Kimbell Ev To Operating Cash Flow from 2010 to 2024
| KRP Stock | USD 16.20 0.02 0.12% |
EV To Operating Cash Flow | First Reported 2010-12-31 | Previous Quarter 7.27245566 | Current Value 6.91 | Quarterly Volatility 80.95235654 |
Check Kimbell Royalty financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Kimbell Royalty's 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 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.
Kimbell | Ev To Operating Cash Flow |
Latest Kimbell Royalty's Ev To Operating Cash Flow Growth Pattern
Below is the plot of the Ev To Operating Cash Flow of Kimbell Royalty Partners over the last few years. It is a valuation metric comparing the company's enterprise value to its operating cash flow, indicating how many dollars of EV are generated for each dollar of operating cash flows. Kimbell Royalty's EV To Operating Cash Flow 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.
| Ev To Operating Cash Flow | 10 Years Trend |
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Ev To Operating Cash Flow |
| Timeline |
Kimbell Ev To Operating Cash Flow Regression Statistics
| Arithmetic Mean | 27.33 | |
| Geometric Mean | 5.62 | |
| Coefficient Of Variation | 296.24 | |
| Mean Deviation | 38.96 | |
| Median | 7.03 | |
| Standard Deviation | 80.95 | |
| Sample Variance | 6,553 | |
| Range | 319 | |
| R-Value | (0.04) | |
| Mean Square Error | 7,048 | |
| R-Squared | 0 | |
| Significance | 0.90 | |
| Slope | (0.66) | |
| Total Sum of Squares | 91,746 |
Kimbell Ev To Operating Cash Flow History
About Kimbell Royalty Financial Statements
Kimbell Royalty shareholders use historical fundamental indicators, such as Ev To Operating Cash Flow, to determine how well the company is positioned to perform in the future. Although Kimbell Royalty investors may analyze each financial statement separately, they are all interrelated. The changes in Kimbell Royalty's assets and liabilities, for example, are also reflected in the revenues and expenses on on Kimbell Royalty's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| EV To Operating Cash Flow | 7.27 | 6.91 |
Pair Trading with Kimbell Royalty
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Kimbell Royalty position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Kimbell Royalty will appreciate offsetting losses from the drop in the long position's value.Moving together with Kimbell Stock
| 0.73 | AR | Antero Resources Corp | PairCorr |
| 0.68 | EP | Empire Petroleum Corp | PairCorr |
| 0.78 | PR | Permian Resources | PairCorr |
| 0.74 | SM | SM Energy | PairCorr |
Moving against Kimbell Stock
The ability to find closely correlated positions to Kimbell Royalty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kimbell Royalty when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Kimbell Royalty - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Kimbell Royalty Partners to buy it.
The correlation of Kimbell Royalty is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Kimbell Royalty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kimbell Royalty Partners moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Kimbell Royalty can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Kimbell Stock Analysis
When running Kimbell Royalty's price analysis, check to measure Kimbell Royalty's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kimbell Royalty is operating at the current time. Most of Kimbell Royalty's value examination focuses on studying past and present price action to predict the probability of Kimbell Royalty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kimbell Royalty's price. Additionally, you may evaluate how the addition of Kimbell Royalty to your portfolios can decrease your overall portfolio volatility.