Natural Resource Partners Balance Sheet Health
Financial Health criteria checks 5/6
Natural Resource Partners has a total shareholder equity of $578.2M and total debt of $155.1M, which brings its debt-to-equity ratio to 26.8%. Its total assets and total liabilities are $797.9M and $219.6M respectively. Natural Resource Partners's EBIT is $216.2M making its interest coverage ratio 15.3. It has cash and short-term investments of $12.0M.
Key information
26.8%
Debt to equity ratio
US$155.06m
Debt
| Interest coverage ratio | 15.3x |
| Cash | US$11.99m |
| Equity | US$578.24m |
| Total liabilities | US$219.64m |
| Total assets | US$797.88m |
Recent financial health updates
No updates
Recent updates
Natural 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 ($55.3M) exceed its short term liabilities ($49.8M).
Long Term Liabilities: NRP's short term assets ($55.3M) do not cover its long term liabilities ($169.8M).
Debt to Equity History and Analysis
Debt Level: NRP's net debt to equity ratio (24.7%) is considered satisfactory.
Reducing Debt: NRP's debt to equity ratio has reduced from 115% to 26.8% over the past 5 years.
Debt Coverage: NRP's debt is well covered by operating cash flow (200.6%).
Interest Coverage: NRP's interest payments on its debt are well covered by EBIT (15.3x coverage).