Matador Resources Company (MTDR)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 10,850,100 | 7,727,000 | 5,554,500 | 4,262,150 | 3,687,280 |
| Total stockholders’ equity | US$ in thousands | 5,089,150 | 3,910,860 | 3,110,800 | 1,907,210 | 1,286,530 |
| Financial leverage ratio | 2.13 | 1.98 | 1.79 | 2.23 | 2.87 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $10,850,100K ÷ $5,089,150K
= 2.13
The financial leverage ratio of Matador Resources Company has shown a declining trend from 2.87 as of December 31, 2020, to 1.79 as of December 31, 2022. This indicates that the company has reduced its reliance on debt financing over the period under review. However, there was a slight increase in the ratio to 1.98 as of December 31, 2023, followed by a slight uptick to 2.13 as of December 31, 2024. Despite the recent increases, the overall trend suggests that Matador Resources Company has been managing its leverage effectively, striking a balance between debt and equity to support its operations and growth strategies.
Peer comparison
Dec 31, 2024