This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

Brigham Minerals Balance Sheet Health

Financial Health criteria checks 5/6

Key information

9.6%

Debt to equity ratio

US$73.00m

Debt

Interest coverage ratio66.1x
CashUS$33.00m
EquityUS$762.09m
Total liabilitiesUS$103.39m
Total assetsUS$865.48m

Recent financial health updates

Recent updates

Brigham Minerals approve merger with Sitio Royalties

Dec 29

Brigham Minerals goes ex-dividend tomorrow

Nov 16

Sitio Royalties And Brigham Minerals: Creating A $5 Billion Primarily Permian Minerals Company

Oct 28

Brigham Minerals: Double-Digit Production Would Justify Higher Price Marks

Sep 01

Analysts Are Betting On Brigham Minerals, Inc. (NYSE:MNRL) With A Big Upgrade This Week

Aug 19
Analysts Are Betting On Brigham Minerals, Inc. (NYSE:MNRL) With A Big Upgrade This Week

Brigham Minerals goes ex-dividend tomorrow

Aug 17

Brigham Minerals (NYSE:MNRL) Is Doing The Right Things To Multiply Its Share Price

Aug 03
Brigham Minerals (NYSE:MNRL) Is Doing The Right Things To Multiply Its Share Price

We Think Brigham Minerals (NYSE:MNRL) Can Stay On Top Of Its Debt

May 26
We Think Brigham Minerals (NYSE:MNRL) Can Stay On Top Of Its Debt

Brigham Minerals Offers Small-Cap Royalty Oil And Gas

May 03

There's Been No Shortage Of Growth Recently For Brigham Minerals' (NYSE:MNRL) Returns On Capital

Apr 25
There's Been No Shortage Of Growth Recently For Brigham Minerals' (NYSE:MNRL) Returns On Capital

Is Brigham Minerals (NYSE:MNRL) Using Too Much Debt?

Jan 24
Is Brigham Minerals (NYSE:MNRL) Using Too Much Debt?

Brigham Minerals (NYSE:MNRL) Has Some Way To Go To Become A Multi-Bagger

Dec 18
Brigham Minerals (NYSE:MNRL) Has Some Way To Go To Become A Multi-Bagger

Is Brigham Minerals (NYSE:MNRL) A Risky Investment?

Oct 08
Is Brigham Minerals (NYSE:MNRL) A Risky Investment?

Brigham Minerals: Slowing Growth, But A Stable Base Dividend

Sep 08

Brigham Minerals (NYSE:MNRL) Is Paying Out A Larger Dividend Than Last Year

Aug 08
Brigham Minerals (NYSE:MNRL) Is Paying Out A Larger Dividend Than Last Year

The Returns On Capital At Brigham Minerals (NYSE:MNRL) Don't Inspire Confidence

Jul 08
The Returns On Capital At Brigham Minerals (NYSE:MNRL) Don't Inspire Confidence

These 4 Measures Indicate That Brigham Minerals (NYSE:MNRL) Is Using Debt Extensively

May 04
These 4 Measures Indicate That Brigham Minerals (NYSE:MNRL) Is Using Debt Extensively

Brigham Minerals (NYSE:MNRL) Will Will Want To Turn Around Its Return Trends

Apr 07
Brigham Minerals (NYSE:MNRL) Will Will Want To Turn Around Its Return Trends

Should You Take Comfort From Insider Transactions At Brigham Minerals, Inc. (NYSE:MNRL)?

Mar 17
Should You Take Comfort From Insider Transactions At Brigham Minerals, Inc. (NYSE:MNRL)?

Need To Know: Analysts Are Much More Bullish On Brigham Minerals, Inc. (NYSE:MNRL) Revenues

Feb 27
Need To Know: Analysts Are Much More Bullish On Brigham Minerals, Inc. (NYSE:MNRL) Revenues

Is Brigham Minerals, Inc. (NYSE:MNRL) A Good Dividend Stock?

Feb 19
Is Brigham Minerals, Inc. (NYSE:MNRL) A Good Dividend Stock?

Are Investors Undervaluing Brigham Minerals, Inc. (NYSE:MNRL) By 49%?

Feb 01
Are Investors Undervaluing Brigham Minerals, Inc. (NYSE:MNRL) By 49%?

If You Had Bought Brigham Minerals' (NYSE:MNRL) Shares A Year Ago You Would Be Down 34%

Jan 11
If You Had Bought Brigham Minerals' (NYSE:MNRL) Shares A Year Ago You Would Be Down 34%

Does Brigham Minerals (NYSE:MNRL) Have A Healthy Balance Sheet?

Dec 16
Does Brigham Minerals (NYSE:MNRL) Have A Healthy Balance Sheet?

Brigham Minerals goes ex-dividend on Friday

Nov 25

Should You Take Comfort From Insider Transactions At Brigham Minerals, Inc. (NYSE:MNRL)?

Nov 20
Should You Take Comfort From Insider Transactions At Brigham Minerals, Inc. (NYSE:MNRL)?

Brigham Minerals, Inc. 2020 Q3 - Results - Earnings Call Presentation

Nov 07

Financial Position Analysis

Short Term Liabilities: MNRL's short term assets ($106.1M) exceed its short term liabilities ($23.1M).

Long Term Liabilities: MNRL's short term assets ($106.1M) exceed its long term liabilities ($80.3M).


Debt to Equity History and Analysis

Debt Level: MNRL's net debt to equity ratio (5.2%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if MNRL's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: MNRL's debt is well covered by operating cash flow (273.4%).

Interest Coverage: MNRL's interest payments on its debt are well covered by EBIT (66.1x coverage).


Balance Sheet


Discover healthy companies

Price7D1Y
Mkt CapP/EGrowth
Price7D1Y
Mkt CapP/EGrowth
Price7D1Y
Mkt CapP/EGrowth
Price7D1Y
Mkt CapP/EGrowth
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.