The Keg Royalties Income Fund
The Keg Royalties Income Fund operates as an unincorporated open-ended limited purpose trust. It invests in The Keg Rights Limited Partnership that owns the trademarks, trade names, operating procedures and systems, and other intellectual property used in connection with the operation of Keg steakhouse restaurants and bars in Canada and the United States. The company was founded in 2002 and is he… Read more
The Keg Royalties Income Fund (KEG-UN) - Total Assets
Latest total assets as of March 2025: CA$259.76 Million CAD
Based on the latest financial reports, The Keg Royalties Income Fund (KEG-UN) holds total assets worth CA$259.76 Million CAD as of March 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
The Keg Royalties Income Fund - Total Assets Trend (2002–2024)
This chart illustrates how The Keg Royalties Income Fund’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
The Keg Royalties Income Fund - Asset Composition Analysis
Current Asset Composition (December 2024)
The Keg Royalties Income Fund's total assets of CA$259.76 Million consist of 2.3% current assets and 97.7% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0.8% |
| Accounts Receivable | CA$3.52 Million | 1.4% |
| Inventory | CA$0.00 | 0.0% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$196.96 Million | 75.8% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2002–2024)
This chart illustrates how The Keg Royalties Income Fund's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: The Keg Royalties Income Fund's current assets represent 2.3% of total assets in 2024, an increase from 0.9% in 2002.
- Cash Position: Cash and equivalents constituted 0.8% of total assets in 2024, up from 0.0% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 75.0% of total assets, an increase from 65.0% in 2002.
- Asset Diversification: The largest asset category is intangible assets at 75.8% of total assets.
The Keg Royalties Income Fund Competitors by Total Assets
Key competitors of The Keg Royalties Income Fund based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
PT Puri Sentul Permai Tbk
JK:KDTN
|
Indonesia | Rp79.67 Billion |
|
Tasty Plc
LSE:TAST
|
UK | GBX28.84 Million |
|
XiAn Catering Co Ltd
SHE:000721
|
China | CN¥1.26 Billion |
|
China Quanjude Group Co Ltd
SHE:002186
|
China | CN¥1.54 Billion |
|
Cloud Live Technology Group Co Ltd
SHE:002306
|
China | CN¥759.24 Million |
|
YoungQin International Co
TWO:2755
|
Taiwan | NT$2.03 Billion |
|
Focus Dynamics Group Bhd
KLSE:0116
|
Malaysia | RM244.38 Million |
|
Oversea Enterprise Bhd
KLSE:0153
|
Malaysia | RM248.03 Million |
The Keg Royalties Income Fund - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - The Keg Royalties Income Fund generates 0.11x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, The Keg Royalties Income Fund generates $ 3.24 in net profit.
The Keg Royalties Income Fund - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.04 | 0.04 | 3.41 |
| Quick Ratio | 0.04 | 0.04 | 3.41 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-128.57 Million | CA$ -134.34 Million | CA$ 2.56 Million |
The Keg Royalties Income Fund - Advanced Valuation Insights
This section examines the relationship between The Keg Royalties Income Fund's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.95 |
| Latest Market Cap to Assets Ratio | 0.55 |
| Asset Growth Rate (YoY) | -0.4% |
| Total Assets | CA$259.93 Million |
| Market Capitalization | $143.87 Million USD |
Valuation Analysis
Below Book Valuation: The market values The Keg Royalties Income Fund's assets below their book value (0.55 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: The Keg Royalties Income Fund's assets decreased by 0.4% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for The Keg Royalties Income Fund (2002–2024)
The table below shows the annual total assets of The Keg Royalties Income Fund from 2002 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$259.93 Million | -0.40% |
| 2023-12-31 | CA$260.99 Million | +0.07% |
| 2022-12-31 | CA$260.80 Million | +2.54% |
| 2021-12-31 | CA$254.34 Million | +1.23% |
| 2020-12-31 | CA$251.25 Million | +2.54% |
| 2019-12-31 | CA$245.04 Million | +2.17% |
| 2018-12-31 | CA$239.84 Million | +3.97% |
| 2017-12-31 | CA$230.67 Million | +1.86% |
| 2016-12-31 | CA$226.47 Million | -0.28% |
| 2015-12-31 | CA$227.11 Million | +2.07% |
| 2014-12-31 | CA$222.51 Million | +2.61% |
| 2013-12-31 | CA$216.85 Million | +0.02% |
| 2012-12-31 | CA$216.80 Million | -1.41% |
| 2011-12-31 | CA$219.89 Million | +73.32% |
| 2010-12-31 | CA$126.87 Million | +9.03% |
| 2009-12-31 | CA$116.36 Million | +0.03% |
| 2008-12-31 | CA$116.33 Million | +0.06% |
| 2007-12-31 | CA$116.26 Million | +9.08% |
| 2006-12-31 | CA$106.58 Million | +9.12% |
| 2005-12-31 | CA$97.67 Million | -44.74% |
| 2004-12-31 | CA$176.74 Million | +2.53% |
| 2003-12-31 | CA$172.38 Million | -0.02% |
| 2002-12-31 | CA$172.41 Million | -- |