Natural Resource Partners Balance Sheet Health
Financial Health criteria checks 5/6
Natural Resource Partners has a total shareholder equity of $517.2M and total debt of $197.4M, which brings its debt-to-equity ratio to 38.2%. Its total assets and total liabilities are $789.9M and $272.7M respectively. Natural Resource Partners's EBIT is $183.0M making its interest coverage ratio 11.5. It has cash and short-term investments of $30.9M.
Key information
38.2%
Debt to equity ratio
US$197.36m
Debt
| Interest coverage ratio | 11.5x |
| Cash | US$30.90m |
| Equity | US$517.19m |
| Total liabilities | US$272.67m |
| Total assets | US$789.87m |
Recent financial health updates
No updates
Recent updates
Natural Resource Partners: Misunderstood Royalty Biz
Sep 17Natural Resource Partners Appears To Be Approaching Fair Value
Apr 15Natural Resource Partners: Well-Diversified With A Well-Supported Dividend Yield
Nov 09Natural Resource Partners: Differentiated Resource Play With Economic Leverage On Capital
Oct 18Natural Resource Partners Continues To Impress
Jul 25Natural Resource Partners: Asset Optimization Fostering Growth
Jun 03Natural Resource Partners Appears Inexpensive With Multiple Ways To Win
Jan 31Natural Resource Partners: Transforming The Appeal Of Their Units
Jan 18Natural Resource Partners Remains Attractive
Nov 02Natural Resource Partners to redeem outstanding 9.125% senior notes
Sep 29Natural Resource Partners: They Played Their Hand Very Well
Aug 18Natural Resource Partners Is Poised To Perform Well In The New Era
May 20Natural Resource Partners: Lifeline From Eastern Europe, Upside Remains Limited
Apr 09Natural Resource Partners: Exorbitantly Overpriced After The Strong Rally
Jan 22Natural Resource Partners: Good Fortunes Coming To The Rescue
Nov 06Natural Resource Partners: Everything Moving In Wrong Direction Apart From Their Unit Price
Aug 23Natural Resource Partners: Distribution Suspension Unavoidable After Lackluster Results And Might Never Return
May 28Natural Resource Partners: Double-Digit Yield With Plenty To Love But One Big Problem
Dec 17Natural Resource Partners LP (NRP) Presents At Wells Fargo Midstream and Utility Conference - Slideshow
Dec 10Natural Resource Partners goes ex-dividend tomorrow
Nov 17Financial Position Analysis
Short Term Liabilities: NRP's short term assets ($69.3M) exceed its short term liabilities ($29.7M).
Long Term Liabilities: NRP's short term assets ($69.3M) do not cover its long term liabilities ($243.0M).
Debt to Equity History and Analysis
Debt Level: NRP's net debt to equity ratio (32.2%) is considered satisfactory.
Reducing Debt: NRP's debt to equity ratio has reduced from 85% to 38.2% over the past 5 years.
Debt Coverage: NRP's debt is well covered by operating cash flow (131.8%).
Interest Coverage: NRP's interest payments on its debt are well covered by EBIT (11.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 01:11 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Natural Resource Partners L.P. is covered by 10 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Peter Ward | Barclays |
| Mark Levin | BB&T Capital Markets |
| Mark Levin | Benchmark Company |