Diamondback Other Assets from 2010 to 2024

FANG Stock  USD 179.55  5.74  3.10%   
Diamondback Energy's Other Assets are increasing over the last several years with stable swings. Other Assets are predicted to flatten to about 537.5 M. During the period from 2010 to 2024 Diamondback Energy Other Assets regressed destribution of quarterly values had coefficient of variationof  328.70 and r-value of  0.23. View All Fundamentals
 
Other Assets  
First Reported
2009-12-31
Previous Quarter
235 M
Current Value
492 M
Quarterly Volatility
3.9 B
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Diamondback Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Diamondback Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.8 B, Interest Expense of 185.8 M or Total Revenue of 8.8 B, as well as many indicators such as Price To Sales Ratio of 3.15, Dividend Yield of 0.0543 or PTB Ratio of 2.35. Diamondback financial statements analysis is a perfect complement when working with Diamondback Energy Valuation or Volatility modules.
  
Check out the analysis of Diamondback Energy Correlation against competitors.
For more detail on how to invest in Diamondback Stock please use our How to Invest in Diamondback Energy guide.

Latest Diamondback Energy's Other Assets Growth Pattern

Below is the plot of the Other Assets of Diamondback Energy over the last few years. It is Diamondback Energy's Other Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Diamondback Energy's overall financial position and show how it may be relating to other accounts over time.
Other Assets10 Years Trend
Pretty Stable
   Other Assets   
       Timeline  

Diamondback Other Assets Regression Statistics

Arithmetic Mean1,311,626,067
Geometric Mean79,624,046
Coefficient Of Variation328.70
Mean Deviation2,075,649,858
Median166,657,000
Standard Deviation4,311,378,258
Sample Variance18587982.5T
Range16.9B
R-Value0.23
Mean Square Error18974986T
R-Squared0.05
Significance0.41
Slope220,040,071
Total Sum of Squares260231754.8T

Diamondback Other Assets History

2024537.5 M
2023565.8 M
2022492 M
2021220 M
202016.9 B
2019333 M
2018298 M

About Diamondback Energy Financial Statements

Diamondback Energy stakeholders use historical fundamental indicators, such as Diamondback Energy's Other Assets, to determine how well the company is positioned to perform in the future. Although Diamondback Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in Diamondback Energy's assets and liabilities are reflected in the revenues and expenses on Diamondback Energy's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Diamondback Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Assets565.8 M537.5 M

Currently Active Assets on Macroaxis

When determining whether Diamondback Energy is a strong investment it is important to analyze Diamondback Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Diamondback Energy's future performance. For an informed investment choice regarding Diamondback Stock, refer to the following important reports:
Check out the analysis of Diamondback Energy Correlation against competitors.
For more detail on how to invest in Diamondback Stock please use our How to Invest in Diamondback Energy guide.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Diamondback Energy. If investors know Diamondback will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Diamondback Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.37)
Dividend Share
8.29
Earnings Share
17.32
Revenue Per Share
49.46
Quarterly Revenue Growth
0.087
The market value of Diamondback Energy is measured differently than its book value, which is the value of Diamondback that is recorded on the company's balance sheet. Investors also form their own opinion of Diamondback Energy's value that differs from its market value or its book value, called intrinsic value, which is Diamondback Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Diamondback Energy's market value can be influenced by many factors that don't directly affect Diamondback Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Diamondback Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Diamondback Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Diamondback Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.