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: Liabilities and Stockholders’ Equity

Diamondback Energy Inc., common-size consolidated balance sheet: liabilities and stockholders’ equity

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Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Accounts payable, trade 0.16 0.40 0.76 0.59 1.22
Accrued capital expenditures 1.29 1.06 2.02 2.29 2.85
Current maturities of long-term debt 0.20 1.08 0.00 0.00 0.00
Derivative liability payable 0.44 0.17 0.01 0.00 0.00
Lease operating expenses payable 0.38 0.65 0.51 0.28 0.36
Ad valorem taxes payable 0.31 0.32 0.29 0.23 0.04
Accrued compensation 0.21 0.15 0.00 0.00 0.00
Interest payable 0.20 0.21 0.11 0.12 0.09
Midstream operating expenses payable 0.06 0.10 0.09 0.00 0.00
Liability for drilling costs prepaid by joint interest partners 0.04 0.03 0.05 0.07 0.39
Other 0.27 0.07 0.23 0.48 0.31
Other accrued liabilities 1.90% 1.71% 1.29% 1.17% 1.19%
Revenues and royalties payable 1.97 1.35 1.18 0.66 0.88
Derivative instruments 0.76 1.41 0.11 0.00 1.29
Current liabilities 6.28% 7.02% 5.37% 4.72% 7.43%
Long-term debt, excluding current maturities 29.01 31.92 22.83 20.67 19.01
Derivative instruments 0.13 0.32 0.00 0.07 0.08
Asset retirement obligations 0.72 0.61 0.40 0.63 0.26
Deferred income taxes 5.84 4.44 8.01 8.26 1.39
Other long-term liabilities 0.17 0.04 0.05 0.04 0.00
Long-term liabilities 35.88% 37.34% 31.29% 29.68% 20.74%
Total liabilities 42.16% 44.36% 36.65% 34.40% 28.17%
Common stock, $0.01 par value 0.01 0.01 0.01 0.01 0.01
Additional paid-in capital 61.51 71.83 52.51 59.90 68.09
Retained earnings (accumulated deficit) -8.73 -21.93 3.78 3.53 -0.48
Accumulated other comprehensive income 0.00 0.00 0.00 0.00 0.00
Total Diamondback Energy, Inc. stockholders’ equity 52.79% 49.91% 56.30% 63.44% 67.62%
Non-controlling interest 5.05 5.73 7.04 2.16 4.21
Total equity 57.84% 55.64% 63.35% 65.60% 71.83%
Total liabilities and equity 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 liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Diamondback Energy Inc. current liabilities as a percentage of total liabilities and equity increased from 2019 to 2020 but then slightly decreased from 2020 to 2021.
Long-term liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Diamondback Energy Inc. long-term liabilities as a percentage of total liabilities and equity increased from 2019 to 2020 but then slightly decreased from 2020 to 2021.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Diamondback Energy Inc. total liabilities as a percentage of total liabilities and equity increased from 2019 to 2020 but then slightly decreased from 2020 to 2021.
Total Diamondback Energy, Inc. stockholders’ equity Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Diamondback Energy Inc. total Diamondback Energy, Inc. stockholders’ equity as a percentage of total liabilities and equity decreased from 2019 to 2020 but then slightly increased from 2020 to 2021.