GURUFOCUS.COM » STOCK LIST » USA » NYSE » Sabine Royalty Trust (NYSE:SBR) » Definitions » Financial Strength
Switch to:

Sabine Royalty Trust Financial Strength

: 10 (As of Mar. 2022)
View and export this data going back to 1982. Start your Free Trial

Sabine Royalty Trust has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Sabine Royalty Trust shows strong financial strength.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.

Sabine Royalty Trust has no debt. Sabine Royalty Trust's debt to revenue ratio for the quarter that ended in Mar. 2022 was 0.00. As of today, Sabine Royalty Trust's Altman Z-Score is 269.42.


Competitive Comparison

For the Oil & Gas E&P subindustry, Sabine Royalty Trust's Financial Strength, along with its competitors' market caps and Financial Strength data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

Sabine Royalty Trust Financial Strength Distribution

For the Oil & Gas industry and Energy sector, Sabine Royalty Trust's Financial Strength distribution charts can be found below:

* The bar in red indicates where Sabine Royalty Trust's Financial Strength falls into.



Sabine Royalty Trust Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Sabine Royalty Trust's Interest Expense for the months ended in Mar. 2022 was $0.00 Mil. Its Operating Income for the months ended in Mar. 2022 was $23.01 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $0.00 Mil.

Sabine Royalty Trust's Interest Coverage for the quarter that ended in Mar. 2022 is

Sabine Royalty Trust had no debt.

The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Sabine Royalty Trust has no debt.

2. Debt to revenue ratio. The lower, the better.

Sabine Royalty Trust's Debt to Revenue Ratio for the quarter that ended in Mar. 2022 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2022 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / 95.72
=0.00

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Sabine Royalty Trust has a Z-score of 269.42, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 269.42 is strong.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Sabine Royalty Trust  (NYSE:SBR) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

Sabine Royalty Trust has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.


Sabine Royalty Trust Financial Strength Related Terms

Thank you for viewing the detailed overview of Sabine Royalty Trust's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Sabine Royalty Trust Business Description

Sabine Royalty Trust logo
Traded in Other Exchanges
N/A
Address
2911 Turtle Creek Boulevard, Simmons Bank, Suite 850, Dallas, TX, USA, 75219
Sabine Royalty Trust is an express trust which is formed to receive Sabine Corporation's royalty and mineral interests, including landowner's royalties, overriding royalty interests, minerals production payments and any other similar, non-participatory interest, in certain Royalty Properties. The trusts producing and proved undeveloped oil and gas royalty properties are located in Florida, Louisiana, Mississippi, New Mexico, Oklahoma and Texas.

Sabine Royalty Trust Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)