Tomer Energy Royalties (2012) Balance Sheet Health
Financial Health criteria checks 3/6
Tomer Energy Royalties (2012) has a total shareholder equity of $99.7M and total debt of $79.1M, which brings its debt-to-equity ratio to 79.3%. Its total assets and total liabilities are $185.7M and $86.0M respectively. Tomer Energy Royalties (2012)'s EBIT is $9.0M making its interest coverage ratio 3.7. It has cash and short-term investments of $14.2M.
Key information
79.3%
Debt to equity ratio
US$79.05m
Debt
Interest coverage ratio | 3.7x |
Cash | US$14.22m |
Equity | US$99.71m |
Total liabilities | US$86.03m |
Total assets | US$185.74m |
Recent financial health updates
Is Tomer Energy Royalties (2012) (TLV:TOEN) Using Too Much Debt?
Sep 29Is 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 ($17.9M) exceed its short term liabilities ($13.0M).
Long Term Liabilities: TOEN's short term assets ($17.9M) do not cover its long term liabilities ($73.0M).
Debt to Equity History and Analysis
Debt Level: TOEN's net debt to equity ratio (65%) is considered high.
Reducing Debt: TOEN's debt to equity ratio has reduced from 147% to 79.3% over the past 5 years.
Debt Coverage: TOEN's debt is not well covered by operating cash flow (15.8%).
Interest Coverage: TOEN's interest payments on its debt are well covered by EBIT (3.7x coverage).