CorEnergy Infrastructure Trust (CRNG) Financial Ratios

For fiscal 2023 (fiscal year ended Dec 31, 2023), CorEnergy Infrastructure Trust had return on equity of -264.0% (down from -3.8%), debt-to-equity of -7.10 (down from 0.94), a current ratio of 1.00 (down from 1.33) and return on assets of 0.3% (down from 2.7%). A current ratio of 1.00 means current assets exceed current liabilities.

CorEnergy Infrastructure Trust Financial Ratios Analysis

Valuation, profitability, leverage, and liquidity ratios

Income Statement Balance Sheet Cash Flow Ratios

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Breakdown	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period ending	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Valuation Ratios
Enterprise Value Ratios
Profitability & Returns
Return on Equity (ROE)	-263.96%	-3.78%	-1.23%	-97.76%	0.88%
Return on Assets (ROA)	0.34%	2.74%	3.21%	1.27%	4.65%
Return on Invested Capital (ROIC)	-	4.63%	-8.93%	2.13%	7.28%
Leverage & Solvency Ratios
Debt/Equity	-7.10	0.94	0.84	0.77	0.32
Debt/EBITDA	13.20	5.64	6.03	4.95	2.14
Liquidity Ratios
Current Ratio	1.00	1.33	1.73	19.04	11.81
Quick Ratio	0.17	0.88	1.15	18.50	11.67
Efficiency Ratios
Asset Turnover	0.36	0.27	0.32	0.09	0.14
Inventory Turnover	21.27	14.78	32.83	-	-
Yield & Distribution Ratios
Payout Ratio	-	-	-	-	1185.34%
Buyback Yield	-1.74%	-11.09%	-6.82%	-4.67%	15.26%

Source: Company financial statements from annual and quarterly filings. Data as of Dec 31, 2023. Data sources and methodology

Frequently Asked Questions About CorEnergy Infrastructure Trust Financial Ratios

What is CorEnergy Infrastructure Trust's return on equity?

CorEnergy Infrastructure Trust's return on equity (ROE) was -264.0% for fiscal 2023 (period ended Dec 31, 2023). It was -3.8% a year earlier.

What is CorEnergy Infrastructure Trust's debt-to-equity ratio?

CorEnergy Infrastructure Trust's debt-to-equity ratio was -7.10 for fiscal 2023 (period ended Dec 31, 2023). It was 0.94 a year earlier.

What is return on equity (ROE)?

Return on equity is net income divided by shareholders' equity. It measures how much profit a company generates from the capital its shareholders have invested. Full definition