Diamondback Energy Inc (FANG)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $37,736,000K
= 0.00
The debt-to-equity ratio for Diamondback Energy Inc has remained consistently at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations during this period and is solely relying on equity financing. A debt-to-equity ratio of 0.00 signifies a lower financial risk for the company, as it suggests a lower reliance on borrowed funds and a stronger equity base. Diamondback Energy's stable and low debt-to-equity ratio indicates a conservative financial approach and may be viewed positively by investors and creditors.
Peer comparison
Dec 31, 2024