Kimbell Net Receivables from 2010 to 2026
| KRP Stock | USD 14.08 0.02 0.14% |
Net Receivables | First Reported 2014-09-30 | Previous Quarter 48 M | Current Value 43.8 M | Quarterly Volatility 21 M |
Check Kimbell Royalty financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Kimbell Royalty's main balance sheet or income statement drivers, such as Depreciation And Amortization of 163.6 M, Selling General Administrative of 33 M or Total Revenue of 375.1 M, as well as many indicators such as Price To Sales Ratio of 4.35, Dividend Yield of 0.13 or PTB Ratio of 1.73. Kimbell financial statements analysis is a perfect complement when working with Kimbell Royalty Valuation or Volatility modules.
Kimbell | Net Receivables | Build AI portfolio with Kimbell Stock |
Evaluating Kimbell Royalty's Net Receivables across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Kimbell Royalty Partners's fundamental strength.
Latest Kimbell Royalty's Net Receivables Growth Pattern
Below is the plot of the Net Receivables of Kimbell Royalty Partners over the last few years. It is Kimbell Royalty's Net Receivables historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Kimbell Royalty's overall financial position and show how it may be relating to other accounts over time.
| Net Receivables | 10 Years Trend |
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Net Receivables |
| Timeline |
Kimbell Net Receivables Regression Statistics
| Arithmetic Mean | 22,459,466 | |
| Geometric Mean | 6,508,169 | |
| Coefficient Of Variation | 106.83 | |
| Mean Deviation | 20,966,049 | |
| Median | 18,527,000 | |
| Standard Deviation | 23,992,733 | |
| Sample Variance | 575.7T | |
| Range | 60.2M | |
| R-Value | 0.93 | |
| Mean Square Error | 84T | |
| R-Squared | 0.86 | |
| Slope | 4,414,344 | |
| Total Sum of Squares | 9210.4T |
Kimbell Net Receivables History
About Kimbell Royalty Financial Statements
Kimbell Royalty shareholders use historical fundamental indicators, such as Net Receivables, to determine how well the company is positioned to perform in the future. Although Kimbell Royalty investors may analyze each financial statement separately, they are all interrelated. The changes in Kimbell Royalty's assets and liabilities, for example, are also reflected in the revenues and expenses on on Kimbell Royalty's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Net Receivables | 56 M | 58.8 M |
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.Moving together with Kimbell Stock
Moving against Kimbell Stock
| 0.58 | INDI | Indus Gas Limited | PairCorr |
| 0.34 | JGH | Jade Gas Holdings | PairCorr |
| 0.34 | LGN | Logan Energy Corp | PairCorr |
| 0.32 | AXP | AXP Energy | PairCorr |
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.