Keg Royalties Income Fund Balance Sheet Health
Financial Health criteria checks 2/6
Keg Royalties Income Fund has a total shareholder equity of CA$106.8M and total debt of CA$146.9M, which brings its debt-to-equity ratio to 137.5%. Its total assets and total liabilities are CA$261.0M and CA$154.2M respectively. Keg Royalties Income Fund's EBIT is CA$33.6M making its interest coverage ratio 2.3. It has cash and short-term investments of CA$2.5M.
Key information
137.5%
Debt to equity ratio
CA$146.87m
Debt
Interest coverage ratio | 2.3x |
Cash | CA$2.52m |
Equity | CA$106.83m |
Total liabilities | CA$154.15m |
Total assets | CA$260.99m |
Recent financial health updates
No updates
Recent updates
Keg Royalties Income Fund (TSE:KEG.UN) Is Paying Out A Dividend Of CA$0.0946
Mar 17Keg Royalties Income Fund (TSE:KEG.UN) Is Paying Out A Dividend Of CA$0.0946
Dec 16Keg Royalties Income Fund (TSE:KEG.UN) Is Paying Out A Dividend Of CA$0.0946
Nov 19Keg Royalties Income Fund (TSE:KEG.UN) Is Paying Out A Dividend Of CA$0.0946
Oct 19Keg Royalties Income Fund (TSE:KEG.UN) Is Paying Out A Dividend Of CA$0.0946
Sep 17Keg Royalties Income Fund (TSE:KEG.UN) Will Pay A Dividend Of CA$0.035
Jun 17What Kind Of Investors Own Most Of The Keg Royalties Income Fund (TSE:KEG.UN)?
Mar 15Who Has Been Selling The Keg Royalties Income Fund (TSE:KEG.UN) Shares?
Jan 22Could The The Keg Royalties Income Fund (TSE:KEG.UN) Ownership Structure Tell Us Something Useful?
Nov 30Financial Position Analysis
Short Term Liabilities: KEG.UN's short term assets (CA$7.0M) exceed its short term liabilities (CA$4.6M).
Long Term Liabilities: KEG.UN's short term assets (CA$7.0M) do not cover its long term liabilities (CA$149.5M).
Debt to Equity History and Analysis
Debt Level: KEG.UN's net debt to equity ratio (135.1%) is considered high.
Reducing Debt: KEG.UN's debt to equity ratio has reduced from 140.1% to 137.5% over the past 5 years.
Debt Coverage: KEG.UN's debt is not well covered by operating cash flow (18.3%).
Interest Coverage: KEG.UN's interest payments on its debt are not well covered by EBIT (2.3x coverage).