Kimbell Net Debt vs Property Plant And Equipment Net Analysis

KRP Stock  USD 16.78  0.20  1.21%   
Kimbell Royalty financial indicator trend analysis is infinitely more than just investigating Kimbell Royalty Partners recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kimbell Royalty Partners is a good investment. Please check the relationship between Kimbell Royalty Net Debt and its Property Plant And Equipment Net accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kimbell Royalty Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Net Debt vs Property Plant And Equipment Net

Net Debt vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kimbell Royalty Partners Net Debt account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Kimbell Royalty's Net Debt and Property Plant And Equipment Net is 0.91. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Kimbell Royalty Partners, assuming nothing else is changed. The correlation between historical values of Kimbell Royalty's Net Debt and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Kimbell Royalty Partners are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Net Debt i.e., Kimbell Royalty's Net Debt and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Kimbell Royalty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kimbell Royalty Partners current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kimbell Royalty Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, Kimbell Royalty's Tax Provision is relatively stable compared to the past year. As of 06/01/2024, Issuance Of Capital Stock is likely to grow to about 568.5 M, while Enterprise Value Over EBITDA is likely to drop 5.81.
 2021 2022 2023 2024 (projected)
Interest Expense9.2M13.8M26.0M27.2M
Depreciation And Amortization45.2M47.4M96.8M101.7M

Kimbell Royalty fundamental ratios Correlations

0.940.490.60.920.450.970.990.920.780.991.0-0.340.490.940.990.960.920.940.920.930.720.810.890.980.11
0.940.670.770.940.50.950.931.00.760.910.94-0.320.571.00.910.980.981.00.931.00.790.720.840.96-0.13
0.490.670.980.560.640.490.440.70.120.390.49-0.440.660.670.390.630.620.680.560.710.690.030.550.51-0.2
0.60.770.980.660.630.590.560.790.270.50.6-0.420.650.770.50.730.720.780.660.80.750.170.620.63-0.2
0.920.940.560.660.280.960.890.930.750.910.91-0.410.320.940.910.950.950.931.00.930.610.710.820.94-0.2
0.450.50.640.630.280.280.490.520.080.320.460.080.960.50.320.40.380.50.280.520.830.190.650.350.44
0.970.950.490.590.960.280.940.930.810.970.96-0.410.350.950.970.970.950.940.960.930.640.790.830.98-0.13
0.990.930.440.560.890.490.940.910.810.980.99-0.210.520.930.980.940.910.920.890.910.720.860.90.970.15
0.921.00.70.790.930.520.930.910.740.880.92-0.320.591.00.880.970.971.00.931.00.80.70.830.95-0.16
0.780.760.120.270.750.080.810.810.740.820.780.040.140.760.820.80.820.750.750.730.350.930.570.85-0.12
0.990.910.390.50.910.320.970.980.880.820.99-0.360.370.911.00.940.90.90.910.890.630.840.840.980.08
1.00.940.490.60.910.460.960.990.920.780.99-0.340.490.940.990.960.920.930.910.930.730.810.890.980.12
-0.34-0.32-0.44-0.42-0.410.08-0.41-0.21-0.320.04-0.36-0.340.05-0.32-0.36-0.38-0.3-0.34-0.41-0.35-0.210.17-0.21-0.330.15
0.490.570.660.650.320.960.350.520.590.140.370.490.050.570.370.450.440.570.320.580.890.240.670.410.27
0.941.00.670.770.940.50.950.931.00.760.910.94-0.320.570.910.980.981.00.931.00.790.720.840.96-0.14
0.990.910.390.50.910.320.970.980.880.821.00.99-0.360.370.910.940.90.90.910.890.630.840.840.980.08
0.960.980.630.730.950.40.970.940.970.80.940.96-0.380.450.980.940.980.980.950.980.690.740.820.99-0.11
0.920.980.620.720.950.380.950.910.970.820.90.92-0.30.440.980.90.980.980.950.970.680.750.80.97-0.22
0.941.00.680.780.930.50.940.921.00.750.90.93-0.340.571.00.90.980.980.931.00.80.710.840.96-0.14
0.920.930.560.661.00.280.960.890.930.750.910.91-0.410.320.930.910.950.950.930.930.610.710.820.94-0.2
0.931.00.710.80.930.520.930.911.00.730.890.93-0.350.581.00.890.980.971.00.930.80.690.840.95-0.15
0.720.790.690.750.610.830.640.720.80.350.630.73-0.210.890.790.630.690.680.80.610.80.420.80.660.13
0.810.720.030.170.710.190.790.860.70.930.840.810.170.240.720.840.740.750.710.710.690.420.660.820.07
0.890.840.550.620.820.650.830.90.830.570.840.89-0.210.670.840.840.820.80.840.820.840.80.660.820.19
0.980.960.510.630.940.350.980.970.950.850.980.98-0.330.410.960.980.990.970.960.940.950.660.820.82-0.05
0.11-0.13-0.2-0.2-0.20.44-0.130.15-0.16-0.120.080.120.150.27-0.140.08-0.11-0.22-0.14-0.2-0.150.130.070.19-0.05
Click cells to compare fundamentals

