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
Kimbell Royalty Partners: Revenue Growth, 10% Dividend, No K1
Jan 27Kimbell Royalty Partners: Midland Basin Acquisition May Boost Oil Production By 15%
Jan 14Kimbell Royalty Partners: New Permian Wells Should Boost Production And Oil Cut
Nov 299% Yield At $70 WTI - The Power Of Kimbell Royalty Partners
Sep 23Kimbell Royalty Partners: The Case Of Sound 10%+ Yield Remains Intact
Aug 23Kimbell Royalty Partners: A De-Risked 11% Yielder To Buy
Jun 23High-Quality Energy Income - Unlocking Double-Digit Yields With Kimbell Royalty Partners
May 26Kimbell Royalty Partners: 2024 Production Guidance May Be Conservative
Apr 10Kimbell Royalty Partners: Looking At Projected Results And Distribution For 2024
Jan 13Kimbell Royalty Partners Is Worth Looking For The Right Entry Position
Dec 26Kimbell Royalty Partners: Closes LongPoint Acquisition And Issues $325 Million In Preferred Units
Oct 12Kimbell Royalty Partners: Yield May Reach 13% In 2024 With 75% Payout Ratio
Aug 03Kimbell Royalty Partners: Recent Acquisition Adds Nearly 20% To Distributable Cash Flow Per Unit
May 28Financial Position Analysis
Short Term Liabilities: KRP's short term assets ($92.2M) exceed its short term liabilities ($17.7M).
Long Term Liabilities: KRP's short term assets ($92.2M) do not cover its long term liabilities ($253.9M).
Debt to Equity History and Analysis
Debt Level: KRP's net debt to equity ratio (23.1%) is considered satisfactory.
Reducing Debt: KRP's debt to equity ratio has increased from 12.5% to 26.7% over the past 5 years.
Debt Coverage: KRP's debt is well covered by operating cash flow (100.6%).
Interest Coverage: KRP's interest payments on its debt are well covered by EBIT (4.5x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/29 01:28 |
| End of Day Share Price | 2025/01/29 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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 |