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).