Kimbell Historical Income Statement
KRP Stock | USD 15.32 0.24 1.59% |
Historical analysis of Kimbell Royalty income statement accounts such as Selling And Marketing Expenses of 16.9 B can show how well Kimbell Royalty Partners performed in making a profits. Evaluating Kimbell Royalty income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Kimbell Royalty's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Kimbell Royalty Partners latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Kimbell Royalty Partners is a good buy for the upcoming year.
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About Kimbell Income Statement Analysis
Kimbell Royalty Partners Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Kimbell Royalty shareholders. The income statement also shows Kimbell investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Kimbell Royalty Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Kimbell Royalty Partners generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Kimbell Royalty Partners. It is also known as Kimbell Royalty overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Kimbell Royalty's income statement are interrelated and interconnected. However, analyzing income statement accounts 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 income statement accounts, 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 Operating Income is relatively stable compared to the past year. As of 03/02/2025, Net Income From Continuing Ops is likely to grow to about 11.6 M, though Tax Provision is likely to grow to (732.8 K).
2022 | 2023 | 2024 | 2025 (projected) | Interest Expense | 13.8M | 26.0M | 26.7M | 28.0M | Depreciation And Amortization | 50.4M | 96.8M | 135.5M | 142.2M |
Kimbell Royalty income statement Correlations
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Kimbell Royalty Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kimbell Royalty income statement Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Depreciation And Amortization | 48.3M | 37.1M | 50.4M | 96.8M | 135.5M | 142.2M | |
Interest Expense | 6.4M | 9.2M | 13.8M | 26.0M | 26.7M | 28.0M | |
Selling General Administrative | 25.9M | 27.0M | 31.4M | 36.6M | 38.5B | 40.5B | |
Selling And Marketing Expenses | 9.4M | 12.0M | 13.4M | 12.6M | 16.1B | 16.9B | |
Total Revenue | 92.9M | 178.4M | 285.0M | 273.2M | 309.3B | 324.8B | |
Gross Profit | 38.6M | 131.1M | 218.7M | 156.4M | 288.9B | 303.3B | |
Other Operating Expenses | 89.7M | 86.3M | 111.1M | 166.0M | 272.3B | 285.9B | |
Operating Income | (44.3M) | 49.3M | 136.9M | 109.9M | 37.0B | 38.8B | |
Net Income From Continuing Ops | (256.1M) | 42.4M | 130.8M | 83.0M | 11.1M | 11.6M | |
Ebit | (250.5M) | 51.7M | 147.4M | 110.5M | 36.9B | 38.7B | |
Ebitda | (202.3M) | 88.8M | 197.8M | 207.3M | 37.0B | 38.8B | |
Cost Of Revenue | 54.4M | 47.3M | 66.3M | 116.8M | 20.4B | 21.4B | |
Total Operating Expenses | 35.3M | 39.0M | 44.8M | 49.2M | 251.9B | 264.5B | |
Income Before Tax | (257.0M) | 42.5M | 133.5M | 86.8M | 10.3M | 10.8M | |
Total Other Income Expense Net | (6.2M) | (6.8M) | (3.4M) | 2.0M | (37.0B) | (35.1B) | |
Net Income Applicable To Common Shares | (83.0M) | (167.3M) | 45.3M | 112.0M | 128.8M | 135.2M | |
Net Income | (256.1M) | 33.9M | 111.9M | 66.5M | 12.3M | 12.9M | |
Income Tax Expense | (885K) | 74K | 2.7M | 3.8M | (771.3K) | (732.8K) | |
Tax Provision | (885.2K) | 74K | 2.7M | 3.8M | (771.3K) | (732.8K) | |
Interest Income | 5.7M | 5.7M | 8.1M | 3.7M | 3.5M | 0.0 | |
Minority Interest | (96.6M) | 8.5M | (18.8M) | (14.9M) | 1.3M | 1.2M | |
Net Interest Income | (6.4M) | (9.2M) | (10.1M) | (22.4M) | (26.7M) | (25.4M) | |
Reconciled Depreciation | 48.3M | 37.1M | 50.4M | 96.8M | 135.5M | 70.0M |
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.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.