Kimbell Historical Income Statement

KRP Stock  USD 16.13  0.09  0.56%   
Historical analysis of Kimbell Royalty income statement accounts such as Selling And Marketing Expenses of 7.7 M can show how well Kimbell Royalty Partners performed in making a profits. Evaluating Kimbell Royalty income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Kimbell Royalty's future profits or losses.
 
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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.
  
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 tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

About Kimbell Income Statement Analysis

Kimbell Royalty Partners Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Kimbell Royalty shareholders. The income statement also shows Kimbell investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Kimbell Royalty Income Statement Chart

Kimbell Royalty Partners Income Statement is one of the three primary financial statements used for reporting Kimbell's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Kimbell Royalty Partners revenue and expense. Kimbell Royalty Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Kimbell Royalty's EBIT is relatively stable compared to the past year. As of 04/29/2024, EBITDA is likely to grow to about 217.7 M, while Cost Of Revenue is likely to drop slightly above 111 M.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Kimbell Royalty Partners minus its cost of goods sold. It is profit before Kimbell Royalty operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Kimbell Royalty Partners. It is also known as Kimbell Royalty overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Kimbell Royalty's income statement are interrelated and interconnected. However, analyzing income 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 income 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 tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, Kimbell Royalty's EBIT is relatively stable compared to the past year. As of 04/29/2024, EBITDA is likely to grow to about 217.7 M, while Cost Of Revenue is likely to drop slightly above 111 M.
 2021 2022 2023 2024 (projected)
Interest Expense9.2M13.8M26.0M27.2M
Depreciation And Amortization45.2M47.4M96.8M101.7M

Kimbell Royalty income statement Correlations

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Click cells to compare fundamentals

Kimbell Royalty Account Relationship Matchups

Kimbell Royalty income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization52.3M48.3M45.2M47.4M96.8M101.7M
Interest Expense5.8M6.4M9.2M13.8M26.0M27.2M
Selling General Administrative22.7M25.9M27.0M31.4M36.6M34.8M
Selling And Marketing Expenses8.1M9.4M12.0M13.4M12.6M7.7M
Total Revenue110.0M92.9M178.4M285.0M273.2M286.8M
Gross Profit50.1M38.6M131.1M218.7M156.4M164.2M
Other Operating Expenses90.7M89.7M86.3M111.1M166.0M174.3M
Operating Income(32.9M)(44.3M)49.3M136.9M109.9M115.4M
Net Income From Continuing Ops(158.2M)(256.1M)42.4M130.8M83.0M87.2M
Ebit(32.9M)(44.3M)49.3M136.9M110.5M116.1M
Ebitda19.4M3.9M94.5M184.3M207.3M217.7M
Cost Of Revenue59.8M54.4M47.3M66.3M116.8M111.0M
Total Operating Expenses30.8M35.3M39.0M44.8M49.2M28.2M
Income Before Tax(157.3M)(257.0M)42.5M133.5M86.8M91.1M
Total Other Income Expense Net(124.4M)(212.7M)(6.8M)(3.4M)2.0M2.1M
Net Income Applicable To Common Shares(83.0M)(167.3M)45.3M112.0M128.8M135.2M
Net Income(158.2M)(256.1M)33.9M94.5M68.0M71.4M
Income Tax Expense899K(885K)74K2.7M3.8M4.0M
Tax Provision899.4K(885.2K)74K2.7M3.8M4.0M
Interest Income5.7M5.7M8.1M3.7M3.5M4.0M
Minority Interest281.2M(96.6M)8.5M(18.8M)(14.9M)(14.1M)
Net Interest Income(5.8M)(6.4M)(9.2M)(10.1M)(22.4M)(21.3M)
Reconciled Depreciation52.3M48.3M37.1M50.4M96.8M56.8M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Kimbell Royalty in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Kimbell Royalty's short interest history, or implied volatility extrapolated from Kimbell Royalty options trading.

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When determining whether Kimbell Royalty Partners is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Kimbell Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Kimbell Royalty Partners Stock. Highlighted below are key reports to facilitate an investment decision about Kimbell Royalty Partners Stock:
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 tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

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Is Kimbell Royalty's industry 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
(0.72)
Dividend Share
1.68
Earnings Share
0.91
Revenue Per Share
4.102
Quarterly Revenue Growth
0.291
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.