Kimbell Royalty Partners, LP balance sheet
At the end of fiscal 2025, Kimbell Royalty Partners, LP had total assets of $1.23bn and total liabilities of $456m. It held $44.0m in cash against $442m of debt: net debt of $398m.
Balance sheet
| Fiscal year | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 16 | 14 | 10 | 7 | 25 | 31 | 34 | 44 | 45 |
| Total current assets | 38 | 34 | 28 | 45 | 75 | 103 | 85 | 88 | 101 |
| Total assets | 753 | 749 | 565 | 601 | 1,077 | 1,338 | 1,120 | 1,229 | 1,326 |
| Accounts payable | 1 | 1 | 1 | 1 | 1 | 7 | 7 | 3 | 4 |
| Total current liabilities | 4 | 5 | 9 | 28 | 19 | 13 | 13 | 10 | 14 |
| Long-term debt | 87 | 100 | 172 | — | — | — | — | — | — |
| Total debt | 87 | 100 | 172 | 217 | 233 | 294 | 239 | 442 | 479 |
| Total liabilities | 91 | 109 | 186 | 253 | 263 | 309 | 256 | 456 | 497 |
| Net debt (negative = net cash) | 72 | 86 | 162 | 210 | 208 | 263 | 205 | 398 | 434 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 92 | 85 | 99 | 88 | 88 | 88 | 85 | 101 |
| Total assets | 1,215 | 1,120 | 1,326 | 1,285 | 1,254 | 1,229 | 1,194 | 1,326 |
| Accounts payable | 7 | 7 | 5 | 3 | 5 | 3 | 3 | 4 |
| Total current liabilities | 18 | 13 | 17 | 16 | 16 | 10 | 17 | 14 |
| Total liabilities | 272 | 256 | 322 | 484 | 469 | 456 | 465 | 497 |
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