues	387M	284M	338M	3.75B	4.24B
Cost of Goods Sold, Total	243M	193M	200M	2.05B	2.38B
Gross Profit	144M	91.66M	138M	1.69B	1.85B
Selling General & Admin Expenses, Total	21.18M	21.58M	17.75M	68.8M	91.9M
Stock-Based Compensation (IS)	13.41M	9.64M	12.02M	-	-
Depreciation & Amortization - (IS)	149M	128M	121M	396M	733M
Impairment of Oil, Gas & Mineral Properties - (IS)	110M	-	75.62M	-	-
Other Operating Expenses	-101M	77.4M	-13.96M	198M	-40.9M
Other Operating Expenses, Total	193M	236M	213M	662M	784M
Operating Income	-49.41M	-145M	-75.31M	1.03B	1.07B
Interest Expense, Total	-32.94M	-29.74M	-28.41M	-130M	-253M
Net Interest Expenses	-32.94M	-29.74M	-28.41M	-130M	-253M
Income (Loss) On Equity Invest.	-	-	-	11.3M	-
Currency Exchange Gains (Loss)	-54.38M	11.55M	20.21M	-43.7M	22.1M
Other Non Operating Income (Expenses)	-	-	-48K	-	-
EBT, Excl. Unusual Items	-137M	-163M	-83.56M	868M	840M
Merger & Related Restructuring Charges	-	-	-	-11.2M	-3.8M
Gain (Loss) On Sale Of Investments	-	-	-	-700K	200K
Gain (Loss) On Sale Of Assets	-	-108M	-	-	-
Other Unusual Items	-	-	-8.78M	131M	-
EBT, Incl. Unusual Items	-137M	-271M	-92.33M	986M	836M
Income Tax Expense	-12.56M	-74.74M	-5.34M	-372M	249M
Earnings From Continuing Operations	-124M	-196M	-87M	1.36B	587M
Net Income to Company	-124M	-196M	-87M	1.36B	587M
Net Income - (IS)	-124M	-196M	-87M	1.36B	587M
Net Income to Common Incl Extra Items	-124M	-196M	-87M	1.36B	587M
Net Income to Common Excl. Extra Items	-124M	-196M	-87M	1.36B	587M
Per Share Items
Net EPS - Basic	-16.93	-24.47	-12.43	0.63	2.94
Basic EPS - Continuing Operations	-16.93	-24.47	-12.43	0.63	2.94
Basic Weighted Average Shares Outstanding	7.33M	8.02M	7M	2.14B	200M
Net EPS - Diluted	-16.93	-24.47	-12.51	0.63	2.94
Diluted EPS - Continuing Operations	-16.93	-24.47	-12.51	0.63	2.94
Diluted Weighted Average Shares Outstanding	7.33M	8.02M	7M	2.14B	200M
Normalized Basic EPS	-11.65	-12.71	-7.46	0.25	2.63
Normalized Diluted EPS	-11.65	-12.71	-7.46	0.25	2.63
Dividend Per Share	0.76	0.46	0.14	-	-
Payout Ratio	-21.09	-7.26	-19.61	-	-
Supplemental Items
EBITDA	214M	-14.18M	126M	1.43B	1.77B
EBITA	-43.47M	-141M	-69.93M	1.03B	1.07B
EBIT	-49.41M	-145M	-75.31M	1.03B	1.07B
EBITDAR	218M	-	-	-	-
Total Revenues (As Reported)	492M	214M	356M	3.56B	4.31B
Effective Tax Rate - (Ratio)	9.19	27.59	5.78	-37.71	29.8
Total Current Taxes	-	-	-	-	-46.9M
Deferred Domestic Taxes	-12.56M	-74.74M	-5.34M	-	-
Total Deferred Taxes	-12.56M	-74.74M	-5.34M	-372M	296M
Normalized Net Income	-85.46M	-102M	-52.22M	542M	525M
Interest on Long-Term Debt	32.94M	29.74M	28.41M	130M	252M
Supplemental Operating Expense Items
General and Administrative Expenses	21.18M	21.58M	17.75M	68.8M	91.9M
