Viper Energy Ut (VNOM)
Debt-to-capital 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 | 1,687,000 | 1,014,290 | 690,659 | 814,821 | 635,255 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,687,000K)
= 0.00
The debt-to-capital ratio for Viper Energy Ut has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt to finance its operations or investments during these years. A debt-to-capital ratio of 0.00 suggests that the company's capital structure is primarily equity-based, which may imply lower financial risk and interest obligations. Viper Energy Ut appears to have a strong financial position with no significant debt burden relative to its capital base, reflecting a conservative approach to leverage and potentially providing financial stability and flexibility in its operations.
Peer comparison
Dec 31, 2024