Matador Resources Company (MTDR)
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 | 3,325,410 | 1,481,000 | 607,000 | 786,000 | 2,206,630 | 1,005,000 | 1,020,000 | 475,000 | 465,000 | 440,000 | 420,000 | 455,000 | 485,000 | 477,500 | 592,500 | 674,000 | 774,000 | 1,842,000 | 1,745,210 | 1,662,310 |
| Total stockholders’ equity | US$ in thousands | 5,089,150 | 4,870,630 | 4,631,630 | 4,418,250 | 3,910,860 | 3,662,720 | 3,402,860 | 3,252,850 | 3,110,800 | 2,858,810 | 2,529,170 | 2,118,600 | 1,907,210 | 1,688,010 | 1,479,760 | 1,359,400 | 1,286,530 | 1,371,930 | 1,643,830 | 1,991,350 |
| Debt-to-equity ratio | 0.65 | 0.30 | 0.13 | 0.18 | 0.56 | 0.27 | 0.30 | 0.15 | 0.15 | 0.15 | 0.17 | 0.21 | 0.25 | 0.28 | 0.40 | 0.50 | 0.60 | 1.34 | 1.06 | 0.83 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $3,325,410K ÷ $5,089,150K
= 0.65
The debt-to-equity ratio of Matador Resources Company has shown a declining trend over the years, indicating a decreasing reliance on debt to finance its operations and investment activities. As of December 31, 2024, the ratio stood at 0.65, suggesting that for every dollar of equity, the company had $0.65 of debt. This ratio has fluctuated throughout the period, with the highest recorded ratio being 1.34 on September 30, 2020, and the lowest being 0.13 on June 30, 2024. Overall, the decreasing trend in the debt-to-equity ratio signifies a strong financial position and improved risk management by Matador Resources Company.
Peer comparison
Dec 31, 2024