Net Rental Expense, Total	3.43M	-	-	-	-
Imputed Operating Lease Interest Expense	2.39M	-	-	-	-
Imputed Operating Lease Depreciation	1.04M	-	-	-	-
Stock-Based Comp., Other (Total)	13.41M	9.64M	12.02M	-	-
Total Stock-Based Compensation	13.41M	9.64M	12.02M	-	-

Fiscal Period: December	2015	2016	2017	2022	2023
Assets
Cash And Equivalents	6.16M	131M	-	34.3M	-
Trading Asset Securities, Total	-	-	-	-	17.8M
Total Cash And Short Term Investments	6.16M	131M	-	34.3M	17.8M
Accounts Receivable, Total	31.36M	41.69M	43.09M	299M	335M
Total Receivables	31.36M	41.69M	43.09M	299M	335M
Inventory	1.58M	1.59M	1.85M	64.2M	43.3M
Prepaid Expenses	1.05M	1.15M	1.91M	10M	28.1M
Other Current Assets, Total	93.57M	4.77M	101M	13.8M	23.5M
Total Current Assets	134M	180M	148M	421M	447M
Gross Property Plant And Equipment	2.31B	2.11B	1.03B	10.13B	12.17B
Accumulated Depreciation	-771M	-830M	-	-1.41B	-2.14B
Net Property Plant And Equipment	1.54B	1.28B	1.03B	8.72B	10.03B
Other Intangibles, Total	12.3M	11.17M	10.04M	-	-
Deferred Charges Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	17.83M	-	-	18.9M	19.5M
Total Assets	1.7B	1.48B	1.19B	9.16B	10.5B
Liabilities
Accounts Payable, Total	53.81M	49.91M	47.66M	653M	784M
Accrued Expenses, Total	791K	927K	209K	-	-
Current Portion of Long-Term Debt	-	-	-	295M	39.6M
Current Portion of Leases	-	-	-	32.4M	43.8M
Unearned Revenue Current, Total	-	-	-	50M	37.5M
Other Current Liabilities	4.51M	29.32M	93.09M	144M	162M
Total Current Liabilities	59.11M	80.16M	141M	1.17B	1.07B
Long-Term Debt	377M	366M	321M	2.75B	2.66B
Long-Term Leases	-	-	-	224M	362M
Deferred Tax Liability Non Current	80.08M	5.34M	-	445M	741M
Other Non Current Liabilities	201M	240M	132M	370M	334M
Total Liabilities	717M	692M	594M	4.96B	5.17B
Common Stock, Total	1.08B	1.13B	1.04B	3.05B	3.59B
Additional Paid In Capital	15.09M	15.96M	14.36M	49.9M	49.9M
Retained Earnings	-112M	-363M	-464M	1.1B	1.69B
Comprehensive Income and Other	-	-	-	-	-
Total Common Equity	987M	784M	594M	4.2B	5.33B
Total Equity	987M	784M	594M	4.2B	5.33B
Total Liabilities And Equity	1.7B	1.48B	1.19B	9.16B	10.5B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	115M	123M	101M	8.13B	214M
ECS Total Common Shares Outstanding	113M	123M	101M	8.13B	214M
Book Value / Share	8.75	6.35	5.88	0.52	24.87
Tangible Book Value	974M	773M	583M	4.2B	5.33B
Tangible Book Value Per Share	8.64	6.26	5.78	0.52	24.87
Total Debt	377M	366M	321M	3.3B	3.11B
Net Debt	370M	235M	321M	3.27B	3.09B
Debt Equivalent Oper. Leases	27.43M	-	-	-	-
Account Code - Inventory Valuation	5	5	5	-	5
Full Time Employees	254	197	193	-	-
Part Time Employees	7	4	4	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	216K	129K	139K	1.8M	1.6M

