Sabine Royalty Trust Balance Sheet Health
Financial Health criteria checks 6/6
Sabine Royalty Trust has a total shareholder equity of $8.6M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $9.4M and $878.9K respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$9.34m |
| Equity | US$8.56m |
| Total liabilities | US$878.92k |
| Total assets | US$9.44m |
Recent financial health updates
No updates
Recent updates
Sabine Royalty Trust Is Downgraded To Sell Because Of Lower Energy Prices
Feb 14Sabine Royalty Trust: The Tailwind From OPEC Is Fading
Dec 07Sabine Royalty Trust Has Some Very Unusual Characteristics
Sep 25Sabine Royalty Trust Remains Risky, Despite Its Recent Correction
Jul 05Sabine Royalty Trust declares $0.6373 dividend
Feb 03Sabine Royalty Trust declares $0.6315 dividend
Jan 06Sabine Royalty Trust: Investors Have Another Chance To Take Profits
Dec 19Sabine Royalty Trust goes ex-dividend tomorrow
Dec 13Sabine Royalty Trust declares $0.5825 dividend
Nov 04Sabine Royalty Trust declares $1.017 dividend
Oct 06Sabine Royalty Trust Is Risky Around Its All-Time Highs
Sep 22Sabine Royalty Trust goes ex-dividend tomorrow
Sep 13Sabine Royalty Trust declares $0.8294 dividend
Aug 05Sabine Royalty Trust: Stable Stock Despite Volatile Cash Distributions
Jul 12Sabine Royalty Trust: Leveraging Energy And Inflation
Apr 25Sabine Royalty Trust: A High-Quality Trust But Wait For A Better Entry Point
Sep 10Sabine Royalty Trust declares $0.2516 dividend
May 07Sabine Royalty Trust goes ex-dividend tomorrow
Jan 13Sabine Royalty Trust Will Benefit From COVID Recovery
Dec 08Sabine Royalty Trust declares $0.12404 dividend
Dec 04Sabine Royalty Trust declares $0.1201 dividend
Nov 05Financial Position Analysis
Short Term Liabilities: SBR's short term assets ($9.3M) exceed its short term liabilities ($508.5K).
Long Term Liabilities: SBR's short term assets ($9.3M) exceed its long term liabilities ($370.4K).
Debt to Equity History and Analysis
Debt Level: SBR is debt free.
Reducing Debt: SBR has not had any debt for past 5 years.
Debt Coverage: SBR has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SBR has no debt, therefore coverage of interest payments is not a concern.