Viper Energy Ut (VNOM)
Debt-to-equity 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-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 |
September 30, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,400,960K
= 0.00
The debt-to-equity ratio for Viper Energy Ut has consistently been 0.00 for all the periods mentioned in the table, indicating that the company has had no debt in relation to its equity during these periods. A debt-to-equity ratio of 0.00 generally signifies that the company is financing its operations primarily through equity or that it has a negligible amount of debt compared to its equity. This can be viewed positively as it implies a lower risk of financial distress due to debt obligations. However, it is important to consider the context of the industry and business operations when interpreting a debt-to-equity ratio of 0.00, as different industries may have varying capital structures and requirements. Overall, Viper Energy Ut's consistent 0.00 debt-to-equity ratio reflects a relatively low leverage position in its capital structure.
Peer comparison
Sep 30, 2024