Kimbell Royalty Partners Stock Probability Of Bankruptcy
| KRP Stock | USD 16.04 0.04 0.25% |
Kimbell | Probability Of Bankruptcy |
Kimbell Royalty Partners Company probability of distress Analysis
Kimbell Royalty's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
More About Probability Of Bankruptcy | All Equity Analysis
Probability Of Bankruptcy | = | Normalized | | Z-Score |
Current Kimbell Royalty Probability Of Bankruptcy | Less than 1% |
Most of Kimbell Royalty's fundamental indicators, such as Probability Of Bankruptcy, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Kimbell Royalty Partners is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Kimbell Royalty probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting Kimbell Royalty odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Kimbell Royalty Partners financial health.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kimbell Royalty. If investors know Kimbell will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kimbell Royalty listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.131 | Dividend Share 1.75 | Earnings Share 0.51 | Revenue Per Share 4.355 | Quarterly Revenue Growth 0.034 |
The market value of Kimbell Royalty Partners is measured differently than its book value, which is the value of Kimbell that is recorded on the company's balance sheet. Investors also form their own opinion of Kimbell Royalty's value that differs from its market value or its book value, called intrinsic value, which is Kimbell Royalty's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kimbell Royalty's market value can be influenced by many factors that don't directly affect Kimbell Royalty's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kimbell Royalty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kimbell Royalty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kimbell Royalty's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Kimbell Probability Of Bankruptcy Driver Correlations
Understanding the fundamental principles of building solid financial models for Kimbell Royalty is extremely important. It helps to project a fair market value of Kimbell Stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since Kimbell Royalty's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Kimbell Royalty's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Kimbell Royalty's interrelated accounts and indicators.
Click cells to compare fundamentals
The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
| Competition |
Based on the latest financial disclosure, Kimbell Royalty Partners has a Probability Of Bankruptcy of 1.0%. This is 97.93% lower than that of the Oil, Gas & Consumable Fuels sector and 97.95% lower than that of the Energy industry. The probability of bankruptcy for all United States stocks is 97.49% higher than that of the company.
Kimbell Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Kimbell Royalty's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Kimbell Royalty could also be used in its relative valuation, which is a method of valuing Kimbell Royalty by comparing valuation metrics of similar companies.Kimbell Royalty is currently under evaluation in probability of bankruptcy category among its peers.
Kimbell Royalty Main Bankruptcy Drivers
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Return On Assets | (0.21) | (0.45) | 0.0563 | 0.1 | 0.0497 | 0.0522 | |
| Asset Turnover | 0.0888 | 0.15 | 0.16 | 0.3 | 0.26 | 0.2 | |
| Gross Profit Margin | 0.46 | 0.41 | 0.73 | 0.77 | 0.57 | 0.6 | |
| Net Debt | 89.1M | 164.6M | 212.6M | 210.6M | 265.1M | 278.3M | |
| Total Current Liabilities | 5.4M | 8.8M | 28.3M | 18.8M | 13.0M | 9.4M | |
| Non Current Liabilities Total | 103.3M | 177.6M | 224.3M | 244.6M | 296.3M | 311.2M | |
| Total Assets | 748.6M | 564.6M | 601.5M | 1.1B | 1.3B | 1.4B | |
| Total Current Assets | 34.1M | 28.3M | 45.4M | 75.2M | 103.1M | 108.3M | |
| Total Cash From Operating Activities | 80.7M | 62.2M | 91.4M | 166.6M | 174.3M | 183.0M |
Kimbell Royalty ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Kimbell Royalty's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Kimbell Royalty's managers, analysts, and investors.Environmental | Governance | Social |
Kimbell Fundamentals
| Return On Equity | 0.068 | ||||
| Return On Asset | 0.0607 | ||||
| Profit Margin | 0.18 % | ||||
| Operating Margin | 0.46 % | ||||
| Current Valuation | 1.52 B | ||||
| Shares Outstanding | 80.97 M | ||||
| Shares Owned By Insiders | 5.51 % | ||||
| Shares Owned By Institutions | 35.98 % | ||||
| Number Of Shares Shorted | 2.05 M | ||||
| Price To Earning | 11.73 X | ||||
| Price To Book | 1.53 X | ||||
| Price To Sales | 4.72 X | ||||
| Revenue | 273.18 M | ||||
| Gross Profit | 268.8 M | ||||
| EBITDA | 207.35 M | ||||
| Net Income | 83.01 M | ||||
| Cash And Equivalents | 24.64 M | ||||
| Cash Per Share | 0.25 X | ||||
| Total Debt | 296.09 M | ||||
| Debt To Equity | 0.39 % | ||||
| Current Ratio | 1.40 X | ||||
| Book Value Per Share | 6.57 X | ||||
| Cash Flow From Operations | 174.27 M | ||||
| Short Ratio | 5.53 X | ||||
| Earnings Per Share | 0.51 X | ||||
| Target Price | 20.0 | ||||
| Beta | 1.13 | ||||
| Market Capitalization | 1.53 B | ||||
| Total Asset | 1.34 B | ||||
| Retained Earnings | 217.59 K | ||||
| Working Capital | 90.16 M | ||||
| Current Asset | 9.09 M | ||||
| Current Liabilities | 2.56 M | ||||
| Annual Yield | 0.10 % | ||||
| Five Year Return | 9.65 % | ||||
| Net Asset | 1.34 B | ||||
| Last Dividend Paid | 1.75 |
About Kimbell Royalty Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Kimbell Royalty Partners's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Kimbell Royalty using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Kimbell Royalty Partners based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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
| 0.71 | AR | Antero Resources Corp | PairCorr |
| 0.62 | EP | Empire Petroleum Corp | PairCorr |
| 0.74 | LB | LandBridge Company Upward Rally | PairCorr |
| 0.76 | PR | Permian Resources Aggressive Push | PairCorr |
Moving against Kimbell Stock
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.