Fiscal Period: December	2015	2016	2017	2022	2023
Net Income	-124M	-196M	-87M	1.36B	587M
Depreciation & Amortization - CF	148M	127M	120M	408M	729M
Amortization of Goodwill and Intangible Assets - (CF)	5.94M	3.91M	5.38M	-	-
Impairment of Oil, Gas & Mineral Properties - (CF)	110M	-	75.62M	-	-
Depreciation & Amortization, Total	264M	131M	201M	408M	729M
Amortization of Deferred Charges, Total - (CF)	936K	936K	1.91M	8.9M	13M
(Gain) Loss From Sale Of Asset	-	108M	-	-	-
(Income) Loss On Equity Investments - (CF)	-	-	-	-11.3M	-
Stock-Based Compensation (CF)	10.12M	9.64M	12.02M	-	-
Other Operating Activities, Total	9.62M	78.15M	-55.09M	-564M	191M
Change in Other Net Operating Assets	18.46M	-13.77M	-4.57M	256M	4.3M
Cash from Operations	179M	117M	68.6M	1.46B	1.52B
Capital Expenditure	-70.03M	-51.76M	-57.93M	-621M	-1.03B
Sale of Property, Plant, and Equipment	-	73.27M	1.7M	900K	-
Cash Acquisitions	-	-	-	-2.3B	-
Sale (Purchase) of Intangible assets	-1K	-	-	-	-
Investment in Marketable and Equity Securities, Total	-	-	-	-156M	-
Other Investing Activities, Total	-10.09M	324K	-141K	32.9M	27.4M
Cash from Investing	-80.13M	21.83M	-56.38M	-3.04B	-999M
Long-Term Debt Issued, Total	-	-	348M	2.23B	375M
Total Debt Issued	-	-	348M	2.23B	375M
Short Term Debt Repaid, Total	-	-	-	-25M	-
Long-Term Debt Repaid, Total	-66.89M	-	-371M	-558M	-932M
Total Debt Repaid	-66.89M	-	-371M	-583M	-932M
Issuance of Common Stock	-	-	-	1.7M	700K
Repurchase of Common Stock	-	-	-90M	-400K	-
Common Dividends Paid	-26.19M	-14.25M	-17.06M	-	-
Common & Preferred Stock Dividends Paid	-26.19M	-14.25M	-17.06M	-	-
Other Financing Activities, Total	540K	-	-13.78M	-27.5M	-4.1M
Cash from Financing	-92.54M	-14.25M	-143M	1.62B	-560M
Net Change in Cash	6.16M	125M	-131M	34.3M	-34.3M
Supplemental Items
Cash Interest Paid	32.01M	30.28M	37.29M	99.4M	215M
Levered Free Cash Flow	143M	79.75M	54.42M	-	321M
Unlevered Free Cash Flow	163M	97.4M	70.26M	-	466M
Change In Net Working Capital	13.82M	-99.4M	38.08M	-	-94.3M
Net Debt Issued / Repaid	-66.89M	-	-22.46M	1.65B	-556M

Fiscal Period: December	2015	2016	2017	2022	2023
Profitability
Return on Assets	-1.72	-5.69	-3.53	-	6.81
Return on Total Capital	-2.16	-7.2	-4.56	-	8.4
Return On Equity %	-11.78	-22.16	-12.63	-	12.32
Return on Common Equity	-11.78	-22.16	-12.63	-	12.32
Margin Analysis
Gross Profit Margin %	37.12	32.25	40.72	45.16	43.76
SG&A Margin	5.47	7.59	5.25	1.84	2.17
EBITDA Margin %	55.42	-4.99	37.3	38.14	41.78
EBITA Margin %	-11.23	-49.57	-20.7	27.48	25.26
EBIT Margin %	-12.77	-50.95	-22.29	27.48	25.26
Income From Continuing Operations Margin %	-32.09	-69.03	-25.75	36.25	13.85
Net Income Margin %	-32.09	-69.03	-25.75	36.25	13.85
