Viper Energy Ut (VNOM)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 1,687,000 | 1,400,960 | 1,089,800 | 1,079,540 | 1,014,290 | 714,074 | 666,902 | 667,695 | 690,659 | 723,923 | 736 | 770,362 | 814,821 | 582,697 | 596,527 | 612,967 | 635,255 | 727,509 | 730,078 | 758,382 |
| 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 |
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 been 0.00 for all the reported periods from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt as a source of capital and has funded its operations primarily through equity or internal funds. A debt-to-capital ratio of 0.00 suggests that the company operates with minimal financial leverage and has a conservative capital structure. This low ratio could imply lower financial risk and greater financial stability for the company, as it is not heavily reliant on borrowed funds to finance its operations or investments. However, it is essential to consider the potential implications of such a low debt-to-capital ratio on the company's ability to efficiently utilize debt for potential growth opportunities or tax advantages.
Peer comparison
Dec 31, 2024