Diversified Royalty Corp.

Toronto Stock Exchange DIV.TO

Diversified Royalty Corp. Debt to Equity Ratio for the year ending December 31, 2023: 1.29

Diversified Royalty Corp. Debt to Equity Ratio is 1.29 for the year ending December 31, 2023, a 50.49% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Diversified Royalty Corp. Debt to Equity Ratio for the year ending December 31, 2022 was 0.85, a -3.57% change year over year.
Diversified Royalty Corp. Debt to Equity Ratio for the year ending December 31, 2021 was 0.89, a 7.56% change year over year.
Diversified Royalty Corp. Debt to Equity Ratio for the year ending December 31, 2020 was 0.82, a 10.62% change year over year.
Diversified Royalty Corp. Debt to Equity Ratio for the year ending December 31, 2019 was 0.74.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

Toronto Stock Exchange: DIV.TO

Diversified Royalty Corp.

CEO	Mr. Sean Morrison C.A., CPA
IPO Date	June 3, 1998
Location	Canada
Headquarters	609 Granville Street
Employees	39
Sector	Consumers Staples
Industries Soft Drinks & Sodas Drugstores & Retail Pharmacies Education Investment Banking & Asset Management Personal Care Private Equity Restaurants Toys

Description

Diversified Royalty Corp., a multi-royalty corporation, engages in the acquisition of royalties from multi-location businesses and franchisors in North America. The company owns the Mr. Lube, AIR MILES, Sutton, Mr. Mikes, Nurse Next Door, and Oxford Learning Centres trademarks. The company was formerly known as BENEV Capital Inc. and changed its name to Diversified Royalty Corp. in September 2014. Diversified Royalty Corp. was incorporated in 1992 and is headquartered in Vancouver, Canada.

Key trends

Past 5 years