Freehold Royalties Balance Sheet Health
Financial Health criteria checks 4/6
Freehold Royalties has a total shareholder equity of CA$924.3M and total debt of CA$228.0M, which brings its debt-to-equity ratio to 24.7%. Its total assets and total liabilities are CA$1.2B and CA$296.9M respectively. Freehold Royalties's EBIT is CA$197.1M making its interest coverage ratio 15.3. It has cash and short-term investments of CA$702.0K.
Key information
24.7%
Debt to equity ratio
CA$228.02m
Debt
Interest coverage ratio | 15.3x |
Cash | CA$702.00k |
Equity | CA$924.33m |
Total liabilities | CA$296.92m |
Total assets | CA$1.22b |
Recent financial health updates
We Think Freehold Royalties (TSE:FRU) Can Stay On Top Of Its Debt
Dec 21Is 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
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 02Here's Why We Think Freehold Royalties (TSE:FRU) Is Well Worth Watching
Nov 08Financial Position Analysis
Short Term Liabilities: FRU's short term assets (CA$56.5M) exceed its short term liabilities (CA$27.6M).
Long Term Liabilities: FRU's short term assets (CA$56.5M) do not cover its long term liabilities (CA$269.4M).
Debt to Equity History and Analysis
Debt Level: FRU's net debt to equity ratio (24.6%) is considered satisfactory.
Reducing Debt: FRU's debt to equity ratio has increased from 15.1% to 24.7% over the past 5 years.
Debt Coverage: FRU's debt is well covered by operating cash flow (98.4%).
Interest Coverage: FRU's interest payments on its debt are well covered by EBIT (15.3x coverage).