PrairieSky Royalty Balance Sheet Health

Financial Health criteria checks 3/6

PrairieSky Royalty has a total shareholder equity of CA$2.8B and total debt of CA$174.6M, which brings its debt-to-equity ratio to 6.3%. Its total assets and total liabilities are CA$3.3B and CA$562.0M respectively.

Key information

6.3%

Debt to equity ratio

CA$174.60m

Debt

Interest coverage ratio	18x
Cash	n/a
Equity	CA$2.75b
Total liabilities	CA$562.00m
Total assets	CA$3.32b

Recent financial health updates

No updates

Recent updates

PrairieSky Royalty Ltd.'s (TSE:PSK) Intrinsic Value Is Potentially 46% Above Its Share Price

Jul 18

If You Like EPS Growth Then Check Out PrairieSky Royalty (TSE:PSK) Before It's Too Late

Jun 03

A Look At The Fair Value Of PrairieSky Royalty Ltd. (TSE:PSK)

Apr 19

PrairieSky Royalty's (TSE:PSK) Dividend Will Be Increased To CA$0.12

Mar 29

PrairieSky Royalty (TSE:PSK) Has Announced That It Will Be Increasing Its Dividend To CA$0.12

Mar 15

Industry Analysts Just Made A Captivating Upgrade To Their PrairieSky Royalty Ltd. (TSE:PSK) Revenue Forecasts

Dec 16

Is There An Opportunity With PrairieSky Royalty Ltd.'s (TSE:PSK) 31% Undervaluation?

Dec 10

PrairieSky Royalty's (TSE:PSK) Returns On Capital Are Heading Higher

Oct 11

PrairieSky Royalty (TSE:PSK) Will Pay A Larger Dividend Than Last Year At CA$0.09

Sep 11

Growth Investors: Industry Analysts Just Upgraded Their PrairieSky Royalty Ltd. (TSE:PSK) Revenue Forecasts By 12%

Apr 20

Here's Why Shareholders Should Examine PrairieSky Royalty Ltd.'s (TSE:PSK) CEO Compensation Package More Closely

Apr 14

Here's What PrairieSky Royalty Ltd.'s (TSE:PSK) Shareholder Ownership Structure Looks Like

Mar 12

Is PrairieSky Royalty (TSE:PSK) Struggling?

Feb 22

Financial Position Analysis

Short Term Liabilities: PSK's short term assets (CA$98.7M) do not cover its short term liabilities (CA$307.0M).

Long Term Liabilities: PSK's short term assets (CA$98.7M) do not cover its long term liabilities (CA$255.0M).

Debt to Equity History and Analysis

Debt Level: PSK's net debt to equity ratio (6.3%) is considered satisfactory.

Reducing Debt: PSK's debt to equity ratio has increased from 0.7% to 6.3% over the past 5 years.

Debt Coverage: PSK's debt is well covered by operating cash flow (218.4%).

Interest Coverage: PSK's interest payments on its debt are well covered by EBIT (18x coverage).

Balance Sheet

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PrairieSky Royalty Balance Sheet Health

Financial Health criteria checks 3/6

Key information

Recent financial health updates

Recent updates

First quarter 2024 earnings released: EPS: CA$0.20 (vs CA$0.24 in 1Q 2023)

PrairieSky Royalty Ltd. to Report Q2, 2024 Results on Jul 15, 2024

Upcoming dividend of CA$0.25 per share

Fourth quarter dividend increased to CA$0.25

PrairieSky Royalty Ltd. Declares Quarterly Dividend, Payable on April 15, 2024

Director recently bought CA$298k worth of stock

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

PrairieSky Royalty Ltd. Announces Increased Annual Dividend

Now 21% undervalued after recent price drop

Now 20% undervalued after recent price drop

Now 20% undervalued after recent price drop

Upcoming dividend of CA$0.24 per share at 4.1% yield

PrairieSky Royalty Ltd. to Report Q1, 2024 Results on Apr 22, 2024

PrairieSky Royalty Ltd. Declares Quarterly Dividend, Payable in Cash on January 15, 2024

PrairieSky Royalty Ltd. Appoints Glenn McNamara t to Board of Directors

Independent Director recently bought CA$744k worth of stock

Independent Director recently bought CA$449k worth of stock

Third quarter 2023 earnings released: EPS: CA$0.23 (vs CA$0.32 in 3Q 2022)

PrairieSky Royalty Ltd. Announces Board Changes

PrairieSky Royalty Ltd. Appoints Dan Bertram as Vice-President, Business Development and Chief Commercial Officer

Upcoming dividend of CA$0.24 per share at 3.8% yield

Prairiesky Royalty Ltd. Royalty Declares Quarterly Dividend, Payable on October 16, 2023

PrairieSky Royalty Ltd. Announces the Departure of Cameron Proctor, Chief Operating Officer

President exercised options to buy CA$460k worth of stock.

