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 38.2%. Its total assets and total liabilities are $4.0B and $1.1B respectively. Viper Energy's EBIT is $618.6M making its interest coverage ratio 10.7. It has cash and short-term investments of $20.0M.
Key information
38.2%
Debt to equity ratio
US$1.09b
Debt
| Interest coverage ratio | 10.7x |
| Cash | US$20.01m |
| Equity | US$2.86b |
| Total liabilities | US$1.15b |
| Total assets | US$4.01b |
Recent financial health updates
No updates
Recent updates
Viper 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 07
Viper 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 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 22Financial Position Analysis
Short Term Liabilities: VNOM's short term assets ($189.8M) exceed its short term liabilities ($54.9M).
Long Term Liabilities: VNOM's short term assets ($189.8M) do not cover its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: VNOM's net debt to equity ratio (37.5%) is considered satisfactory.
Reducing Debt: VNOM's debt to equity ratio has increased from 9.8% to 38.2% over the past 5 years.
Debt Coverage: VNOM's debt is well covered by operating cash flow (59.1%).
Interest Coverage: VNOM's interest payments on its debt are well covered by EBIT (10.7x coverage).