Debt to EBITDA ratio Analysis of Kimbell Royalty Partners LP - Deep Dive
Debt to EBITDA of KRP
Dec-231.62Very Good Debt to EBITDA | Dec-223.73Indecisive Debt to EBITDA | Growth-56.48% |
Debt to EBITDA Analysis of Kimbell Royalty Partners LP
Debt to EBITDA Ratio 1.62 of Kimbell Royalty Partners LP shows that the company is financially strong and has enough profit to pay off its debt. |
Debt to EBITDA Ratio of KRP drastically fell by -56.48 % this year. |
Debt to EBITDA Ratio with value of 3.73 was highest in Year Dec-22 in last Five Years. |
Debt to EBITDA Ratio with value of -19.88 was lowest in Year Dec-19 in last Five Years. |
Latest Debt to EBITDA Ratio with value of 1.62 is Greater than Average Debt to EBITDA of -2.69 in last five years. |
Other Debt to EBITDA Related Info of KRP that may interest you.
Kimbell Royalty Partners LP Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
KRP | 16.09 | 16.01 | 0.500 % | Oil & Gas E&P |
Defination of Debt to EBITDA
The Debt to EBITDA Ratio is a solvency metric that measures the company's ability to meet its debt obligations by earnings before covering its interest, taxes, depreciation, and amortization. more ..![Debt to EBITDA Formula Debt to EBITDA Formula](https://my.stockaio.com/help/template/FinDef/SolvencyRatios/DebtToEBITDA.jpg)
Debt to EBITDA Related Ratios
CashFlowFromOperationToDebt | DebtToCapital | EVToEBITDA |
Tsr Stability Index
Excellent Stability |
FY - Historical Debt to EBITDA of Kimbell Royalty Partners LP
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Debt to EBITDA | 1.62 | 3.73 | 2.74 | -1.65 | -19.88 | -8.28 | 3.49 |
Change | -56.48 % | 36.29 % | 265.72 % | 91.70 % | -140.20 % | -337.09 % | 168.57 % |
FY Chart of Debt to EBITDA of Kimbell Royalty Partners LP
Note : All Data Generated at the End of Trading Hours (EOD Data)