Sabine Royalty Trust Balance Sheet Health

Financial Health criteria checks 6/6

Sabine Royalty Trust has a total shareholder equity of $6.2M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $9.7M and $3.5M respectively.

Key information

0%

Debt to equity ratio

US$0

Debt

Interest coverage ration/a
CashUS$9.65m
EquityUS$6.25m
Total liabilitiesUS$3.50m
Total assetsUS$9.75m

Recent financial health updates

No updates

Recent updates

Sabine Royalty Trust Is Downgraded To Sell Because Of Lower Energy Prices

Feb 14

Sabine Royalty Trust: The Tailwind From OPEC Is Fading

Dec 07

Sabine Royalty Trust Has Some Very Unusual Characteristics

Sep 25

Sabine Royalty Trust Remains Risky, Despite Its Recent Correction

Jul 05

Sabine Royalty Trust declares $0.6373 dividend

Feb 03

Sabine Royalty Trust  declares $0.6315 dividend

Jan 06

Sabine Royalty Trust: Investors Have Another Chance To Take Profits

Dec 19

Sabine Royalty Trust  goes ex-dividend tomorrow

Dec 13

Sabine Royalty Trust  declares $0.5825 dividend

Nov 04

Sabine Royalty Trust declares $1.017 dividend

Oct 06

Sabine Royalty Trust Is Risky Around Its All-Time Highs

Sep 22

Sabine Royalty Trust goes ex-dividend tomorrow

Sep 13

Sabine Royalty Trust  declares $0.8294 dividend

Aug 05

Sabine Royalty Trust: Stable Stock Despite Volatile Cash Distributions

Jul 12

Sabine Royalty Trust: Leveraging Energy And Inflation

Apr 25

Sabine Royalty Trust: A High-Quality Trust But Wait For A Better Entry Point

Sep 10

Sabine Royalty Trust declares $0.2516 dividend

May 07

Sabine Royalty Trust goes ex-dividend tomorrow

Jan 13

Sabine Royalty Trust Will Benefit From COVID Recovery

Dec 08

Sabine Royalty Trust declares $0.12404 dividend

Dec 04

Sabine Royalty Trust declares $0.1201 dividend

Nov 05

Financial Position Analysis

Short Term Liabilities: SBR's short term assets ($9.6M) exceed its short term liabilities ($295.2K).

Long Term Liabilities: SBR's short term assets ($9.6M) exceed its long term liabilities ($3.2M).


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.


Balance Sheet


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