Tomer Energy Royalties (2012) Balance Sheet Health
Financial Health criteria checks 2/6
Tomer Energy Royalties (2012) has a total shareholder equity of $96.7M and total debt of $74.7M, which brings its debt-to-equity ratio to 77.2%. Its total assets and total liabilities are $179.2M and $82.6M respectively. Tomer Energy Royalties (2012)'s EBIT is $8.6M making its interest coverage ratio 2.8. It has cash and short-term investments of $11.5M.
Key information
77.2%
Debt to equity ratio
US$74.66m
Debt
| Interest coverage ratio | 2.8x |
| Cash | US$11.46m |
| Equity | US$96.68m |
| Total liabilities | US$82.56m |
| Total assets | US$179.23m |
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 ($14.2M) exceed its short term liabilities ($13.9M).
Long Term Liabilities: TOEN's short term assets ($14.2M) do not cover its long term liabilities ($68.7M).
Debt to Equity History and Analysis
Debt Level: TOEN's net debt to equity ratio (65.4%) is considered high.
Reducing Debt: TOEN's debt to equity ratio has reduced from 125.5% to 77.2% over the past 5 years.
Debt Coverage: TOEN's debt is not well covered by operating cash flow (18.7%).
Interest Coverage: TOEN's interest payments on its debt are not well covered by EBIT (2.8x coverage).