Kimbell Non Current Assets Total vs Net Debt 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 Non Current Assets Total and its Net Debt 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.
Non Current Assets Total vs Net Debt
Non Current Assets Total vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kimbell Royalty Partners Non Current Assets Total account and Net Debt. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Kimbell Royalty's Non Current Assets Total and Net Debt is 0.92. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Net Debt 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 Non Current Assets Total and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Kimbell Royalty Partners are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Non Current Assets Total i.e., Kimbell Royalty's Non Current Assets Total and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.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.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 Expense | 9.2M | 13.8M | 26.0M | 27.2M | Depreciation And Amortization | 45.2M | 47.4M | 96.8M | 101.7M |
Kimbell Royalty fundamental ratios Correlations
Click cells to compare fundamentals
Kimbell Royalty Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kimbell Royalty fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 748.6M | 564.6M | 601.5M | 1.1B | 1.3B | 1.4B | |
Short Long Term Debt Total | 103.3M | 174.4M | 219.7M | 235.3M | 296.1M | 310.9M | |
Other Current Liab | 4.2M | 7.9M | 27.5M | 17.6M | 6.4M | 7.6M | |
Total Current Liabilities | 5.4M | 8.8M | 28.3M | 18.8M | 13.0M | 9.4M | |
Total Stockholder Equity | 283.8B | 258.6B | 329.6B | 602.6B | 671.6B | 705.2B | |
Net Tangible Assets | 283.8M | 378.3M | 329.6M | 813.4M | 935.4M | 982.2M | |
Property Plant And Equipment Net | 709.2M | 526.1M | 545.5M | 756.7M | 1.2B | 1.3B | |
Net Debt | 89.1M | 164.6M | 212.6M | 210.6M | 265.1M | 278.3M | |
Accounts Payable | 1.2M | 889K | 811K | 1.2M | 6.6M | 6.9M | |
Cash | 14.2M | 9.8M | 7.1M | 24.6M | 31.0M | 32.5M | |
Non Current Assets Total | 714.5M | 536.3M | 556.1M | 1.0B | 1.2B | 1.3B | |
Non Currrent Assets Other | 2.3M | 5.1M | 5.8M | (240.4B) | 7.3M | 7.7M | |
Other Assets | 2.3M | 5.1M | 5.8M | 1.2M | 1.4M | 2.4M | |
Long Term Debt | 100.1M | 171.6M | 217.1M | 233.0M | 294.2M | 308.9M | |
Cash And Short Term Investments | 14.2M | 9.8M | 7.1M | 24.6M | 31.0M | 32.5M | |
Net Receivables | 19.2M | 18.5M | 38.2M | 50.6M | 60.7M | 63.8M | |
Common Stock Shares Outstanding | 21.2M | 34.5M | 61.0M | 65.8M | 93.1M | 97.7M | |
Liabilities And Stockholders Equity | 389.9M | 263.3M | 271.9M | 474.1M | 309.3M | 245.2M | |
Non Current Liabilities Total | 103.3M | 177.6M | 224.3M | 244.6M | 296.3M | 311.2M | |
Other Stockholder Equity | 283.5B | 258.3B | 329.3B | 602.0B | 670.6B | 704.1B | |
Total Liab | 108.7M | 186.3M | 252.6M | 263.3M | 309.3M | 324.8M | |
Deferred Long Term Liab | 2.2M | 5.1M | 4.2M | 3.0M | 3.5M | 2.2M | |
Property Plant And Equipment Gross | 709.2M | 526.1M | 1.9M | 953.8K | 2.1B | 2.2B | |
Total Current Assets | 34.1M | 28.3M | 45.4M | 75.2M | 103.1M | 108.3M | |
Short Term Debt | 100.1M | 2.8M | 486.0K | 487.8K | 488.7K | 464.3K | |
Common Stock | 283.8M | 258.6M | 329.6M | 602.6M | 671.6M | 705.2M | |
Property Plant Equipment | 709.2M | 2.0M | 545.5M | 953.8K | 1.1M | 1.0M | |
Long Term Debt Total | 100.1M | 171.6M | 217.1M | 233.0M | 268.0M | 281.4M | |
Inventory | (19.9B) | (18.5B) | (38.4B) | (50.6B) | (72.1B) | (68.5B) | |
Other Current Assets | 19.9B | 18.5B | 38.4B | 50.6B | 72.1B | 75.8B | |
Cash And Equivalents | 14.2M | 9.8M | 7.1M | 24.6M | 28.3M | 29.7M | |
Net Invested Capital | 458.9M | 472.8M | 546.7M | 835.6M | 1.3B | 681.8M |
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Try AI Portfolio ArchitectCheck 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. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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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.