Sitio Royalties Balance Sheet Health
Financial Health criteria checks 3/6
Sitio Royalties has a total shareholder equity of $3.4B and total debt of $992.9M, which brings its debt-to-equity ratio to 29.3%. Its total assets and total liabilities are $4.7B and $1.3B respectively. Sitio Royalties's EBIT is $227.9M making its interest coverage ratio 2.7. It has cash and short-term investments of $8.5M.
Key information
29.3%
Debt to equity ratio
US$992.85m
Debt
| Interest coverage ratio | 2.7x |
| Cash | US$8.51m |
| Equity | US$3.39b |
| Total liabilities | US$1.30b |
| Total assets | US$4.69b |
Recent financial health updates
We Think Sitio Royalties (NYSE:STR) Is Taking Some Risk With Its Debt
Jul 03
Sitio Royalties (NYSE:STR) Has A Somewhat Strained Balance Sheet
Feb 02Recent updates
Sitio Royalties: Improved Future Production Outlook
Dec 13Sitio Royalties' (NYSE:STR) Dividend Is Being Reduced To $0.28
Nov 12Revenues Not Telling The Story For Sitio Royalties Corp. (NYSE:STR)
Oct 01For A Number Of Reasons, I Would Not Buy Sitio Royalties Corp.
Jul 17We Think Sitio Royalties (NYSE:STR) Is Taking Some Risk With Its Debt
Jul 03Sitio Royalties Corp.'s (NYSE:STR) Price In Tune With Revenues
May 01Sitio Royalties: DJ Basin Acquisition Boosts FCF, But May Delay An Increased Payout Ratio
Apr 27Upgrading Sitio Royalties To A Buy Following A 20% Decline In Share Price
Feb 09Sitio Royalties (NYSE:STR) Has A Somewhat Strained Balance Sheet
Feb 02Investors Interested In Sitio Royalties Corp.'s (NYSE:STR) Revenues
Dec 19Sitio Royalties: New Notes Reduce Interest Costs By Around $15 Million Per Year
Oct 23Sitio Royalties: Dividend Should Be Higher During Remainder Of 2023
Aug 16Sitio Royalties' (NYSE:STR) Shareholders Will Receive A Smaller Dividend Than Last Year
Aug 12Estimating The Fair Value Of Sitio Royalties Corp. (NYSE:STR)
Jun 08Sitio Royalties Completes Its Merger With Brigham Minerals
Jan 06Calculating The Intrinsic Value Of Sitio Royalties Corp. (NYSE:STR)
Jan 05Sitio Royalties Q3 2022 Earnings Preview
Nov 07Sitio Royalties: Reasons For Being Undervalued
Oct 10reports Q2 results
Aug 08Sitio Royalties Corp.: 10.79% Dividend Yield With Industrial Catalyst
Jul 26Financial Position Analysis
Short Term Liabilities: STR's short term assets ($144.2M) exceed its short term liabilities ($58.0M).
Long Term Liabilities: STR's short term assets ($144.2M) do not cover its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: STR's net debt to equity ratio (29%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if STR's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: STR's debt is well covered by operating cash flow (49.3%).
Interest Coverage: STR's interest payments on its debt are not well covered by EBIT (2.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 09:44 |
| 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
Sitio Royalties Corp. is covered by 12 analysts. 4 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 |
|---|---|
| Jeanine Wai | Barclays |
| Jeanine Wai | Barclays |
| Betty Jiang | Barclays |