Current Ratio
since 2012
Calculation
Diamondback Energy Inc., current ratio, long-term trends, calculation
| Current ratio | = | Current assets1 | ÷ | Current liabilities1 | |
|---|---|---|---|---|---|
| Dec 31, 2021 | 1.01 | = | 1,446) | ÷ | 1,438) |
| Dec 31, 2020 | 0.49 | = | 602) | ÷ | 1,236) |
| Dec 31, 2019 | 0.69 | = | 869) | ÷ | 1,263) |
| Dec 31, 2018 | 0.91 | = | 925) | ÷ | 1,020) |
| Dec 31, 2017 | 0.62 | = | 359) | ÷ | 577) |
| Dec 31, 2016 | 8.56 | = | 1,792) | ÷ | 209) |
| Dec 31, 2015 | 0.77 | = | 109) | ÷ | 141) |
| Dec 31, 2014 | 0.94 | = | 252) | ÷ | 267) |
| Dec 31, 2013 | 0.51 | = | 62) | ÷ | 121) |
| Dec 31, 2012 | 0.63 | = | 50) | ÷ | 79) |
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), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31).
1 US$ in millions
Comparison to Competitors
Diamondback Energy Inc., current ratio, long-term trends, comparison to competitors
| Diamondback Energy Inc. | Chevron Corp. | ConocoPhillips | Exxon Mobil Corp. | Marathon Petroleum Corp. | Occidental Petroleum Corp. | Valero Energy Corp. | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2021 | 1.01 | 1.26 | 1.34 | 1.04 | 1.70 | 1.23 | 1.26 |
| Dec 31, 2020 | 0.49 | 1.18 | 2.25 | 0.80 | 1.81 | 1.07 | 1.71 |
| Dec 31, 2019 | 0.69 | 1.07 | 2.40 | 0.78 | 1.25 | 1.25 | 1.44 |
| Dec 31, 2018 | 0.91 | 1.25 | 1.79 | 0.84 | 1.36 | 1.34 | 1.65 |
| Dec 31, 2017 | 0.62 | 1.03 | 1.76 | 0.82 | 1.28 | 1.12 | 1.74 |
| Dec 31, 2016 | 8.56 | 0.93 | 1.25 | 0.87 | 1.46 | 1.32 | 2.02 |
| Dec 31, 2015 | 0.77 | 1.34 | 0.95 | 0.79 | 1.49 | 1.37 | 2.03 |
| Dec 31, 2014 | 0.94 | 1.32 | 1.31 | 0.82 | 1.32 | 1.68 | 1.66 |
| Dec 31, 2013 | 0.51 | 1.52 | 1.26 | 0.83 | 1.30 | 1.34 | 1.47 |
| Dec 31, 2012 | 0.63 | 1.63 | 1.38 | 1.01 | 1.59 | 1.30 | 1.38 |
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), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31).
Comparison to Sector (Oil, Gas & Consumable Fuels)
Diamondback Energy Inc., current ratio, long-term trends, comparison to sector (oil, gas & consumable fuels)
| Diamondback Energy Inc. | Oil, Gas & Consumable Fuels | |
|---|---|---|
| Dec 31, 2021 | 1.01 | 1.23 |
| Dec 31, 2020 | 0.49 | 1.16 |
| Dec 31, 2019 | 0.69 | 1.08 |
| Dec 31, 2018 | 0.91 | 1.14 |
| Dec 31, 2017 | 0.62 | 1.08 |
| Dec 31, 2016 | 8.56 | 1.07 |
| Dec 31, 2015 | 0.77 | 1.09 |
| Dec 31, 2014 | 0.94 | 1.13 |
| Dec 31, 2013 | 0.51 | 1.14 |
| Dec 31, 2012 | 0.63 | 1.28 |
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), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31).
Comparison to Industry (Energy)
Diamondback Energy Inc., current ratio, long-term trends, comparison to industry (energy)
| Diamondback Energy Inc. | Energy | |
|---|---|---|
| Dec 31, 2021 | 1.01 | 1.23 |
| Dec 31, 2020 | 0.49 | 1.17 |
| Dec 31, 2019 | 0.69 | 1.09 |
| Dec 31, 2018 | 0.91 | 1.15 |
| Dec 31, 2017 | 0.62 | 1.09 |
| Dec 31, 2016 | 8.56 | 1.13 |
| Dec 31, 2015 | 0.77 | 1.19 |
| Dec 31, 2014 | 0.94 | 1.19 |
| Dec 31, 2013 | 0.51 | 1.20 |
| Dec 31, 2012 | 0.63 | 1.33 |
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), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31).