Kimbell Historical Financial Ratios
| KRP Stock | USD 16.18 0.18 1.12% |
Kimbell Royalty is lately reporting on over 111 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Days Sales Outstanding of 53.75 will help investors to properly organize and evaluate Kimbell Royalty Partners financial condition quickly.
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About Kimbell Financial Ratios Analysis
Kimbell Royalty PartnersFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Kimbell Royalty investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Kimbell financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Kimbell Royalty history.
Kimbell Royalty Financial Ratios Chart
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Dividend Yield
Dividend Yield is Kimbell Royalty Partners dividend as a percentage of Kimbell Royalty stock price. Kimbell Royalty Partners dividend yield is a measure of Kimbell Royalty stock productivity, which can be interpreted as interest rate earned on an Kimbell Royalty investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Operating Cash Flow Per Share
A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.Free Cash Flow Per Share
The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.Most ratios from Kimbell Royalty's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios 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 fundamentals ratios, 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 closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. At this time, Kimbell Royalty's Interest Coverage is relatively stable compared to the past year. As of 12/02/2024, ROE is likely to grow to 0.0001, while PTB Ratio is likely to drop 0.
| 2021 | 2022 (projected) | Dividend Yield | 0.13 | 0.14 | Price To Sales Ratio | 3.09 | 3.17 |
Kimbell Royalty fundamentals Correlations
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Kimbell Royalty Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kimbell Royalty fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 3.28 | 2.94 | 3.09 | 3.17 | 3.67 | 3.49 | |
| Ptb Ratio | 0.001269 | 0.001056 | 0.001671 | 0.0015 | 0.001492 | 0.001418 | |
| Days Sales Outstanding | 63.64 | 72.76 | 78.15 | 64.74 | 81.13 | 53.75 | |
| Book Value Per Share | 30.19 | 10.96 | 8.63 | 15.03 | 15.44 | 23.93 | |
| Free Cash Flow Yield | 0.19 | (0.0965) | 0.0642 | 0.0279 | (0.32) | (0.33) | |
| Stock Based Compensation To Revenue | 0.0682 | 0.0997 | 0.0596 | 0.039 | 0.048 | 0.0778 | |
| Capex To Depreciation | 0.24 | 1.84 | 1.51 | 2.81 | 5.07 | 6.61 | |
| Pb Ratio | 0.001269 | 0.001056 | 0.001671 | 0.0015 | 0.001492 | 0.001418 | |
| Ev To Sales | 4.09 | 4.71 | 4.28 | 3.91 | 4.64 | 4.41 | |
| Free Cash Flow Per Share | 3.21 | (0.76) | 0.88 | 0.47 | (4.75) | (4.99) | |
| Roic | (1.16E-4) | (1.71E-4) | 1.49E-4 | 2.22E-4 | 1.56E-4 | 1.64E-4 | |
| Inventory Turnover | (0.003002) | (0.002935) | (0.001232) | (0.001312) | (0.001181) | (0.00124) | |
| Net Income Per Share | (7.47) | (7.42) | 0.84 | 2.07 | 1.0 | 1.05 | |
| Days Of Inventory On Hand | (121.6K) | (124.4K) | (296.2K) | (278.2K) | (320.0K) | (304.0K) | |
| Payables Turnover | 49.55 | 61.19 | 58.29 | 54.8 | 17.71 | 16.83 | |
| Sales General And Administrative To Revenue | 0.25 | 0.21 | 0.28 | 0.15 | 0.11 | 0.13 | |
| Capex To Revenue | 0.12 | 0.95 | 0.31 | 0.5 | 1.8 | 3.3 | |
| Cash Per Share | 0.67 | 0.28 | 0.17 | 0.46 | 0.47 | 0.44 | |
| Pocfratio | 4.46 | 4.39 | 6.02 | 5.42 | 5.75 | 5.46 | |
| Interest Coverage | (5.66) | (6.89) | 5.37 | 9.91 | 4.23 | 4.45 | |
| Payout Ratio | (0.5) | (0.21) | 2.12 | 1.13 | 2.3 | 1.8 | |
| Capex To Operating Cash Flow | 0.16 | 1.42 | 0.61 | 0.85 | 2.82 | 2.68 | |
| Pfcf Ratio | 5.3 | (10.37) | 15.57 | 35.9 | (3.17) | (3.01) | |
| Days Payables Outstanding | 7.37 | 5.97 | 6.26 | 6.66 | 20.61 | 19.58 | |
| Income Quality | (0.51) | (0.24) | 2.15 | 1.27 | 2.56 | 1.38 | |
| Roe | (5.57E-4) | (9.9E-4) | 1.03E-4 | 1.86E-4 | 9.9E-5 | 1.04E-4 | |
| Ev To Operating Cash Flow | 5.57 | 7.03 | 8.35 | 6.69 | 7.27 | 6.91 | |
| Pe Ratio | (2.28) | (1.07) | 16.26 | 8.07 | 15.08 | 13.68 | |
| Return On Tangible Assets | (0.21) | (0.45) | 0.0563 | 0.1 | 0.0497 | 0.0522 | |
| Ev To Free Cash Flow | 6.61 | (16.61) | 21.58 | 44.26 | (4.0) | (3.8) | |
| Earnings Yield | (0.44) | (0.94) | 0.0615 | 0.12 | 0.0663 | 0.0696 | |
| Net Debt To E B I T D A | (0.9) | (0.81) | 2.39 | 1.07 | 1.27 | 1.33 | |
| Current Ratio | 6.28 | 3.23 | 1.6 | 4.01 | 7.95 | 8.35 | |
| Tangible Book Value Per Share | 30.19 | 10.96 | 8.63 | 15.03 | 15.44 | 23.93 | |
| Receivables Turnover | 5.74 | 5.02 | 4.67 | 5.64 | 4.5 | 6.79 | |
| Graham Number | 1.5K | 1.1K | 392.25 | 719.92 | 475.83 | 345.28 | |
| Shareholders Equity Per Share | 13.4K | 7.5K | 8.2K | 11.1K | 10.1K | 10.6K |
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
| 0.72 | AR | Antero Resources Corp Potential Growth | PairCorr |
| 0.66 | EP | Empire Petroleum Corp | PairCorr |
| 0.77 | PR | Permian Resources | PairCorr |
| 0.7 | 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.