Diamondback Energy Inc (FANG)
Debt-to-equity ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 37,736,000 | 37,429,000 | 17,448,000 | 16,950,000 | 16,625,000 | 16,280,000 | 15,554,000 | 15,464,000 | 15,009,000 | 13,843,000 | 13,316,000 | 12,743,000 | 12,088,000 | 11,483,000 | 8,794,000 | 10,673,000 | 8,794,000 | 9,552,000 | 10,714,000 | 12,826,000 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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
Diamondback Energy Inc has consistently maintained a debt-to-equity ratio of 0.00 across multiple periods, indicating that the company has not used any debt to finance its operations relative to its equity. This implies that Diamondback Energy has a conservative capital structure with a low level of financial leverage. A debt-to-equity ratio of 0.00 typically suggests that the company relies more on equity financing, which may be viewed positively by investors and creditors as it signifies a lower risk of financial distress. However, it is important to note that while a low debt-to-equity ratio can signal financial stability, it may also limit potential growth opportunities that could be achieved through strategic debt utilization.
Peer comparison
Dec 31, 2024