Kimbell Royalty Account Relationship Matchups

Kimbell Royalty fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets748.6M564.6M601.5M1.1B1.3B1.4B
Short Long Term Debt Total103.3M174.4M219.7M235.3M296.1M310.9M
Other Current Liab4.2M7.9M27.5M17.6M6.4M7.6M
Total Current Liabilities5.4M8.8M28.3M18.8M13.0M9.4M
Total Stockholder Equity283.8B258.6B329.6B602.6B671.6B705.2B
Net Tangible Assets283.8M378.3M329.6M813.4M935.4M982.2M
Property Plant And Equipment Net709.2M526.1M545.5M756.7M1.2B1.3B
Net Debt89.1M164.6M212.6M210.6M265.1M278.3M
Accounts Payable1.2M889K811K1.2M6.6M6.9M
Cash14.2M9.8M7.1M24.6M31.0M32.5M
Non Current Assets Total714.5M536.3M556.1M1.0B1.2B1.3B
Non Currrent Assets Other2.3M5.1M5.8M(240.4B)7.3M7.7M
Other Assets2.3M5.1M5.8M1.2M1.4M2.4M
Long Term Debt100.1M171.6M217.1M233.0M294.2M308.9M
Cash And Short Term Investments14.2M9.8M7.1M24.6M31.0M32.5M
Net Receivables19.2M18.5M38.2M50.6M60.7M63.8M
Common Stock Shares Outstanding21.2M34.5M61.0M65.8M93.1M97.7M
Liabilities And Stockholders Equity389.9M263.3M271.9M474.1M309.3M245.2M
Non Current Liabilities Total103.3M177.6M224.3M244.6M296.3M311.2M
Other Stockholder Equity283.5B258.3B329.3B602.0B670.6B704.1B
Total Liab108.7M186.3M252.6M263.3M309.3M324.8M
Deferred Long Term Liab2.2M5.1M4.2M3.0M3.5M2.2M
Property Plant And Equipment Gross709.2M526.1M1.9M953.8K2.1B2.2B
Total Current Assets34.1M28.3M45.4M75.2M103.1M108.3M
Short Term Debt100.1M2.8M486.0K487.8K488.7K464.3K
Common Stock283.8M258.6M329.6M602.6M671.6M705.2M
Property Plant Equipment709.2M2.0M545.5M953.8K1.1M1.0M
Long Term Debt Total100.1M171.6M217.1M233.0M268.0M281.4M
Inventory(19.9B)(18.5B)(38.4B)(50.6B)(72.1B)(68.5B)
Other Current Assets19.9B18.5B38.4B50.6B72.1B75.8B
Cash And Equivalents14.2M9.8M7.1M24.6M28.3M29.7M
Net Invested Capital458.9M472.8M546.7M835.6M1.3B681.8M

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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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kimbell Royalty Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
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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.