Keg Royalties Income Fund Financial Health
How is Keg Royalties Income Fund's financial position?
Financial Health Score2/6
Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: KEG.UN's short term assets (CA$6.1M) exceed its short term liabilities (CA$2.9M).
Long Term Liabilities: KEG.UN's short term assets (CA$6.1M) do not cover its long term liabilities (CA$154.5M).
Debt to Equity History and Analysis
Debt Level: KEG.UN's net debt to equity ratio (147.8%) is considered high.
Reducing Debt: KEG.UN's debt to equity ratio has reduced from 179.2% to 150.5% over the past 5 years.
Debt Coverage: KEG.UN's debt is not well covered by operating cash flow (16.7%).
Interest Coverage: KEG.UN's interest payments on its debt are not well covered by EBIT (2.4x coverage).