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
Viper 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 23
Is There An Opportunity With Viper Energy, Inc.'s (NASDAQ:VNOM) 47% Undervaluation?
Feb 13Viper Energy: Increased Potential For Lease Bonus Payments
Jan 30Viper Energy Partners: Royalty With An Edge
Oct 09Viper Energy Partners: Improved Production Expectations Help Support Its Value
Sep 07Venom Energy gains amid positive CNBC mention
Aug 22Viper Energy Emphasizes Buybacks Over Dividends (Not A Fan)
Aug 01Viper Energy: Massive Shareholder Returns To Come
May 22Viper Energy Partners: High Quality, Well Run, And Attractive At A Lower Price
Apr 06Viper Energy Partners: A Great Way To Navigate Industry Volatility
Jan 28Viper Energy Partners: 2022 Distributions Should Approach $2 Per Unit Despite Conservative Payout Ratio
Dec 19Viper Energy Partners: Grab A 9%+ Yield For 2022 Thanks To Hedges Rolling Off
Dec 07Viper Energy Partners: Plenty More Distribution Growth Coming After The Upcoming Acquisition
Sep 09Financial Position Analysis
Short Term Liabilities: VNOM's short term assets ($143.5M) exceed its short term liabilities ($33.3M).
Long Term Liabilities: VNOM's short term assets ($143.5M) do not cover its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: VNOM's net debt to equity ratio (37%) is considered satisfactory.
Reducing Debt: VNOM's debt to equity ratio has increased from 33.2% to 37.9% over the past 5 years.
Debt Coverage: VNOM's debt is well covered by operating cash flow (58.9%).
Interest Coverage: VNOM's interest payments on its debt are well covered by EBIT (12.4x coverage).