Cross Timbers Royalty Trust (CRT) Balance Sheet
CRT balance sheet, 2025
December 31, 2025 · U.S. dollars$4.3M assets = $2.1M liabilities + $2.2M equity
Both columns are drawn to the same scale: what CRT owns equals what it owes plus shareholders’ equity. Hover a block for its value.
CRT financial health
Descriptive bands, not a rating. Fiscal 2025.
CRT balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $11.4M2016 | $4.3M2025 | −10.3%/yr | |
| Total liabilities | $1.5M2016 | $2.1M2025 | +3.7%/yr | |
| Shareholders’ equity | $9.9M2016 | $2.2M2025 | −15.6%/yr | |
| Cash & short-term investments | $1.5M2016 | $2.1M2025 | +3.7%/yr | |
| Total debt | $02016 | $02025 | — | |
| Net cash (debt) | $1.5M2016 | $2.1M2025 | +$589,424 | |
| Working capital | $1.0M2016 | $1.4M2025 | +$450,000 | |
| Book value per share | $1.652016 | $0.362025 | −15.6%/yr | |
| Current ratio | 2.842016 | 3.112025 | +0.27 | |
| Debt / equity | 0.002016 | 0.002025 | 0.00 | |
| Shares outstanding | 6.0M2016 | 6.0M2025 | 0.0%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
CRT assets
CRT liabilities and equity
CRT debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
CRT balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $2.1M | $1.4M | $1.9M | $1.9M | $1.8M | $1.4M | $1.5M | $1.6M | $1.5M | $1.5M |
| Cash & equivalents | $2.1M | $1.4M | $1.9M | $1.9M | $1.8M | $1.4M | $1.5M | $1.6M | $1.5M | $1.5M |
| Short-term investments | — | — | −$1.85B | — | — | — | — | — | — | — |
| Receivables | $4,554 | $4,211 | $5,062 | $3,372 | $24 | $23 | $1,642 | $2,324 | $960 | $182 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | −$10.1M | −$10.8M | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $10.1M | $10.8M | $0 |
| Total current assets | $2.1M | $1.4M | $1.9M | $1.9M | $1.8M | $1.4M | $1.5M | $1.6M | $1.5M | $1.5M |
| Property, plant & equipment (net) | $0 | $0 | $0 | $0 | $0 | $7.5M | $8.2M | $8.5M | $9.3M | $9.9M |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $9.3M | $9.9M |
| Long-term investments | $2.2M | $2.4M | $2.7M | $3.0M | $3.3M | $7.5M | $8.2M | $8.5M | $9.3M | $9.9M |
| Other non-current assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total assets | $4.3M | $3.8M | $4.5M | $4.9M | $5.1M | $8.9M | $9.7M | $10.1M | $10.8M | $11.4M |
| Liabilities | ||||||||||
| Accounts payable | — | — | — | — | — | — | — | — | $470,790 | $544,434 |
| Short-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $688,230 | $373,590 | $1.9M | $902,010 | $822,774 | $372,822 | $503,040 | $603,018 | $470,790 | $544,434 |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $1.4M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M |
| Total liabilities | $2.1M | $1.4M | $1.9M | $1.9M | $1.8M | $1.4M | $1.5M | $1.6M | $1.5M | $1.5M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $2.2M | $2.4M | $2.7M | $3.0M | $3.3M | $7.5M | $8.2M | $8.5M | $9.3M | $9.9M |
| Retained earnings (deficit) | — | — | — | — | — | $7.5M | $8.2M | $8.5M | $9.3M | $9.9M |
| Accumulated other comprehensive income | — | — | — | — | — | $7.5M | $8.2M | $8.5M | $9.3M | $9.9M |
| Total shareholders' equity | $2.2M | $2.4M | $2.7M | $3.0M | $3.3M | $7.5M | $8.2M | $8.5M | $9.3M | $9.9M |
| Key figures | ||||||||||
| Total debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net cash (debt) | $2.1M | $1.4M | $1.9M | $1.9M | $1.8M | $1.4M | $1.5M | $1.6M | $1.5M | $1.5M |
| Working capital | $1.4M | $1.0M | $0 | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M |
| Tangible book value | $2.2M | $2.4M | $2.7M | $3.0M | $3.3M | $7.5M | $8.2M | $8.5M | $0 | $0 |
| Book value per share | $0.36 | $0.41 | $0.45 | $0.49 | $0.54 | $1.25 | $1.36 | $1.42 | $1.55 | $1.65 |
| Shares outstanding | 6.0M | 6.0M | 6.0M | 6.0M | 6.0M | 6.0M | 6.0M | 6.0M | 6.0M | 6.0M |
| Current ratio | 3.11 | 3.68 | 1.00 | 2.11 | 2.22 | 3.68 | 2.99 | 2.66 | 3.12 | 2.84 |
| Quick ratio | 3.11 | 3.68 | 1.00 | 2.11 | 2.22 | 3.68 | 2.99 | 2.66 | 3.12 | 2.84 |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Equity / assets | 50.2% | 63.9% | 59.0% | 60.9% | 64.2% | 84.6% | 84.4% | 84.2% | 86.4% | 86.5% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $1.8M | $1.5M | $2.1M | $1.5M | $1.4M | $1.9M | $1.4M | $1.6M | $1.2M | $1.1M | — | $1.5M |
