Diamondback Energy Financial Health

How is Diamondback Energy's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: FANG's short term assets ($1.0B) do not cover its short term liabilities ($1.7B).

Long Term Liabilities: FANG's short term assets ($1.0B) do not cover its long term liabilities ($7.6B).


Debt to Equity History and Analysis

Debt Level: FANG's net debt to equity ratio (38%) is considered satisfactory.

Reducing Debt: FANG's debt to equity ratio has increased from 22.5% to 38.2% over the past 5 years.

Debt Coverage: FANG's debt is well covered by operating cash flow (108.8%).

Interest Coverage: FANG's interest payments on its debt are well covered by EBIT (28.2x coverage).


Balance Sheet


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