Kimbell Royalty Partners Balance Sheet Health
Financial Health criteria checks 4/6
Kimbell Royalty Partners has a total shareholder equity of $943.1M and total debt of $252.2M, which brings its debt-to-equity ratio to 26.7%. Its total assets and total liabilities are $1.2B and $271.6M respectively. Kimbell Royalty Partners's EBIT is $127.2M making its interest coverage ratio 4.5. It has cash and short-term investments of $34.7M.
Key information
26.7%
Debt to equity ratio
US$252.16m
Debt
| Interest coverage ratio | 4.5x |
| Cash | US$34.71m |
| Equity | US$943.06m |
| Total liabilities | US$271.61m |
| Total assets | US$1.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0R3's short term assets ($92.2M) exceed its short term liabilities ($17.7M).
Long Term Liabilities: 0R3's short term assets ($92.2M) do not cover its long term liabilities ($253.9M).
Debt to Equity History and Analysis
Debt Level: 0R3's net debt to equity ratio (23.1%) is considered satisfactory.
Reducing Debt: 0R3's debt to equity ratio has increased from 12.5% to 26.7% over the past 5 years.
Debt Coverage: 0R3's debt is well covered by operating cash flow (100.6%).
Interest Coverage: 0R3's interest payments on its debt are well covered by EBIT (4.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 00:37 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Kimbell Royalty Partners, LP is covered by 14 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Abbott | BofA Global Research |
| Noah Hungness | BofA Global Research |
| Paul Diamond | Citigroup Inc |