Freehold Royalties Balance Sheet Health
Financial Health criteria checks 4/6
Freehold Royalties has a total shareholder equity of CA$923.8M and total debt of CA$123.0M, which brings its debt-to-equity ratio to 13.3%. Its total assets and total liabilities are CA$1.1B and CA$194.7M respectively. Freehold Royalties's EBIT is CA$189.2M making its interest coverage ratio 18.7. It has cash and short-term investments of CA$702.0K.
Key information
13.3%
Debt to equity ratio
CA$122.97m
Debt
| Interest coverage ratio | 18.7x |
| Cash | CA$702.00k |
| Equity | CA$923.76m |
| Total liabilities | CA$194.66m |
| Total assets | CA$1.12b |
Recent financial health updates
We Think Freehold Royalties (TSE:FRU) Can Stay On Top Of Its Debt
Dec 21
Is Freehold Royalties (TSE:FRU) A Risky Investment?
May 06We Think Freehold Royalties (TSE:FRU) Can Stay On Top Of Its Debt
Feb 02Freehold Royalties (TSE:FRU) Has A Pretty Healthy Balance Sheet
Aug 05Recent updates
Freehold Royalties (TSE:FRU) Is Paying Out A Dividend Of CA$0.09
Apr 20Freehold Royalties (TSE:FRU) Will Pay A Dividend Of CA$0.09
Mar 06Freehold Royalties (TSE:FRU) Will Pay A Dividend Of CA$0.09
Feb 19Freehold Royalties (TSE:FRU) Has Affirmed Its Dividend Of CA$0.09
Jan 20We Think Freehold Royalties (TSE:FRU) Can Stay On Top Of Its Debt
Dec 21A Look At The Intrinsic Value Of Freehold Royalties Ltd. (TSE:FRU)
Oct 17Freehold Royalties (TSE:FRU) Has Affirmed Its Dividend Of CA$0.09
Oct 17Freehold Royalties (TSE:FRU) Will Pay A Dividend Of CA$0.09
Aug 28Freehold Royalties (TSE:FRU) Is Paying Out A Dividend Of CA$0.09
Jul 16An Intrinsic Calculation For Freehold Royalties Ltd. (TSE:FRU) Suggests It's 35% Undervalued
Jun 02Freehold Royalties (TSE:FRU) Will Pay A Dividend Of CA$0.09
May 15Is Freehold Royalties (TSE:FRU) A Risky Investment?
May 06Freehold Royalties' (TSE:FRU) Dividend Will Be CA$0.09
Apr 18If EPS Growth Is Important To You, Freehold Royalties (TSE:FRU) Presents An Opportunity
Mar 25Freehold Royalties (TSE:FRU) Is Paying Out A Dividend Of CA$0.09
Mar 05We Think Freehold Royalties (TSE:FRU) Can Stay On Top Of Its Debt
Feb 02Here's Why We Think Freehold Royalties (TSE:FRU) Is Well Worth Watching
Nov 08Freehold Royalties' (TSE:FRU) Dividend Will Be Increased To CA$0.09
Aug 14Freehold Royalties (TSE:FRU) Has A Pretty Healthy Balance Sheet
Aug 05Industry Analysts Just Made A Meaningful Upgrade To Their Freehold Royalties Ltd. (TSE:FRU) Revenue Forecasts
Jul 10Freehold Royalties Ltd. (TSE:FRU) Shares Could Be 44% Below Their Intrinsic Value Estimate
Jul 06Financial Position Analysis
Short Term Liabilities: FRU's short term assets (CA$55.4M) exceed its short term liabilities (CA$26.1M).
Long Term Liabilities: FRU's short term assets (CA$55.4M) do not cover its long term liabilities (CA$168.6M).
Debt to Equity History and Analysis
Debt Level: FRU's net debt to equity ratio (13.2%) is considered satisfactory.
Reducing Debt: FRU's debt to equity ratio has increased from 11.6% to 13.3% over the past 5 years.
Debt Coverage: FRU's debt is well covered by operating cash flow (176.4%).
Interest Coverage: FRU's interest payments on its debt are well covered by EBIT (18.7x coverage).