Second quarter 2023 earnings released: EPS: CA$0.20 (vs CA$0.46 in 2Q 2022)

Upcoming dividend of CA$0.24 per share at 4.1% yield

PrairieSky Royalty Ltd. Declares a Quarterly Dividend, Payable on July 17, 2023

Independent Director recently bought CA$208k worth of stock

First quarter 2023 earnings released: EPS: CA$0.24 (vs CA$0.27 in 1Q 2022)

Upcoming dividend of CA$0.24 per share at 4.5% yield

President recently bought CA$199k worth of stock

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

Upcoming dividend of CA$0.24 per share

PrairieSky Royalty Ltd. Declares Quarterly Dividend, Payable on January 16, 2023

Independent Director recently bought CA$106k worth of stock

COO & Corporate Secretary exercised options to buy CA$734k worth of stock.

Insufficient new directors

Insufficient new directors

Third quarter 2022 earnings released

PrairieSky Royalty Ltd. Announces Increase in Quarterly Dividend

PrairieSky Royalty Ltd., Annual General Meeting, Apr 18, 2023

Independent Chairman of the Board recently sold CA$286k worth of stock

Upcoming dividend of CA$0.12 per share

PrairieSky Royalty Ltd. Declares Quarterly Dividend, Payable on October 14, 2022

President recently bought CA$127k worth of stock

Second quarter 2022 earnings released: EPS: CA$0.46 (vs CA$0.12 in 2Q 2021)

PrairieSky Royalty Ltd.'s (TSE:PSK) Intrinsic Value Is Potentially 46% Above Its Share Price

Upcoming dividend of CA$0.12 per share

PrairieSky Royalty Declares Quarterly Dividend, Payable on July 15, 2022

If You Like EPS Growth Then Check Out PrairieSky Royalty (TSE:PSK) Before It's Too Late

Now 20% undervalued

President recently bought CA$67k worth of stock

COO & Corporate Secretary recently bought CA$52k worth of stock

First quarter 2022 earnings: Revenues exceed analyst expectations

A Look At The Fair Value Of PrairieSky Royalty Ltd. (TSE:PSK)

PrairieSky Royalty's (TSE:PSK) Dividend Will Be Increased To CA$0.12

Upcoming dividend of CA$0.12 per share

PrairieSky Royalty (TSE:PSK) Has Announced That It Will Be Increasing Its Dividend To CA$0.12

PrairieSky Royalty Ltd. Declares Quarterly Dividend, Payable on April 14, 2022

President recently bought CA$163k worth of stock

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

PrairieSky Royalty Ltd. Increase Annual Dividend for 2022, Payable Quarterly

Investor sentiment improved over the past week

Upcoming dividend of CA$0.09 per share

PrairieSky Royalty Ltd. has completed a Follow-on Equity Offering in the amount of CAD 230.0713 million.

Independent Director recently bought CA$658k worth of stock

PrairieSky Royalty Ltd. (TSX:PSK) completed the acquisition of Western Canadian Royalty Assets of Heritage Royalty for approximately CAD 730 million.

Industry Analysts Just Made A Captivating Upgrade To Their PrairieSky Royalty Ltd. (TSE:PSK) Revenue Forecasts

Is There An Opportunity With PrairieSky Royalty Ltd.'s (TSE:PSK) 31% Undervaluation?

PrairieSky Royalty Ltd. (TSX:PSK) entered into a definitive agreement to acquire Western Canadian Royalty Assets of Heritage Royalty for approximately CAD 730 million.

Third quarter 2021 earnings released: EPS CA$0.15 (vs CA$0.041 in 3Q 2020)

Price target increased to CA$18.91

PrairieSky Royalty's (TSE:PSK) Returns On Capital Are Heading Higher

Upcoming dividend of CA$0.09 per share

President recently bought CA$66k worth of stock