Kimbell Historical Cash Flow
| KRP Stock | USD 16.18 0.18 1.12% |
Analysis of Kimbell Royalty cash flow over time is an excellent tool to project Kimbell Royalty Partners future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Capital Expenditures of 515.3 M or Total Cash From Operating Activities of 183 M as it is a great indicator of Kimbell Royalty ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Kimbell Royalty Partners latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Kimbell Royalty Partners is a good buy for the upcoming year.
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About Kimbell Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Kimbell balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which Kimbell's non-liquid assets can be easily converted into cash.
Kimbell Royalty Cash Flow Chart
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Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.Capital Expenditures
Capital Expenditures are funds used by Kimbell Royalty Partners to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Kimbell Royalty operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Most accounts from Kimbell Royalty's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Kimbell Royalty Partners current financial condition. On the other hand, looking into the entire matrix of cash flow statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kimbell Royalty Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. At this time, Kimbell Royalty's Net Borrowings is relatively stable compared to the past year. As of 11/30/2024, Stock Based Compensation is likely to grow to about 13.8 M, though Change In Working Capital is likely to grow to (8.3 M).
Kimbell Royalty cash flow statement Correlations
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Kimbell Royalty Account Relationship Matchups
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High Negative Relationship
Kimbell Royalty cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (1.6M) | (4.4M) | (2.8M) | 18.0M | 6.0M | 5.9M | |
| Free Cash Flow | 68.0M | (26.4M) | 35.4M | 25.2M | (316.5M) | (300.7M) | |
| Change In Working Capital | 5.6M | 659.5K | (20.5M) | (14.3M) | (8.7M) | (8.3M) | |
| Other Cashflows From Financing Activities | 24.8M | 158.2M | 135.9M | 195.9M | 386.6M | 406.0M | |
| Depreciation | 52.3M | 48.3M | 37.1M | 50.4M | 96.8M | 101.7M | |
| Other Non Cash Items | 1.1M | 980.8K | 1.6M | (11.3M) | (2.3M) | (2.1M) | |
| Capital Expenditures | 12.7M | 88.6M | 56.1M | 141.5M | 490.8M | 515.3M | |
| Total Cash From Operating Activities | 80.7M | 62.2M | 91.4M | 166.6M | 174.3M | 183.0M | |
| Change To Account Receivables | 4.4M | 720.9K | (19.7M) | (12.4M) | (10.2M) | (9.7M) | |
| Net Income | (158.2M) | (256.1M) | 42.4M | 130.8M | 83.0M | 87.2M | |
| Total Cash From Financing Activities | (66.7M) | 24.2M | (38.6M) | 226.1M | 78.4M | 70.4M | |
| End Period Cash Flow | 14.2M | 9.8M | 7.1M | 25.0M | 31.0M | 32.5M | |
| Sale Purchase Of Stock | (319.5K) | (61.5M) | (69.3M) | (3.8M) | (248.0M) | (235.6M) | |
| Change To Inventory | (233.8K) | (34.1M) | 1.8M | 533.6K | 480.2K | 504.2K | |
| Net Borrowings | 12.7M | 67.0M | 44.9M | 15.2M | 17.5M | 28.6M | |
| Stock Based Compensation | 7.5M | 9.3M | 10.6M | 11.1M | 13.1M | 13.8M | |
| Begin Period Cash Flow | 15.8M | 14.2M | 9.8M | 7.1M | 25.0M | 26.3M | |
| Total Cashflows From Investing Activities | (15.6M) | (90.8M) | (55.6M) | (374.7M) | (337.3M) | (320.4M) | |
| Dividends Paid | 78.9M | 54.9M | 71.7M | 126.8M | 153.0M | 160.6M | |
| Change To Operating Activities | 1.3M | 257.6K | (770.6K) | (2.4M) | (2.1M) | (2.0M) | |
| Change To Netincome | 180.0M | 268.4M | 30.9M | (2.1M) | (2.4M) | (2.3M) | |
| Change To Liabilities | 1.6M | 214.6K | (541.5K) | 2.0M | 2.3M | 2.4M | |
| Other Cashflows From Investing Activities | (1.0M) | (996.1K) | (772.7K) | (163.1K) | (146.8K) | (139.5K) | |
| Change Receivables | (26.3K) | (897.1K) | (2.1M) | (511.3K) | (460.2K) | (483.2K) | |
| Cash And Cash Equivalents Changes | (1.6M) | (4.4M) | (2.8M) | 18.0M | 20.7M | 21.7M | |
| Cash Flows Other Operating | 4.1M | 1.5M | (17.6M) | (15.5M) | (14.0M) | (13.3M) | |
| Issuance Of Capital Stock | 470K | 73.6M | 57.5M | 344.1M | 541.4M | 568.5M |
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
| 0.72 | AR | Antero Resources Corp Potential Growth | PairCorr |
| 0.66 | EP | Empire Petroleum Corp | PairCorr |
| 0.77 | PR | Permian Resources | PairCorr |
| 0.7 | SM | SM Energy | 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.