Kimbell Royalty Partners Balance Sheet Health
Financial Health criteria checks 4/6
Kimbell Royalty Partners has a total shareholder equity of $990.1M and total debt of $285.4M, which brings its debt-to-equity ratio to 28.8%. Its total assets and total liabilities are $1.3B and $300.9M respectively. Kimbell Royalty Partners's EBIT is $112.3M making its interest coverage ratio 4.2. It has cash and short-term investments of $39.7M.
Key information
28.8%
Debt to equity ratio
US$285.36m
Debt
Interest coverage ratio | 4.2x |
Cash | US$39.68m |
Equity | US$990.13m |
Total liabilities | US$300.94m |
Total assets | US$1.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0R3's short term assets ($103.3M) exceed its short term liabilities ($12.2M).
Long Term Liabilities: 0R3's short term assets ($103.3M) do not cover its long term liabilities ($288.8M).
Debt to Equity History and Analysis
Debt Level: 0R3's net debt to equity ratio (24.8%) is considered satisfactory.
Reducing Debt: 0R3's debt to equity ratio has increased from 10.7% to 28.8% over the past 5 years.
Debt Coverage: 0R3's debt is well covered by operating cash flow (61.1%).
Interest Coverage: 0R3's interest payments on its debt are well covered by EBIT (4.2x coverage).