Kimbell Royalty Partners, LP Financial Ratios — KRP Stock

Profitability (USD)

	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	-100.31	-54.33	- -	-17.96	-22.78	-50.71	7.17	24.01	8.16	-1.07	7.62
Return on Assets (%)	- -	-72.27	-25.65	- -	-9.62	-9.21	-24.3	5.81	13.34	5.5	1	7.74
Return on Capital (%)	- -	- -	- -	- -	- -	- -	- -	6.16	13.19	6.3	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	16.4	21.06	8.64	- -	- -
Gross Margin (%)	36.1	5.32	47.74	- -	55.75	45.58	41.49	73.5	76.73	57.24	49.93	54.93
EBITDA Margin (%)	60.49	36.73	22.99	- -	61.3	65.1	55.46	72.42	78.69	74.68	75.95	76.35
Operating Margin (%)	4.47	-48.83	-21.49	- -	23.63	17.56	3.52	51.62	61.01	39.24	32.34	37.53
Incremental Operating Margin (%)	- -	- -	- -	-21.49	23.63	8.12	94.17	103.92	76.71	562.42	-18.01	182.93
Pretax Margin (%)	-102.44	-669.09	-171.7	- -	-78.08	-143.06	-276.52	23.83	46.85	31.76	3.32	30.57
Profit Margin (%)	-102.68	-668.4	-172.25	- -	-75.39	-62.89	-171.67	18.98	39.27	24.33	3.94	28.25
Net Income to Common Margin (%)	-102.68	-668.4	-172.25	- -	-84.82	-75.51	-180.08	12.68	39.27	22.02	-2.85	17.42
Effective Tax Rate (%)	- -	- -	- -	- -	- -	- -	- -	0.17	2.05	4.34	- -	- -
Dvd Payout Ratio (%)	-45.66	-14.4	- -	- -	-57.3	-24.87	-13.07	152.38	84.73	157.43	-1,473.23	207.38
Sustainable Growth Rate (%)	- -	-114.75	-54.33	- -	-28.24	-28.45	-57.34	-3.76	3.67	-4.69	-16.84	-8.18

Credit (USD)

API ChatGPT

	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	9	11	11	31	87	103	174	220	235	296	243	446
ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
LT Debt	9	11	11	31	87	103	174	220	235	296	243	446
Total Debt/EBITDA	2.06	6.65	12.78	- -	2.13	1.44	3.38	1.7	1.05	1.45	1.03	1.82
Net Debt/EBITDA	2	6.43	12.17	- -	1.74	1.2	3.14	1.63	0.93	1.29	0.87	1.62
Total Debt/EBIT	27.91	-5	-13.68	- -	5.52	5.35	53.24	2.39	1.35	2.76	2.42	3.69
Net Debt/EBIT	27.08	-4.84	-13.02	- -	4.52	4.45	49.38	2.28	1.2	2.46	2.04	3.29
EBITDA to Interest Expense	14.46	4.47	1.95	- -	10.03	12.31	8.02	14.07	16.23	7.86	8.84	7.13
EBITDA-CapEx/Interest Expense	-162.5	3.07	1.72	- -	-41.66	10.12	-5.76	7.96	6	-11.05	8.83	0.64
EBIT to Interest Expense	1.07	-5.94	-1.82	- -	3.86	3.32	0.51	10.03	12.58	4.13	3.76	3.5
Interest Expense	- -	- -	- -	- -	4	6	6	9	14	26	27	34
Common Equity/Total Assets	82.03	51.03	42.03	88.75	49.15	47.92	53.36	54.8	55.97	65.13	69.67	56.18
Long-Term Debt/Equity (%)	18.68	80.4	122.79	11.77	13.19	16.14	46.1	62.97	28.92	28.79	28.11	57.67
Long-Term Debt/Capital (%)	15.74	44.57	55.11	10.53	11.65	13.89	31.55	38.64	22.43	22.35	21.94	36.58
Long-Term Debt/Total Assets (%)	15.32	41.03	51.6	10.45	11.59	13.79	30.89	36.52	21.85	22.13	21.67	36.27
Total Debt/Equity (%)	18.68	80.4	122.79	11.77	13.19	16.14	46.1	62.97	28.92	28.79	28.11	57.67
Total Debt/Capital (%)	15.74	44.57	55.11	10.53	11.65	13.89	31.55	38.64	22.43	22.35	21.94	36.58
Total Debt/Total Assets (%)	15.32	41.03	51.6	10.45	11.59	13.79	30.89	36.52	21.85	22.13	21.67	36.27
Net Debt to Equity	18.12	77.74	116.93	9.62	10.8	13.43	42.76	60.22	25.62	25.59	23.74	51.42
Net Debt/Capital (%)	15.34	43.74	53.9	8.78	9.75	11.79	29.79	37.41	20.35	20.35	19.12	33.83
EBITDA	4	2	1	- -	41	72	52	129	224	204	236	246
EBITDA-CapEx	-49	1	1	- -	-170	59	-37	73	83	-287	236	22
Operating Income (Loss)	- -	-2	-1	- -	16	19	3	92	174	107	100	121