| Cash & equivalents | $1.8M | $1.5M | $2.1M | $1.5M | $1.4M | $1.9M | $1.4M | $1.6M | $1.2M | −$1.1M | — | −$1.5M |
| Short-term investments | — | — | — | — | — | — | — | — | — | $2.2M | — | $3.1M |
| Receivables | $4,797 | $4,112 | $4,554 | $4,375 | $3,860 | $3,729 | $4,211 | $5,154 | $5,353 | $5,181 | $0 | $5,869 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.9M | $0 |
| Total current assets | $1.8M | $1.5M | $2.1M | $1.5M | $1.4M | $1.9M | $1.4M | $1.6M | $1.2M | $1.1M | $1.9M | $1.5M |
| Property, plant & equipment (net) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $2.1M | $2.1M | $2.2M | $2.2M | $2.3M | $2.3M | $2.4M | $2.5M | $2.6M | $2.6M | $2.7M | $2.7M |
| Other non-current assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total assets | $3.9M | $3.6M | $4.3M | $3.7M | $3.7M | $4.3M | $3.8M | $4.1M | $3.7M | $3.7M | $4.5M | $4.3M |
| Liabilities | ||||||||||||
| Short-term debt | — | — | $0 | $0 | $0 | $0 | $0 | $0 | — | — | — | — |
| Total current liabilities | $265,116 | $5,538 | $688,230 | $190,518 | $215,094 | $940,350 | $373,590 | $613,380 | $1.2M | $116,340 | $857,382 | $544,386 |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $1.5M | $1.5M | $1.4M | $1.3M | $1.1M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M |
| Total liabilities | $1.8M | $1.5M | $2.1M | $1.5M | $1.4M | $1.9M | $1.4M | $1.6M | $1.2M | $1.1M | $1.9M | $1.5M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $2.1M | $2.1M | $2.2M | $2.2M | $2.3M | $2.3M | $2.4M | $2.5M | $2.6M | $2.6M | — | $2.7M |
| Total shareholders' equity | $2.1M | $2.1M | $2.2M | $2.2M | $2.3M | $2.3M | $2.4M | $2.5M | $2.6M | $2.6M | $2.7M | $2.7M |
| Key figures | ||||||||||||
| Total debt | — | — | $0 | $0 | $0 | $0 | $0 | $0 | — | — | — | — |
| Net cash (debt) | — | — | $2.1M | $1.5M | $1.4M | $1.9M | $1.4M | $1.6M | — | — | — | — |
| Working capital | $1.5M | $1.5M | $1.4M | $1.3M | $1.1M | $1.0M | $1.0M | $1.0M | $0 | $1.0M | $1.0M | $1.0M |
| Tangible book value | $2.1M | $2.1M | $2.2M | $2.2M | $2.3M | $2.3M | $2.4M | $2.5M | $2.6M | $2.6M | $2.7M | $2.7M |
| Book value per share | $0.35 | $0.35 | $0.36 | $0.37 | $0.38 | $0.39 | $0.41 | $0.41 | $0.43 | $0.44 | $0.45 | $0.46 |
| Shares outstanding | 6.0M | 6.0M | 6.0M | 6.0M | 6.0M | 6.0M | 6.0M | 6.0M | 6.0M | 6.0M | 6.0M | 6.0M |
| Current ratio | 6.66 | 271.86 | 3.11 | 7.82 | 6.35 | 2.06 | 3.68 | 2.63 | 1.00 | 9.60 | 2.17 | 2.84 |
| Quick ratio | 6.66 | 271.86 | 3.11 | 7.82 | 6.35 | 2.06 | 3.68 | 2.63 | 1.00 | 9.60 | 0.00 | 2.84 |
| Debt / equity | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — | — | — | — |
| Equity / assets | 54.2% | 58.5% | 50.2% | 60.0% | 62.7% | 54.7% | 63.9% | 60.6% | 68.4% | 70.1% | 59.0% | 63.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 27, 2026); data from EODHD.
CRT financial position
At the end of fiscal 2025 (December 31, 2025), Cross Timbers Royalty had total assets of $4.3 million (up 12.9% from a year earlier), total liabilities of $2.1 million and shareholders' equity of $2.2 million. It held $2.1 million in cash and short-term investments against $0 of debt, a net cash position of $2.1 million. Its current ratio was 3.11. In the latest quarter (ended June 30, 2026) total assets were $3.9 million and equity $2.1 million.
Related: CRT income statement, CRT cash flow statement, CRT key metrics. See the CRT stock overview for the latest quote and news.
CRT balance sheet FAQ
What are Cross Timbers Royalty's total assets?
Cross Timbers Royalty reported total assets of $4.3 million at the end of fiscal 2025 (December 31, 2025), compared with $3.8 million a year earlier.
How much debt does Cross Timbers Royalty have?
Cross Timbers Royalty had $0 of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.00.
How much cash does Cross Timbers Royalty have?
Cross Timbers Royalty held $2.1 million in cash and short-term investments at the end of fiscal 2025; with $0 of debt that is net cash of $2.1 million.
What is Cross Timbers Royalty's book value?
Cross Timbers Royalty's shareholders' equity (book value) was $2.2 million at the end of fiscal 2025, or $0.36 per share.
What is Cross Timbers Royalty's current ratio?
Cross Timbers Royalty had current assets of $2.1 million and current liabilities of $0.7 million, a current ratio of 3.11 (it can cover its short-term obligations).