MNRL · Brigham Minerals, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|
| Revenue | $161.22M | $91.72M | $40.91M |
| Cost of Revenue | - | - | - |
| Gross Profit | - | - | - |
| R&D | - | - | - |
| SG&A | $22.48M | $21.62M | $6.64M |
| Total Operating Expenses | $75.29M | $162.02M | $14.24M |
| D&A | $36.68M | $48.24M | $6.96M |
| Operating Income | $85.93M | ($70.29M) | $37.22M |
| Interest Expense | - | - | - |
| Income Tax | $16.25M | ($12.76M) | $1.01M |
| Net Income | $68.03M | ($57.99M) | $21.64M |
| EPS - Basic | $1.13 | ($1.11) | $0.00 |
| EPS - Diluted | $1.10 | ($1.11) | $0.26 |
Balance Sheet
| Line item | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|
| Cash & Equivalents | $20.82M | $9.14M | $51.13M |
| Accounts Receivable | $30.54M | $17.63M | $30.29M |
| Inventory | - | - | - |
| Accounts Payable | - | - | - |
| Current Assets | $54.70M | $30.47M | $83.11M |
| Total Assets | $820.88M | $680.96M | $784.16M |
| Current Liabilities | $21.65M | $7.91M | $11.53M |
| Long-term Debt | $93.00M | $20.00M | $0 |
| Total Liabilities | - | - | - |
| Stockholders' Equity | $526.43M | $505.65M | $300.50M |
| Retained Earnings | ($105.10M) | ($92.39M) | ($6.60M) |
Cash Flow
| Line item | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|
| Operating Cash Flow | $109.20M | $75.26M | $29.40M |
| Investing Cash Flow | ($89.98M) | ($65.42M) | ($195.27M) |
| Financing Cash Flow | ($7.34M) | ($51.82M) | ($82.65M) |
| CapEx | - | - | - |
| Free Cash Flow | - | - | - |
Ratios
| Metric | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|
| Profitability | |||
| Gross margin | - | - | - |
| Operating margin | 53.3% | -76.6% | 91.0% |
| EBITDA margin | 76.0% | -24.0% | 108.0% |
| Net margin | 42.2% | -63.2% | 52.9% |
| Free cash flow margin | - | - | - |
| FCF / Net income | - | - | - |
| R&D / Revenue | - | - | - |
| SG&A / Revenue | 13.9% | 23.6% | 16.2% |
| Effective tax rate | 19.3% | - | 4.5% |
| Return on assets | 8.3% | -8.5% | 2.8% |
| Return on equity | 12.9% | -11.5% | 7.2% |
| Return on invested capital | 11.2% | -10.6% | 11.8% |
| Liquidity | |||
| Current ratio | 2.53 | 3.85 | 7.21 |
| Quick ratio | 2.53 | 3.85 | 7.21 |
| Cash ratio | 0.96 | 1.16 | 4.43 |
| Leverage | |||
| Debt / Equity | 0.18 | 0.04 | 0.00 |
| Debt / Assets | 0.11 | 0.03 | 0.00 |
| Debt / EBITDA | 0.76 | - | 0.00 |
| Interest coverage | - | - | - |
| Equity multiplier | 1.56 | 1.35 | 2.61 |
| Liabilities / Assets | - | - | - |
| Efficiency | |||
| Asset turnover | 0.20 | 0.13 | 0.05 |
| Inventory turnover | - | - | - |
| Days sales outstanding | 69d | 70d | 270d |
| Days inventory outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Cash conversion cycle | - | - | - |
| Valuation | |||
| P / E | - | - | - |
| P / B | - | - | - |
| P / S | - | - | - |
| EV / EBITDA | - | - | - |
| Growth | |||
| Revenue growth (YoY) | 75.8% | 124.2% | - |
| Revenue CAGR (3y) | - | - | - |
| Revenue CAGR (5y) | - | - | - |
| Gross profit growth (YoY) | - | - | - |
| Operating income growth (YoY) | - | - | - |
| Net income growth (YoY) | - | - | - |
| EPS growth (YoY) | - | - | - |
| EPS CAGR (3y) | - | - | - |
| EPS CAGR (5y) | - | - | - |
| FCF growth (YoY) | - | - | - |
| FCF CAGR (5y) | - | - | - |
| Book value growth (YoY) | 4.1% | 68.3% | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2021-12-31.
Product / service
$156.70M totalOil Reserves$110.79M · 70.7%
Natural Gas Reserves$27.07M · 17.3%
Natural Gas Liquids Reserves$18.84M · 12.0%
Stability scores
Piotroski F-score
FY 2021 · 9-point quality
5/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- ✗Long-term debt decreased
- ✗Current ratio improved
- ✗No share dilution
- -Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Crude Petroleum & Natural Gas
Comparing Brigham Minerals against the 5 most active filers in the same SIC group.