Liquidity (USD)

API ChatGPT

	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	0.18	0.19	0.43	2.5	4.15	2.61	1.12	0.25	1.31	2.39	2.68	4.29
Current Ratio	0.76	1.07	1.13	5.63	9.9	6.28	3.23	1.6	4.01	7.95	6.69	8.64
Quick Ratio	0.76	1.07	1.13	5.63	9.11	6.15	3.23	1.6	4.01	7.07	6.5	8
CFO/Avg Current Liab	- -	1.54	0.68	- -	10.98	17.47	8.76	4.93	7.08	10.98	19.51	21.44
Common Equity/Total Assets	82.03	51.03	42.03	88.75	49.15	47.92	53.36	54.8	55.97	65.13	69.67	56.18
Long-Term Debt/Equity (%)	18.68	80.4	122.79	11.77	13.19	16.14	46.1	62.97	28.92	28.79	28.11	57.67
Long-Term Debt/Capital (%)	15.74	44.57	55.11	10.53	11.65	13.89	31.55	38.64	22.43	22.35	21.94	36.58
Long-Term Debt/Total Assets (%)	15.32	41.03	51.6	10.45	11.59	13.79	30.89	36.52	21.85	22.13	21.67	36.27
Total Debt/Equity (%)	18.68	80.4	122.79	11.77	13.19	16.14	46.1	62.97	28.92	28.79	28.11	57.67
Total Debt/Capital (%)	15.74	44.57	55.11	10.53	11.65	13.89	31.55	38.64	22.43	22.35	21.94	36.58
Total Debt/Total Assets (%)	15.32	41.03	51.6	10.45	11.59	13.79	30.89	36.52	21.85	22.13	21.67	36.27
CFO/Total Liabilities	38.25	19.85	9.13	- -	36.44	74.24	33.41	36.2	63.28	56.34	97.85	54.03
CFO/CapEx	0.08	5.04	11.15	- -	0.16	6.35	0.7	1.63	1.18	0.36	1,194.84	1.1
Altman's Z-Score	0.13	-0.1	0.06	4.89	1.83	2.48	1.22	2.36	3.3	2.71	3.73	2.11

Working Capital (USD)

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	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	- -	7.32	5.88	- -	5.17	5.77	4.92	6.29	6.42	4.91	5.68	7.42
Days Sales Outstanding	- -	49.87	62.04	- -	70.6	63.25	74.18	58.03	56.83	74.34	64.28	49.18
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	4.01	1.25	- -	35.95	47.14	51.88	55.63	65.62	29.93	23.75	30.05
Accounts Payable Turnover Days	- -	90.96	291.91	- -	10.15	7.74	7.04	6.56	5.56	12.2	15.37	12.14
Cash Conversion Cycle	- -	-41.09	-229.86	- -	60.44	55.5	67.14	51.47	51.27	62.14	48.91	37.03
Inventory to Cash Days	- -	49.87	62.04	- -	70.6	63.25	74.18	58.03	56.83	74.34	64.28	49.18
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

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	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	- -	- -	- -	268	245	400	308	643	1,073	1,111	1,314	1,098
- Cash & Cash Equivalents	- -	- -	1	6	16	14	10	7	25	31	34	44
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	292	281	77	19	211	157	83	83
+ Total Debt	9	11	11	31	87	103	174	220	235	296	243	446
Enterprise Value	9	11	10	294	609	770	549	875	1,494	1,534	1,606	1,583
Total Capital	57	26	19	293	749	743	553	569	1,049	1,325	1,106	1,219
Total Debt/Capital (%)	15.74	44.57	55.11	10.53	11.65	13.89	31.55	38.64	22.43	22.35	21.94	36.58
Total Debt / EV	1.03	1.03	1.05	0.11	0.14	0.13	0.32	0.25	0.16	0.19	0.15	0.28
EV/Sales	1.21	2.36	2.8	- -	9.09	7	5.91	4.9	5.24	5.61	5.17	4.92
EV/EBITDA	2	6.43	12.17	- -	14.84	10.76	10.66	6.77	6.66	7.52	6.81	6.44
EV/EBIT	27.08	- -	- -	- -	38.49	39.88	167.74	9.5	8.59	14.31	15.99	13.11
EV/Cash Flow to Firm	2.01	3.57	6.67	- -	16.32	8.9	8	8.69	8.29	7.7	5.74	5.62
EV/Free Cash Flow to Firm	0.15	3.04	6.27	- -	2.45	7.76	3.49	5.58	4.65	2.22	5.74	3.13
Diluted Market Cap	- -	- -	- -	- -	250	360	273	831	1,099	1,401	1,883	1,427
Diluted Enterprise Value	9	11	10	25	614	730	515	1,063	1,521	1,823	2,175	1,911
EV per Share	0.53	0.68	0.62	17.78	33.71	32.74	14.12	18.55	23.26	20.77	19.83	16.95
TTM Sales	7	5	4	- -	67	110	93	178	285	273	311	322
TTM EBITDA	4	2	1	- -	41	72	52	129	224	204	236	246
TTM Operating Income	- -	-2	-1	- -	16	19	3	92	174	107	100	121
TTM Cash Flow to Firm	4	3	2	- -	37	87	69	101	180	199	280	281
TTM Free Cash Flow to Firm	58	4	2	- -	249	99	157	157	322	690	280	505

