Kimbell Total Assets from 2010 to 2025
| KRP Stock | USD 14.01 0.18 1.27% |
Total Assets | First Reported 2015-12-31 | Previous Quarter 1.2 B | Current Value 1.1 B | Quarterly Volatility 383 M |
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 142.2 M, Interest Expense of 28 M or Selling General Administrative of 40.5 B, as well as many indicators such as Price To Sales Ratio of 0.0038, Dividend Yield of 0.13 or PTB Ratio of 0.0025. Kimbell financial statements analysis is a perfect complement when working with Kimbell Royalty Valuation or Volatility modules.
Kimbell | Total Assets |
Latest Kimbell Royalty's Total Assets Growth Pattern
Below is the plot of the Total Assets of Kimbell Royalty Partners over the last few years. Total assets refers to the total amount of Kimbell Royalty assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Kimbell Royalty Partners books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Kimbell Royalty's Total 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.
| View | Last Reported 1.12 T | 10 Years Trend |
|
Total Assets |
| Timeline |
Kimbell Total Assets Regression Statistics
| Arithmetic Mean | 143,846,581,520 | |
| Geometric Mean | 533,485,378 | |
| Coefficient Of Variation | 272.57 | |
| Mean Deviation | 251,016,512,639 | |
| Median | 564,634,000 | |
| Standard Deviation | 392,080,775,862 | |
| Sample Variance | 153727334800.5T | |
| Range | 1.2T | |
| R-Value | 0.58 | |
| Mean Square Error | 110156347167.5T | |
| R-Squared | 0.33 | |
| Significance | 0.02 | |
| Slope | 47,394,500,849 | |
| Total Sum of Squares | 2305910022007.1T |
Kimbell Total Assets History
Other Fundumenentals of Kimbell Royalty Partners
Kimbell Royalty Total Assets component correlations
Click cells to compare fundamentals
About Kimbell Royalty Financial Statements
Kimbell Royalty shareholders use historical fundamental indicators, such as Total Assets, 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 | ||
| Total Assets | 1.1 T | 1.2 T |
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
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.