Kimbell Royalty Partners LP (KRP) - Total Assets
Based on the latest financial reports, Kimbell Royalty Partners LP (KRP) holds total assets worth $1.25 Billion USD as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore KRP operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Kimbell Royalty Partners LP - Total Assets Trend (2013–2024)
This chart illustrates how Kimbell Royalty Partners LP's total assets have evolved over time, based on quarterly financial data. See KRP net assets for net asset value and shareholders' equity analysis.
Kimbell Royalty Partners LP - Asset Composition Analysis
Current Asset Composition (December 2024)
Kimbell Royalty Partners LP's total assets of $1.25 Billion consist of 7.6% current assets and 92.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $34.17 Million | 3.1% |
| Accounts Receivable | $48.70 Million | 4.4% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $1.03 Billion | 91.9% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2013–2024)
This chart illustrates how Kimbell Royalty Partners LP's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see KRP market cap overview.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Kimbell Royalty Partners LP's current assets represent 7.6% of total assets in 2024, a decrease from 30.5% in 2013.
- Cash Position: Cash and equivalents constituted 3.1% of total assets in 2024, down from 28.9% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2013.
- Asset Diversification: The largest asset category is property, plant & equipment at 91.9% of total assets.
Kimbell Royalty Partners LP Competitors by Total Assets
Key competitors of Kimbell Royalty Partners LP based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Whitecap Resources Inc.
TO:WCP
|
Canada | CA$19.67 Billion |
|
ARC Resources Ltd.
TO:ARX
|
Canada | CA$14.18 Billion |
|
Var Energi ASA
OL:VAR
|
Norway | Nkr265.88 Billion |
|
SM Energy Co
NYSE:SM
|
USA | $19.14 Billion |
|
Tamarack Valley Energy Ltd
TO:TVE
|
Canada | CA$3.47 Billion |
|
Magnolia Oil & Gas Corp
NYSE:MGY
|
USA | $2.92 Billion |
|
HARBOUR ENE.SP.ADR LS-50
F:PQQ2
|
Germany | €29.09 Billion |
|
Gulfport Energy Operating Corp
NYSE:GPOR
|
USA | $3.08 Billion |
Kimbell Royalty Partners LP - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 5.39 | 5.20 | 3.23 |
| Quick Ratio | 5.39 | 5.20 | 3.23 |
| Cash Ratio | 2.44 | 1.96 | 0.00 |
| Working Capital | $71.96 Million | $74.43 Million | $19.57 Million |
Kimbell Royalty Partners LP - Advanced Valuation Insights
This section examines the relationship between Kimbell Royalty Partners LP's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.88 |
| Latest Market Cap to Assets Ratio | 1.20 |
| Asset Growth Rate (YoY) | -16.3% |
| Total Assets | $1.12 Billion |
| Market Capitalization | $1.35 Billion USD |
Valuation Analysis
Above Book Valuation: The market values Kimbell Royalty Partners LP's assets above their book value (1.20x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: Kimbell Royalty Partners LP's assets decreased by 16.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Kimbell Royalty Partners LP (2013–2024)
The table below shows the annual total assets of Kimbell Royalty Partners LP from 2013 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $1.12 Billion | -16.29% |
| 2023-12-31 | $1.34 Billion | +24.24% |
| 2022-12-31 | $1.08 Billion | +79.01% |
| 2021-12-31 | $601.49 Million | +6.53% |
| 2020-12-31 | $564.63 Million | -24.57% |
| 2019-12-31 | $748.59 Million | -0.62% |
| 2018-12-31 | $753.28 Million | +155.10% |
| 2017-12-31 | $295.29 Million | +1337.73% |
| 2016-12-31 | $20.54 Million | -26.40% |
| 2015-12-31 | $27.91 Million | -52.50% |
| 2014-12-31 | $58.75 Million | +68.84% |
| 2013-12-31 | $34.80 Million | -- |
About Kimbell Royalty Partners LP
Kimbell Royalty Partners, LP, together with its subsidiaries, owns and acquires mineral and royalty interests in oil and natural gas properties in the United States. The company was founded in 1998 and is based in Fort Worth, Texas.