Viper Energy Ut (VNOM)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,687,000K
= 0.00
The debt-to-equity ratio for Viper Energy Ut has consistently been reported as 0.00 from December 31, 2020, to December 31, 2024. This implies that the company has been entirely financed by equity rather than debt during these years. A debt-to-equity ratio of 0.00 indicates that there is no financial leverage being used by the company to support its operations, which can be viewed positively as it suggests a lower financial risk and potential for higher returns for shareholders. However, it's important to note that a very low or zero debt-to-equity ratio may also signal that the company is not taking advantage of potential growth opportunities that could be financed with debt.
Peer comparison
Dec 31, 2024