What does free cash flow mean?

Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.

Kimbell Royalty Partners KRP Free cash flow

Discontinued — last reported Q1 '19

Free cash flow at other companies

Occidental PetroleumOXY

-$273M-159%

EOG ResourcesEOG

$2.81B+28.6%

Devon EnergyDVN

$816M-19.0%

ConocoPhillipsCOP

$1.3B—

Alliance Resource PartnersARLP

$9.82M-83.3%

Northern Oil and GasNOG

$323.56M-20.5%

Other financials

Income statement

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Revenue$65.5M-22.2%

Operating income$15.8M-52.9%

Net income$6.9M-73.1%

EPS (diluted)$0.04-80.0%

Balance sheet

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Cash & equivalents$37.2M+4.3%

Total debt$4.7M-5.9%

Total assets$1.2B-10.0%

Cash flow

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Operating cash flow$49.4M-8.7%

Valuation

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Market cap$1.44B+5.8%

Enterprise value$1.41B+5.8%

P/E17.9×—

P/S4.6×+0.2×

Profitability

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Operating margin36.5%—

Net margin25.6%—

FCF margin53%—

Returns & leverage

See full

Current ratio5.1×-0.9×

Where this comes from

Calculated from Kimbell Royalty Partners’s reported figures.

$15.8Mnet cash from operating−$335.4Kcapital expenditures=$15.48M

The official record: Kimbell Royalty Partners’s 10-Q, filed May 7, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does free cash flow mean?: Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.