Stock Analysis on Net
Stock Analysis on Net

Diamondback Energy Inc. (NASDAQ:FANG)

This company has been moved to the archive! The financial data has not been updated since November 8, 2022.

Common-Size Balance Sheet: Assets

Diamondback Energy Inc., common-size consolidated balance sheet: assets

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Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Cash and cash equivalents 2.86 0.59 0.52 0.99 1.45
Restricted cash 0.08 0.02 0.02 0.00 0.00
Accounts receivable, joint interest and other, net 0.31 0.32 0.79 0.44 0.94
Accounts receivable, oil and natural gas sales, net 2.61 1.59 1.82 1.37 2.04
Inventories 0.27 0.19 0.16 0.17 0.12
Derivative instruments 0.06 0.01 0.20 1.07 0.01
Income tax receivable 0.00 0.57 0.08 0.00 0.00
Prepaid expenses and other current assets 0.12 0.13 0.10 0.23 0.06
Current assets 6.31% 3.42% 3.69% 4.28% 4.61%
Property and equipment, net 90.05 92.03 92.79 94.33 94.50
Funds held in escrow 0.05 0.29 0.00 0.00 0.08
Equity method investments 2.68 3.03 2.04 0.00 0.00
Derivative instruments 0.02 0.00 0.03 0.00 0.00
Deferred income taxes, net 0.17 0.41 0.60 0.45 0.00
Investment in real estate, net 0.38 0.57 0.46 0.54 0.00
Other assets 0.33 0.26 0.38 0.40 0.80
Long-term assets 93.69% 96.58% 96.31% 95.72% 95.39%
Total assets 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Diamondback Energy Inc. current assets as a percentage of total assets decreased from 2019 to 2020 but then increased from 2020 to 2021 exceeding 2019 level.
Property and equipment, net Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Diamondback Energy Inc. property and equipment, net as a percentage of total assets decreased from 2019 to 2020 and from 2020 to 2021.
Long-term assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Diamondback Energy Inc. long-term assets as a percentage of total assets increased from 2019 to 2020 but then decreased significantly from 2020 to 2021.