Multiples (USD)

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	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	- -	- -	- -	- -	1.02	3.86	1.81	5.63	3.57	2.11	7.5	3.04
EV/EBIT	27.08	- -	- -	- -	38.49	39.88	167.74	9.5	8.59	14.31	15.99	13.11
Enterprise Value	9	11	10	294	609	770	549	875	1,494	1,534	1,606	1,583
Low Price	- -	- -	- -	15.06	13.01	13.16	3.51	7.91	13.75	13.85	14.26	10.98
EV/Sales	1.21	2.36	2.8	- -	9.09	7	5.91	4.9	5.24	5.61	5.17	4.92
EV/EBITDA	2	6.43	12.17	- -	14.84	10.76	10.66	6.77	6.66	7.52	6.81	6.44
Price/Earnings	- -	- -	- -	- -	- -	- -	- -	24.35	8.07	16.66	- -	19.06
Price/Earnings Average	- -	- -	- -	- -	-6.31	-4.09	-1.78	21.4	8.17	17.15	-137.24	22.28
Price/Earnings High	- -	- -	- -	- -	-7.96	-4.8	-3.66	28.26	9.71	18.98	-147.24	26.88
Price/Earnings Low	- -	- -	- -	- -	-4.23	-3.36	-0.72	14.13	6.65	15.34	-123	17.79
Price/Book Value	- -	- -	- -	1.02	0.66	1.11	1.02	1.95	1.78	1.28	1.68	1.59
Price/Book Value Average	- -	- -	- -	1.1	0.95	1.05	1.11	1.71	1.8	1.31	1.65	1.86
Price/Book Value High	- -	- -	- -	1.32	1.19	1.23	2.29	2.26	2.14	1.45	1.77	2.24
Price/Book Value Low	- -	- -	- -	0.95	0.63	0.86	0.45	1.13	1.47	1.17	1.48	1.48
Price/Tangible Book Value	- -	- -	- -	1.02	0.66	1.11	1.02	1.95	1.78	1.28	1.68	1.59
Price/Tangible Book Value Average	- -	- -	- -	1.1	0.95	1.05	1.11	1.71	1.8	1.31	1.65	1.86
Price/Tangible Book Value High	- -	- -	- -	1.32	1.19	1.23	2.29	2.26	2.14	1.45	1.77	2.24
Price/Tangible Book Value Low	- -	- -	- -	0.95	0.63	0.86	0.45	1.13	1.47	1.17	1.48	1.48
Price/Sales	- -	- -	- -	- -	3.74	3.28	2.94	3.09	3.17	3.67	3.98	3.32
Price/Sales Average	- -	- -	- -	- -	5.35	3.09	3.21	2.71	3.21	3.78	3.9	3.88
Price/Sales High	- -	- -	- -	- -	6.75	3.62	6.58	3.58	3.81	4.18	4.19	4.68
Price/Sales Low	- -	- -	- -	- -	3.59	2.54	1.3	1.79	2.61	3.38	3.5	3.1
Price/Cash Flow	- -	- -	- -	- -	7.54	4.46	4.39	6.02	5.42	5.75	4.93	4.33
Price/Cash Flow Average	- -	- -	- -	- -	10.79	4.21	4.79	5.29	5.49	5.92	4.83	5.07
Price/Cash Flow High	- -	- -	- -	- -	13.61	4.94	9.83	6.99	6.52	6.55	5.19	6.11
Price/Cash Flow Low	- -	- -	- -	- -	7.23	3.46	1.95	3.49	4.47	5.29	4.33	4.05
Price/Free Cash Flow Average	- -	- -	- -	- -	1.46	3.63	1.98	4.95	3.61	2.17	7.35	3.55
Price/Free Cash Flow High	- -	- -	- -	- -	1.85	4.26	4.06	6.54	4.29	2.4	7.89	4.28
Price/Free Cash Flow Low	- -	- -	- -	- -	0.98	2.99	0.8	3.27	2.94	1.94	6.59	2.83
EV/Sales Average	1.21	2.36	2.8	- -	10.67	6.79	6.21	4.47	5.29	5.73	5.09	5.5
EV/Sales High	1.21	2.36	2.8	- -	12.04	7.39	10.02	5.48	6	6.18	5.39	6.32
EV/Sales Low	1.21	2.36	2.8	- -	8.94	6.18	4.07	3.39	4.58	5.29	4.66	4.69
EV/EBITDA Average	2	6.43	12.17	- -	17.41	10.43	11.21	6.17	6.72	7.68	6.7	7.2
EV/EBITDA High	2	6.43	12.17	- -	19.64	11.35	18.07	7.57	7.63	8.27	7.1	8.28
EV/EBITDA Low	2	6.43	12.17	- -	14.58	9.5	7.34	4.68	5.82	7.08	6.13	6.15
EV/EBIT Average	27.08	-4.84	-13.02	- -	45.16	38.68	176.31	8.65	8.67	14.61	15.73	14.65
EV/EBIT High	27.08	-4.84	-13.02	- -	50.96	42.08	284.3	10.62	9.84	15.75	16.66	16.85
EV/EBIT Low	27.08	-4.84	-13.02	- -	37.84	35.21	115.46	6.57	7.5	13.48	14.4	12.51
Last Price	- -	- -	- -	16.25	13.58	17	7.91	13.63	16.7	15.05	16.23	11.76
High Price	- -	- -	- -	20.89	24.5	18.8	17.72	15.82	20.08	17.14	17.07	16.59
Enterprise Value Average	9	11	10	314	714	747	578	797	1,507	1,566	1,580	1,769
Enterprise Value High	9	11	10	370	806	812	931	978	1,711	1,688	1,674	2,034
Enterprise Value Low	9	11	10	274	598	680	378	605	1,305	1,445	1,446	1,510

