DRI Healthcare Trust T.DHT.UN

RE:RE:RE:Royalty Income vs Cash Receipts

[mjh9413]

From Financial news release, explaining why they use terms they do:

"Total Cash Receipts refers to all cash royalty receipts from the Trust's portfolio of royalty assets and cash receipts for interest and principal payments collected from its loan receivable. Total Cash Royalty Receipts refers to cash royalty receipts from all products rather than cash royalty receipts in respect of a particular product and forms part of Total Cash Receipts. Because of the lag between when we record royalty income and receive the corresponding cash payments on our royalties, we believe Total Cash Receipts and Total Cash Royalty Receipts are useful measures when evaluating our operations, as they represent actual cash generated in respect of all royalty assets held during a period."
Sure, it might sound a little hamfisted but why argue against it when I believe it is a measure they take for full year special dividends (if applic after qtly distributions) viz.,"paying cash distributions equal to approximately 20% to 30% of our available cash generated."
Despite having some Q4 royalty revs not realised until Q1 they still declared a special div in 2021, and with the new royalties coming into play that wud seem to indicate (to me at least) they are in for a better fy 2022 re Total Cash Receipts.