Net Avail. For Common Margin %	-32.09	-69.03	-25.75	36.25	13.85
Normalized Net Income Margin	-22.08	-35.84	-15.46	14.47	12.39
Levered Free Cash Flow Margin	36.93	28.06	16.1	-	7.56
Unlevered Free Cash Flow Margin	42.01	34.27	20.8	-	10.98
Asset Turnover
Asset Turnover	0.22	0.18	0.25	-	0.43
Fixed Assets Turnover	0.24	0.2	0.29	-	0.45
Receivables Turnover (Average Receivables)	7.85	7.78	7.96	-	13.37
Inventory Turnover (Average Inventory)	78.94	121.65	116.56	-	44.35
Short Term Liquidity
Current Ratio	2.26	2.25	1.05	0.36	0.42
Quick Ratio	0.63	2.16	0.31	0.28	0.33
Operating Cash Flow to Current Liabilities	3.03	1.46	0.49	1.24	1.43
Days Sales Outstanding (Average Receivables)	46.52	47.06	45.84	-	27.29
Days Outstanding Inventory (Average Inventory)	4.62	3.01	3.13	-	8.23
Average Days Payable Outstanding	103.33	98.57	88.78	-	110.95
Cash Conversion Cycle (Average Days)	-52.19	-48.5	-39.81	-	-75.43
Long Term Solvency
Total Debt/Equity	38.17	46.69	54.06	78.54	58.4
Total Debt / Total Capital	27.63	31.83	35.09	43.99	36.87
LT Debt/Equity	38.17	46.69	54.06	70.75	56.83
Long-Term Debt / Total Capital	27.63	31.83	35.09	39.63	35.88
Total Liabilities / Total Assets	42.08	46.87	50	54.15	49.25
EBIT / Interest Expense	-1.5	-4.87	-2.65	7.94	4.24
EBITDA / Interest Expense	6.51	-0.48	4.44	11.08	7.12
(EBITDA - Capex) / Interest Expense	4.38	-2.22	2.4	6.3	3.06
Total Debt / EBITDA	1.76	-25.83	2.55	2.3	1.73
Net Debt / EBITDA	1.73	-16.58	2.55	2.27	1.72
Total Debt / (EBITDA - Capex)	2.61	-5.55	4.71	4.04	4.03
Net Debt / (EBITDA - Capex)	2.56	-3.57	4.71	4	4
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-37.54	-26.55	18.88	-	13.13
Gross Profit, 1 Yr. Growth %	-53.82	-36.18	50.09	-	9.63
EBITDA, 1 Yr. Growth %	-15.76	-106.61	-988.91	-	23.92
EBITA, 1 Yr. Growth %	-142.58	224.16	-50.37	-	4
EBIT, 1 Yr. Growth %	-151.68	193.07	-47.99	-	4
Earnings From Cont. Operations, 1 Yr. Growth %	5.19K	58.02	-55.66	-	-56.77
Net Income, 1 Yr. Growth %	5.19K	58.02	-55.66	-	-56.77
Normalized Net Income, 1 Yr. Growth %	-374.06	19.21	-48.74	-	-3.16
Diluted EPS Before Extra, 1 Yr. Growth %	3.74K	44.52	-48.9	-	363.01
Accounts Receivable, 1 Yr. Growth %	-53.37	32.95	3.37	-	11.87
Inventory, 1 Yr. Growth %	-65.6	0.63	16.44	-	-32.55
Net Property, Plant and Equip., 1 Yr. Growth %	-10.77	-16.58	-19.89	-	14.97
Total Assets, 1 Yr. Growth %	-9.75	-13.36	-19.57	-	14.54
Tangible Book Value, 1 Yr. Growth %	-12.09	-20.66	-24.52	-	26.77
Common Equity, 1 Yr. Growth %	-12.05	-20.52	-24.31	-	26.77
Cash From Operations, 1 Yr. Growth %	-7.71	-34.39	-41.53	-	4.77
Capital Expenditures, 1 Yr. Growth %	-73.34	-26.1	12.61	-	65.37
Levered Free Cash Flow, 1 Yr. Growth %	-216.1	-44.19	-32.03	-