Viper Energy Ut (VNOM)
Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,687,000K
= 0.00
The debt-to-equity ratio of Viper Energy Ut has consistently been 0.00 for each reporting period from March 31, 2020 to December 31, 2024. This indicates that the company has had no debt obligations in relation to its equity over this time frame. A debt-to-equity ratio of 0.00 typically suggests that the company is primarily financed through equity rather than debt, which can be viewed positively as it signifies a lower financial risk and less reliance on borrowing. However, it's important to note that a very low debt-to-equity ratio could also imply missed opportunities for leveraging debt for potential growth or expansion.
Peer comparison
Dec 31, 2024