Permian Basin Royalty Trust Balance Sheet Health
Financial Health criteria checks 6/6
Permian Basin Royalty Trust has a total shareholder equity of $185.6K and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $3.9M and $3.7M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$3.73m |
Equity | US$185.63k |
Total liabilities | US$3.73m |
Total assets | US$3.92m |
Recent financial health updates
No updates
Recent updates
Avoiding Permian Basin Royalty Trust Until Litigation With Blackbeard Is Resolved
Aug 27Permian Basin Royalty Trust Is Being Upgraded After It Plunged 56% Over The Last Year
Apr 18Permian Basin Royalty Trust Remains Unattractive, Despite Its Plunge
Feb 09Permian Basin Royalty Trust Remains A Sell Because Production Gains Have Slowed
Oct 02Permian Basin Royalty Trust declares $0.0413 dividend
Feb 17Permian Basin Royalty Trust: A New Addition To My Energy Watchlist
Feb 06Permian Basin Royalty Trust declares $0.0368 dividend
Jan 20Permian Basin Royalty Trust dividend declines by 53.5%to $0.0376
Dec 20Permian Basin Royalty Trust declines monthly dividend by -6.7% to $0.2086/share
Oct 25Permian Basin Royalty Trust goes ex-dividend tomorrow
Sep 28Permian Basin Royalty Trust raises dividend by 19.5% to $0.1959
Aug 19Permian Basin Royalty Trust goes ex-dividend tomorrow
Jul 27Permian Basin Royalty Trust Has Become Risky From A Long-Term Perspective
Jun 26Permian Basin Royalty Trust's (NYSE:PBT) Dividend Will Be Increased To US$0.032
Jan 24Permian Basin Royalty Trust's (NYSE:PBT) Dividend Will Be Increased To US$0.023
Nov 25Permian Basin Royalty Trust (NYSE:PBT) Is Paying Out A Larger Dividend Than Last Year
Oct 22Here's Why We're Wary Of Buying Permian Basin Royalty Trust's (NYSE:PBT) For Its Upcoming Dividend
Feb 21Financial Position Analysis
Short Term Liabilities: PBT's short term assets ($3.7M) exceed its short term liabilities ($2.4M).
Long Term Liabilities: PBT's short term assets ($3.7M) exceed its long term liabilities ($1.4M).
Debt to Equity History and Analysis
Debt Level: PBT is debt free.
Reducing Debt: PBT has not had any debt for past 5 years.
Debt Coverage: PBT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PBT has no debt, therefore coverage of interest payments is not a concern.