Source Rock Royalties Balance Sheet Health
Financial Health criteria checks 6/6
Source Rock Royalties has a total shareholder equity of CA$25.9M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$26.7M and CA$810.2K respectively. Source Rock Royalties's EBIT is CA$1.8M making its interest coverage ratio -10.4. It has cash and short-term investments of CA$3.9M.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | -10.4x |
| Cash | CA$3.87m |
| Equity | CA$25.90m |
| Total liabilities | CA$810.17k |
| Total assets | CA$26.71m |
Recent financial health updates
No updates
Recent updates
Source Rock Royalties (CVE:SRR) Is Due To Pay A Dividend Of CA$0.0065
Jun 20
Earnings Troubles May Signal Larger Issues for Source Rock Royalties (CVE:SRR) Shareholders
Apr 26Source Rock Royalties (CVE:SRR) Is Increasing Its Dividend To CA$0.0065
Apr 25Source Rock Royalties (CVE:SRR) Is Paying Out A Dividend Of CA$0.006
Mar 18Source Rock Royalties (CVE:SRR) Is Due To Pay A Dividend Of CA$0.0055
Sep 19Source Rock Royalties (CVE:SRR) Is Looking To Continue Growing Its Returns On Capital
Aug 16We Think Source Rock Royalties' (CVE:SRR) Robust Earnings Are Conservative
Sep 06Financial Position Analysis
Short Term Liabilities: SRR's short term assets (CA$5.1M) exceed its short term liabilities (CA$810.2K).
Long Term Liabilities: SRR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: SRR is debt free.
Reducing Debt: SRR has not had any debt for past 5 years.
Debt Coverage: SRR has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SRR has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 05:19 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
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Industry and Sector Metrics
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Analyst Sources
Source Rock Royalties Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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