Viper Energy Ut (VNOM)
Debt-to-assets 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 assets | US$ in thousands | 5,069,040 | 4,206,010 | 3,900,420 | 4,012,570 | 3,974,090 | 3,143,370 | 2,967,040 | 3,019,740 | 2,920,370 | 2,985,760 | 2,971,980 | 3,001,080 | 3,034,020 | 2,482,470 | 2,450,160 | 2,441,800 | 2,461,380 | 2,600,700 | 2,624,270 | 2,679,480 |
| Debt-to-assets 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-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $5,069,040K
= 0.00
The debt-to-assets ratio of Viper Energy Ut has consistently remained at 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has not incurred any debt in relation to its total assets during this period. A debt-to-assets ratio of 0.00 typically suggests that the company has either financed its operations entirely with equity or has negligible debt relative to its total assets. This could imply that Viper Energy Ut follows a conservative financing strategy, which may be seen as a positive sign by investors and creditors as it indicates lower financial risk. However, it is essential to consider other financial metrics and factors to get a complete picture of the company's financial health and performance.
Peer comparison
Dec 31, 2024