Source Rock Royalties Balance Sheet Health
Financial Health criteria checks 6/6
Source Rock Royalties has a total shareholder equity of CA$27.0M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$27.5M and CA$463.1K respectively. Source Rock Royalties's EBIT is CA$2.0M making its interest coverage ratio -4.1. It has cash and short-term investments of CA$8.4M.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | -4.1x |
| Cash | CA$8.42m |
| Equity | CA$26.99m |
| Total liabilities | CA$463.13k |
| Total assets | CA$27.46m |
Recent financial health updates
No updates
Recent updates
Source Rock Royalties (CVE:SRR) Is Paying Out A Dividend Of CA$0.006
Mar 18
Source 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$9.9M) exceed its short term liabilities (CA$463.1K).
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.