Kimbell Net Tangible Assets from 2010 to 2024

KRP Stock  USD 16.78  0.20  1.21%   
Kimbell Royalty Net Tangible Assets yearly trend continues to be relatively stable with very little volatility. Net Tangible Assets are likely to grow to about 982.2 M this year. Net Tangible Assets is the total assets of Kimbell Royalty Partners minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2015-12-31
Previous Quarter
652 M
Current Value
696.1 M
Quarterly Volatility
202.2 M
 
Yuan Drop
 
Covid
Check Kimbell Royalty financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Kimbell main balance sheet or income statement drivers, such as Depreciation And Amortization of 101.7 M, Interest Expense of 27.2 M or Selling General Administrative of 34.8 M, as well as many exotic indicators such as Price To Sales Ratio of 3.49, Dividend Yield of 0.13 or PTB Ratio of 0.0014. Kimbell financial statements analysis is a perfect complement when working with Kimbell Royalty Valuation or Volatility modules.
  
This module can also supplement Kimbell Royalty's financial leverage analysis and stock options assessment as well as various Kimbell Royalty Technical models . Check out the analysis of Kimbell Royalty Correlation against competitors.

Latest Kimbell Royalty's Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Kimbell Royalty Partners over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Kimbell Royalty's Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Kimbell Royalty's overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Kimbell Net Tangible Assets Regression Statistics

Arithmetic Mean303,297,994
Geometric Mean132,308,077
Coefficient Of Variation112.32
Mean Deviation256,324,381
Median262,065,434
Standard Deviation340,677,640
Sample Variance116061.3T
Range973.6M
R-Value0.87
Mean Square Error29591T
R-Squared0.76
Significance0.000021
Slope66,552,207
Total Sum of Squares1624857.6T

Kimbell Net Tangible Assets History

2024982.2 M
2023935.4 M
2022813.4 M
2021329.6 M
2020378.3 M
2019283.8 M
2018300.8 M

About Kimbell Royalty Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Kimbell Royalty income statement, its balance sheet, and the statement of cash flows. Kimbell Royalty investors use historical funamental indicators, such as Kimbell Royalty's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Kimbell Royalty investors may use each financial statement separately, they are all related. The changes in Kimbell Royalty's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Kimbell Royalty's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Kimbell Royalty Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Kimbell Royalty. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets935.4 M982.2 M

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When determining whether Kimbell Royalty Partners is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Kimbell Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Kimbell Royalty Partners Stock. Highlighted below are key reports to facilitate an investment decision about Kimbell Royalty Partners Stock:
Check out the analysis of Kimbell Royalty Correlation against competitors.
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Is Kimbell Royalty's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kimbell Royalty. If investors know Kimbell will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kimbell Royalty listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.89)
Dividend Share
1.82
Earnings Share
0.59
Revenue Per Share
4.396
Quarterly Revenue Growth
0.52
The market value of Kimbell Royalty Partners is measured differently than its book value, which is the value of Kimbell that is recorded on the company's balance sheet. Investors also form their own opinion of Kimbell Royalty's value that differs from its market value or its book value, called intrinsic value, which is Kimbell Royalty's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kimbell Royalty's market value can be influenced by many factors that don't directly affect Kimbell Royalty's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kimbell Royalty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kimbell Royalty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kimbell Royalty's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.