Viper Energy, Inc. (VNOM) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 469M | 413M | 887M | 443M | 792M | 238.04M | 320.18M | 205.38M | 189.82M | 143.52M | 262.13M | 105.79M | 133.27M | 118.62M | 124.29M | 139.86M | 136.7M | 111.15M | 111.32M | 88.77M |
| Cash & Short-Term Investments | 28M | 13M | 443M | 28M | 560M | 26.85M | 168.65M | 35.21M | 20M | 25.87M | 146.81M | 13.08M | 9.11M | 18.18M | 11.62M | 4.31M | 33.07M | 39.45M | 41.52M | 42.42M |
| Cash Only | 28M | 13M | 443M | 28M | 560M | 26.85M | 168.65M | 35.21M | 20M | 25.87M | 146.81M | 13.08M | 9.11M | 18.18M | 11.62M | 4.31M | 33.07M | 39.45M | 41.52M | 42.42M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 400M | 350M | 386M | 394M | 189M | 182.44M | 144.85M | 166.71M | 165.12M | 112.82M | 111.23M | 85.15M | 119.36M | 88.64M | 104.48M | 133.03M | 102.69M | 70.71M | 69.16M | 45.69M |
| Days Sales Outstanding | 68.04 | 80.23 | 91.3 | 92.43 | 68.22 | 65.88 | 68.44 | 69.9 | 61.69 | 50.38 | 30.83 | 57.94 | 55.53 | 43.67 | 49.35 | 44.85 | 38.67 | 38.84 | 41.31 | 37.14 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 41M | 50M | 58M | 21M | 43M | 28.75M | 6.68M | 3.47M | 4.7M | 4.83M | 4.08M | 7.57M | 4.8M | 11.8M | 8.19M | 2.51M | 944K | 989K | 654K | 658K |
| Total Non-Current Assets | 11.58B | 12.26B | 12.8B | 9.35B | 5.45B | 4.83B | 3.89B | 3.7B | 3.82B | 3.83B | 2.88B | 2.86B | 2.89B | 2.8B | 2.86B | 2.83B | 2.86B | 2.92B | 2.37B | 2.36B |
| Property, Plant & Equipment | 11.42B | 12.21B | 12.78B | 9.29B | 4.96B | 4.64B | 3.76B | 3.61B | 3.74B | 3.77B | 2.78B | 2.81B | 2.84B | 2.75B | 2.81B | 2.83B | 2.86B | 2.92B | 2.34B | 2.36B |
| Fixed Asset Turnover | 0.04x | 0.03x | 0.04x | 0.04x | 0.05x | 0.05x | 0.06x | 0.06x | 0.05x | 0.06x | 0.10x | 0.06x | 0.06x | 0.07x | 0.08x | 0.08x | 0.07x | 0.06x | 0.05x | 0.05x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 15M | 235M | 0 | 45.78M | 2.13M | 1.02M | 92K | 50M | 0 | 0 | 442K | 839K | 1.44M | 1.71M | 0 | 30.02M | 0 |
| Other Non-Current Assets | 15M | 16M | 18M | -6M | 7M | 8.17M | 4.65M | 4.95M | 5.24M | 5.51M | 5.58M | 1.24M | 170K | 1.38M | 301K | 1.15M | 1.93M | 2.76M | 3.57M | 4.38M |
| Total Assets | 12.05B | 12.67B | 13.69B | 9.79B | 6.24B | 5.07B | 4.21B | 3.9B | 4.01B | 3.97B | 3.14B | 2.97B | 3.02B | 2.92B | 2.99B | 2.97B | 3B | 3.03B | 2.48B | 2.45B |
| Asset Turnover | 0.04x | 0.03x | 0.03x | 0.04x | 0.04x | 0.05x | 0.05x | 0.05x | 0.05x | 0.06x | 0.10x | 0.05x | 0.06x | 0.07x | 0.07x | 0.08x | 0.07x | 0.06x | 0.05x | 0.05x |
| Asset Growth % | 93.14% | 149.97% | 225.44% | 150.95% | 55.46% | 27.55% | 33.81% | 31.46% | 32.88% | 36.08% | 5.28% | -0.17% | 0.62% | -3.75% | 20.27% | 21.3% | 22.9% | 23.27% | -4.55% | -6.63% |
| Total Current Liabilities | 76M | 111M | 472M | 72M | 91M | 48.69M | 44.21M | 29.09M | 54.88M | 33.26M | 47.49M | 28.08M | 29.77M | 21.95M | 25.08M | 26.84M | 37.1M | 24.47M | 61.56M | 68.96M |
| Accounts Payable | 0 | 0 | 0 | 0 | 0 | 85K | 26K | 19K | 17K | 19K | 197K | 19K | 436K | 1.13M | 17K | 9K | 14K | 69K | 208K | 39K |
| Days Payables Outstanding | - | - | - | - | - | 0.06 | 0.03 | 0.03 | 0.03 | 0.17 | 0.2 | 0.44 | 1.61 | 1.25 | 0.03 | 0.02 | 0.09 | 0.34 | 0.33 | 0.09 |
| Short-Term Debt | 0 | 0 | 380M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 76M | 111M | 91M | 32M | 5M | 2.32M | 901K | 4.77M | 8.47M | 2.96M | 9.28M | 8.35M | 2.1M | 0 | 891K | 9.09M | 13.22M | 3.42M | 35.36M | 51.76M |
