Mesa Royalty Trust Balance Sheet Health
Financial Health criteria checks 6/6
Mesa Royalty Trust has a total shareholder equity of $3.0M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $3.4M and $366.6K respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$366.56k |
| Equity | US$3.04m |
| Total liabilities | US$366.56k |
| Total assets | US$3.41m |
Recent financial health updates
No updates
Recent updates
Mesa Royalty Trust (NYSE:MTR) Might Not Be As Mispriced As It Looks
Apr 23
Take Care Before Jumping Onto Mesa Royalty Trust (NYSE:MTR) Even Though It's 26% Cheaper
Dec 23Mesa Royalty Trust (NYSE:MTR) Is Increasing Its Dividend To $0.4875
May 22Mesa Royalty Trust goes ex-dividend on Monday
Feb 24Mesa Royalty Trust decreases monthly dividend by -14.6% to $0.1582/share
Jan 20Mesa Royalty Trust goes ex dividend tomorrow
Oct 27Mesa Royalty Trust goes ex-dividend tomorrow
Sep 28Mesa Royalty Trust goes ex-dividend today
Aug 30Mesa Royalty Trust goes ex-dividend tomorrow
May 26Mesa Royalty Trust announces no distribution for November
Nov 20Financial Position Analysis
Short Term Liabilities: MTR's short term assets ($2.1M) exceed its short term liabilities ($366.6K).
Long Term Liabilities: MTR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MTR is debt free.
Reducing Debt: MTR has not had any debt for past 5 years.
Debt Coverage: MTR has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MTR has no debt, therefore coverage of interest payments is not a concern.