Tomer Energy Royalties (2012) Balance Sheet Health
Financial Health criteria checks 3/6
Tomer Energy Royalties (2012) has a total shareholder equity of $99.0M and total debt of $56.4M, which brings its debt-to-equity ratio to 56.9%. Its total assets and total liabilities are $161.9M and $62.9M respectively. Tomer Energy Royalties (2012)'s EBIT is $9.2M making its interest coverage ratio 4. It has cash and short-term investments of $16.2M.
Key information
56.9%
Debt to equity ratio
US$56.36m
Debt
| Interest coverage ratio | 4x |
| Cash | US$16.21m |
| Equity | US$98.97m |
| Total liabilities | US$62.95m |
| Total assets | US$161.92m |
Recent financial health updates
Is Tomer Energy Royalties (2012) (TLV:TOEN) Using Too Much Debt?
Sep 29
Is Tomer Energy Royalties (2012) (TLV:TOEN) Using Too Much Debt?
Feb 22Is Delek Royalties (2012) (TLV:DLRL) Using Too Much Debt?
Mar 02Recent updates
Here's What's Concerning About Tomer Energy Royalties (2012)'s (TLV:TOEN) Returns On Capital
Mar 29Tomer Energy Royalties (2012) Ltd's (TLV:TOEN) Popularity With Investors Is Under Threat From Overpricing
Feb 19Tomer Energy Royalties (2012) (TLV:TOEN) May Have Issues Allocating Its Capital
Nov 10Is Tomer Energy Royalties (2012) (TLV:TOEN) Using Too Much Debt?
Sep 29Tomer Energy Royalties (2012) (TLV:TOEN) Will Be Hoping To Turn Its Returns On Capital Around
Aug 05Is Tomer Energy Royalties (2012) (TLV:TOEN) Using Too Much Debt?
Feb 22Here's What's Concerning About Delek Royalties (2012)'s (TLV:DLRL) Returns On Capital
Apr 30Is Delek Royalties (2012) (TLV:DLRL) Using Too Much Debt?
Mar 02Is Delek Royalties (2012) (TLV:DLRL) Shrinking?
Jan 09Financial Position Analysis
Short Term Liabilities: TOEN's short term assets ($19.6M) exceed its short term liabilities ($10.2M).
Long Term Liabilities: TOEN's short term assets ($19.6M) do not cover its long term liabilities ($52.7M).
Debt to Equity History and Analysis
Debt Level: TOEN's net debt to equity ratio (40.6%) is considered high.
Reducing Debt: TOEN's debt to equity ratio has reduced from 158.5% to 56.9% over the past 5 years.
Debt Coverage: TOEN's debt is not well covered by operating cash flow (20%).
Interest Coverage: TOEN's interest payments on its debt are well covered by EBIT (4x coverage).