Viper Energy Balance Sheet Health
Financial Health criteria checks 5/6
Viper Energy has a total shareholder equity of $3.3B and total debt of $821.5M, which brings its debt-to-equity ratio to 24.6%. Its total assets and total liabilities are $4.2B and $870.5M respectively. Viper Energy's EBIT is $576.2M making its interest coverage ratio 8.1. It has cash and short-term investments of $168.6M.
Key information
24.6%
Debt to equity ratio
US$821.51m
Debt
| Interest coverage ratio | 8.1x |
| Cash | US$168.65m |
| Equity | US$3.34b |
| Total liabilities | US$870.50m |
| Total assets | US$4.21b |
Recent financial health updates
Recent updates
We Think You Should Be Aware Of Some Concerning Factors In Viper Energy's (NASDAQ:VNOM) Earnings
Nov 15
Viper Energy Stock Up But Still Attractive
Oct 19Viper Energy: Another Growth Spurt
Oct 02Viper Energy, Inc.'s (NASDAQ:VNOM) Popularity With Investors Is Under Threat From Overpricing
Sep 12Viper Energy: Bright Horizons In H2 2024 And Beyond
Aug 27Viper Energy, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Aug 08Here's Why Viper Energy (NASDAQ:VNOM) Can Manage Its Debt Responsibly
Aug 06Viper Energy: Production Growth Remains Solid From Permian Assets, But Fairly Valued
Jul 24Viper Energy, Inc.'s (NASDAQ:VNOM) Business Is Yet to Catch Up With Its Share Price
Jun 07Viper Energy: Massive Income Potential And 9% FCF Yield At $80 Oil Prices
May 21Viper Energy, Inc. (NASDAQ:VNOM) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?
May 03Viper Energy: Upside Exposure To Oil Prices Should Boost Its 2024 Dividend
Apr 13Viper Energy, Inc. (NASDAQ:VNOM) Yearly Results: Here's What Analysts Are Forecasting For This Year
Feb 23Is There An Opportunity With Viper Energy, Inc.'s (NASDAQ:VNOM) 47% Undervaluation?
Feb 13Viper Energy: Increased Potential For Lease Bonus Payments
Jan 30Financial Position Analysis
Short Term Liabilities: VNOM's short term assets ($320.2M) exceed its short term liabilities ($44.2M).
Long Term Liabilities: VNOM's short term assets ($320.2M) do not cover its long term liabilities ($826.3M).
Debt to Equity History and Analysis
Debt Level: VNOM's net debt to equity ratio (19.6%) is considered satisfactory.
Reducing Debt: VNOM's debt to equity ratio has reduced from 25.7% to 24.6% over the past 5 years.
Debt Coverage: VNOM's debt is well covered by operating cash flow (73.9%).
Interest Coverage: VNOM's interest payments on its debt are well covered by EBIT (8.1x coverage).