Viper Energy Ut (VNOM)
Debt-to-capital ratio
| 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,400,960 | 1,089,800 | 1,079,540 | 1,014,290 | 2,418,580 | 2,286,170 | 2,292,430 | 690,659 | 2,290,910 | 2,270,760 | 2,242,980 | 2,232,830 | 1,855,750 | 1,847,020 | 1,850,040 | 1,860,830 | 1,953,140 | 1,941,480 | 1,990,170 | 2,185,420 |
| Debt-to-capital 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 |
September 30, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,400,960K)
= 0.00
The debt-to-capital ratio for Viper Energy Ut has consistently been reported as 0.00 across all the disclosed periods from December 2019 to September 2024. This indicates that the company has not utilized debt in its capital structure during this period, relying solely on equity financing. The consistent zero value suggests a conservative approach to financial leverage, where the company has not taken on debt to fund its operations or growth. This could imply a lower financial risk and may provide Viper Energy Ut with more financial flexibility and stability, as it does not have debt obligations to service. However, it is important to consider the overall context and implications of such a low debt-to-capital ratio on the company's capital structure, cost of capital, and overall financial strategy.
Peer comparison
Sep 30, 2024