Freehold Royalties Balance Sheet Health
Financial Health criteria checks 4/6
Freehold Royalties has a total shareholder equity of CA$904.6M and total debt of CA$205.8M, which brings its debt-to-equity ratio to 22.7%. Its total assets and total liabilities are CA$1.2B and CA$276.6M respectively. Freehold Royalties's EBIT is CA$187.7M making its interest coverage ratio 13.7. It has cash and short-term investments of CA$702.0K.
Key information
22.7%
Debt to equity ratio
CA$205.76m
Debt
| Interest coverage ratio | 13.7x |
| Cash | CA$702.00k |
| Equity | CA$904.65m |
| Total liabilities | CA$276.56m |
| Total assets | CA$1.18b |
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 02Recent updates
Freehold Royalties (TSE:FRU) Has Announced A Dividend Of CA$0.09
Oct 21Freehold Royalties (TSE:FRU) Has Affirmed Its Dividend Of CA$0.09
Sep 17Freehold Royalties (TSE:FRU) Has Announced A Dividend Of CA$0.09
Aug 15Freehold Royalties (TSE:FRU) Will Pay A Dividend Of CA$0.09
Jul 23Freehold Royalties (TSE:FRU) Is Due To Pay A Dividend Of CA$0.09
Jun 18Freehold Royalties (TSE:FRU) Has Affirmed Its Dividend Of CA$0.09
May 24Freehold Royalties (TSE:FRU) Has Announced A Dividend Of CA$0.09
May 10Freehold 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 02Financial Position Analysis
Short Term Liabilities: FRU's short term assets (CA$47.3M) exceed its short term liabilities (CA$28.7M).
Long Term Liabilities: FRU's short term assets (CA$47.3M) do not cover its long term liabilities (CA$247.9M).
Debt to Equity History and Analysis
Debt Level: FRU's net debt to equity ratio (22.7%) is considered satisfactory.
Reducing Debt: FRU's debt to equity ratio has increased from 16.1% to 22.7% over the past 5 years.
Debt Coverage: FRU's debt is well covered by operating cash flow (114.2%).
Interest Coverage: FRU's interest payments on its debt are well covered by EBIT (13.7x coverage).