Viper Energy Balance Sheet Health
Financial Health criteria checks 4/6
Viper Energy has a total shareholder equity of $2.9B and total debt of $1.1B, which brings its debt-to-equity ratio to 37.9%. Its total assets and total liabilities are $4.0B and $1.1B respectively. Viper Energy's EBIT is $594.4M making its interest coverage ratio 12.4. It has cash and short-term investments of $25.9M.
Key information
37.9%
Debt to equity ratio
US$1.08b
Debt
Interest coverage ratio | 12.4x |
Cash | US$25.87m |
Equity | US$2.86b |
Total liabilities | US$1.12b |
Total assets | US$3.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZT0's short term assets ($143.5M) exceed its short term liabilities ($33.3M).
Long Term Liabilities: ZT0's short term assets ($143.5M) do not cover its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: ZT0's net debt to equity ratio (37%) is considered satisfactory.
Reducing Debt: ZT0's debt to equity ratio has increased from 33.2% to 37.9% over the past 5 years.
Debt Coverage: ZT0's debt is well covered by operating cash flow (58.9%).
Interest Coverage: ZT0's interest payments on its debt are well covered by EBIT (12.4x coverage).