Kimbell Total Stockholder Equity vs Cash And Short Term Investments 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 Total Stockholder Equity and its Cash And Short Term Investments 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.

Total Stockholder Equity vs Cash And Short Term Investments

Total Stockholder Equity vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kimbell Royalty Partners Total Stockholder Equity account and Cash And Short Term Investments. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Kimbell Royalty's Total Stockholder Equity and Cash And Short Term Investments is 0.91. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Cash And Short Term Investments 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 Total Stockholder Equity and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Kimbell Royalty Partners are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Stockholder Equity i.e., Kimbell Royalty's Total Stockholder Equity and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Kimbell Royalty Partners balance sheet. This account contains Kimbell Royalty investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Kimbell Royalty Partners fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
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.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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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.