| Current Ratio | 6.17x | 3.72x | 1.88x | 6.15x | 8.70x | 4.89x | 7.24x | 7.06x | 3.46x | 4.32x | 5.52x | 3.77x | 4.48x | 5.41x | 4.96x | 5.21x | 3.68x | 4.54x | 1.81x | 1.29x |
| Quick Ratio | 6.17x | 3.72x | 1.88x | 6.15x | 8.70x | 4.89x | 7.24x | 7.06x | 3.46x | 4.32x | 5.52x | 3.77x | 4.48x | 5.41x | 4.96x | 5.21x | 3.68x | 4.54x | 1.81x | 1.29x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 1.61B | 2.2B | 2.27B | 1.1B | 824M | 1.11B | 826.29M | 998.02M | 1.09B | 1.08B | 677.3M | 652.79M | 697.54M | 576.9M | 669.76M | 674.38M | 721M | 776.73M | 565.15M | 534.18M |
| Long-Term Debt | 1.6B | 2.19B | 2.24B | 1.1B | 822M | 1.08B | 821.5M | 998.02M | 1.09B | 1.08B | 675.68M | 649.42M | 695.15M | 576.89M | 669.64M | 674.38M | 721M | 776.73M | 564.45M | 534.18M |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 18M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 4M | 11M | 16M | 7M | 2M | 30.15M | 4.79M | 0 | 0 | 201K | 1.62M | 3.37M | 2.38M | 7K | 125K | 0 | 0 | 0 | 697K | 0 |
| Total Liabilities | 1.68B | 2.31B | 2.75B | 1.18B | 915M | 1.16B | 870.5M | 1.03B | 1.15B | 1.12B | 724.79M | 680.87M | 727.31M | 598.85M | 694.84M | 701.23M | 758.11M | 801.19M | 626.71M | 603.14M |
| Total Debt | 1.6B | 2.19B | 2.62B | 1.1B | 822M | 1.08B | 821.5M | 998.02M | 1.09B | 1.08B | 675.68M | 649.42M | 695.15M | 576.89M | 669.64M | 674.38M | 721M | 776.73M | 564.45M | 534.18M |
| Net Debt | 1.57B | 2.17B | 2.18B | 1.07B | 262M | 1.06B | 652.86M | 962.81M | 1.07B | 1.06B | 528.87M | 636.34M | 686.05M | 558.72M | 658.02M | 670.07M | 687.94M | 737.28M | 522.94M | 491.76M |
| Debt / Equity | 0.15x | 0.21x | 0.24x | 0.13x | 0.15x | 0.28x | 0.25x | 0.35x | 0.38x | 0.38x | 0.28x | 0.28x | 0.30x | 0.25x | 0.29x | 0.30x | 0.32x | 0.35x | 0.30x | 0.29x |
| Debt / EBITDA | 3.61x | 5.83x | 7.36x | 4.24x | 3.44x | 5.21x | 4.31x | 5.09x | 5.88x | 5.77x | 2.42x | 4.44x | 4.53x | 3.03x | 3.29x | 3.05x | 3.87x | 5.01x | 4.80x | 5.14x |
| Net Debt / EBITDA | 3.55x | 5.79x | 6.12x | 4.13x | 1.10x | 5.08x | 3.43x | 4.91x | 5.77x | 5.63x | 1.90x | 4.35x | 4.47x | 2.94x | 3.23x | 3.03x | 3.70x | 4.76x | 4.45x | 4.74x |
| Interest Coverage | 8.81x | 3.92x | -5.97x | 7.07x | 14.38x | 7.82x | 8.54x | 8.50x | 6.60x | 8.90x | 21.88x | 8.95x | 11.08x | 15.65x | 16.25x | 19.18x | 14.55x | 12.90x | 9.93x | 6.32x |
| Total Equity | 10.37B | 10.36B | 10.94B | 8.61B | 5.32B | 3.91B | 3.34B | 2.87B | 2.86B | 2.86B | 2.42B | 2.29B | 2.29B | 2.32B | 2.29B | 2.27B | 2.24B | 2.23B | 1.86B | 1.85B |
| Equity Growth % | 94.72% | 165.23% | 228.02% | 199.69% | 85.85% | 36.73% | 37.91% | 25.68% | 24.94% | 23.09% | 5.57% | 0.68% | 2.2% | 3.97% | 23.45% | 22.94% | 21.24% | 19.99% | -4.99% | -4.87% |
| Book Value per Share | 57.17 | 61.46 | 73.49 | 68.25 | 43.98 | 37.94 | 35.58 | 31.43 | 32.68 | 35.18 | 34.10 | 31.85 | 31.52 | 31.42 | 30.57 | 29.59 | 29.05 | 28.24 | 28.89 | 28.51 |
| Total Shareholders' Equity | 5.11B | 4.45B | 4.62B | 3.42B | 2.67B | 1.69B | 1.4B | 1.09B | 1.08B | 1.01B | 713.49M | 666.29M | 667.07M | 690.01M | 723.25M | 734.88M | 769.65M | 814.09M | 581.95M | 595.76M |
| Common Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 713.49M | 666.29M | 667.07M | 690.01M | 723.25M | 734.88M | 769.65M | 814.09M | 581.95M | 595.76M |
| Retained Earnings | -281M | -278M | -76M | 70M | 108M | 118.44M | -28.69M | -18.94M | -21.76M | -16.79M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 5.25B | 5.92B | 6.32B | 5.19B | 2.65B | 2.22B | 1.93B | 1.78B | 1.78B | 1.84B | 1.71B | 1.62B | 1.63B | 1.63B | 1.57B | 1.54B | 1.47B | 1.42B | 1.27B | 1.25B |