Diamondback Energy Inc (FANG)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 37,736,000 | 16,625,000 | 15,009,000 | 12,088,000 | 8,794,000 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $37,736,000K)
= 0.00
The debt-to-capital ratio for Diamondback Energy Inc has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not used debt financing as a significant source of capital relative to its total capital structure during this period. A debt-to-capital ratio of 0.00 suggests that the company's capital structure has been predominantly composed of equity rather than debt. This may indicate a lower financial risk profile and less reliance on external borrowing for funding operations or investment activities.
Peer comparison
Dec 31, 2024