Shares Outstanding	16	16	16	17	18	24	39	47	64	74	81	93
Diluted Weighted Avg Shares	1	1	16	- -	18	21	35	61	66	93	116	121
Basic Weighted Avg Shares	1	1	16	- -	18	21	35	40	54	67	76	91
Revenue per Share	6.52	4.23	0.22	- -	3.63	5.19	2.69	4.42	5.27	4.1	4.07	3.54
EBITDA per Share	3.95	1.55	0.05	- -	2.22	3.38	1.49	3.2	4.15	3.06	3.09	2.71
Operating Income per Share	0.29	-2.07	-0.05	- -	0.86	0.91	0.09	2.28	3.21	1.61	1.32	1.33
Basic EPS, GAAP	-6.7	-28.3	-0.38	- -	-3.08	-3.92	-4.85	0.56	2.07	0.9	-0.12	0.62
Basic EPS from Cont Ops	-6.7	-28.3	-0.38	- -	-2.83	-7.47	-7.42	1.05	2.42	1.25	0.15	1.1
Diluted EPS, GAAP	-6.7	-28.3	-0.38	- -	-3.08	-3.92	-4.85	0.37	1.7	0.65	-0.08	0.46
Diluted EPS from Cont Ops	-6.7	-28.3	-0.38	- -	-2.83	-7.47	-7.42	0.7	1.99	0.89	0.1	0.82
Dividend per Share	3.06	4.07	- -	- -	2.22	3.72	1.59	1.78	2.34	2.3	2.46	2.06
Cash Flow per Share	3.65	2.45	0.07	- -	1.8	3.81	1.8	2.26	3.08	2.62	3.29	2.71
Free Cash Flow per Basic Share	-44.66	1.96	0.06	- -	-9.67	3.21	-0.76	0.88	0.47	-4.75	3.29	0.25
Cash & Equivalents per Share	0.02	0.02	0.03	0.34	0.87	0.6	0.25	0.15	0.38	0.42	0.42	0.47
Book Value per Share	2.95	0.87	0.53	15.87	20.5	15.25	7.74	6.99	9.38	11.8	9.64	7.39
Tangible Book Value per Share	2.95	0.87	0.53	15.87	20.5	15.25	7.74	6.99	9.38	11.8	9.64	7.39

Kimbell Royalty Partners, LP

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)