Keg Royalties Income Fund Balance Sheet Health
Financial Health criteria checks 0/6
Keg Royalties Income Fund has a total shareholder equity of CA$101.6M and total debt of CA$153.5M, which brings its debt-to-equity ratio to 151.1%. Its total assets and total liabilities are CA$259.3M and CA$157.7M respectively. Keg Royalties Income Fund's EBIT is CA$33.3M making its interest coverage ratio 2.3. It has cash and short-term investments of CA$2.1M.
Key information
151.1%
Debt to equity ratio
CA$153.53m
Debt
| Interest coverage ratio | 2.3x |
| Cash | CA$2.08m |
| Equity | CA$101.60m |
| Total liabilities | CA$157.71m |
| Total assets | CA$259.32m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KRIU.F's short term assets (CA$5.4M) do not cover its short term liabilities (CA$141.1M).
Long Term Liabilities: KRIU.F's short term assets (CA$5.4M) do not cover its long term liabilities (CA$16.6M).
Debt to Equity History and Analysis
Debt Level: KRIU.F's net debt to equity ratio (149.1%) is considered high.
Reducing Debt: KRIU.F's debt to equity ratio has increased from 146.3% to 151.1% over the past 5 years.
Debt Coverage: KRIU.F's debt is not well covered by operating cash flow (18.1%).
Interest Coverage: KRIU.F's interest payments on its debt are not well covered by EBIT (2.3x coverage).