Diamondback Total Current Liabilities vs Other Stockholder Equity Analysis
FANG Stock | USD 179.55 5.74 3.10% |
Diamondback Energy financial indicator trend analysis is much more than just examining Diamondback Energy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Diamondback Energy is a good investment. Please check the relationship between Diamondback Energy Total Current Liabilities and its Other Stockholder Equity accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diamondback Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Diamondback Stock please use our How to Invest in Diamondback Energy guide.
Total Current Liabilities vs Other Stockholder Equity
Total Current Liabilities vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Diamondback Energy Total Current Liabilities account and Other Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Diamondback Energy's Total Current Liabilities and Other Stockholder Equity is 0.82. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Diamondback Energy, assuming nothing else is changed. The correlation between historical values of Diamondback Energy's Total Current Liabilities and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Diamondback Energy are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Total Current Liabilities i.e., Diamondback Energy's Total Current Liabilities and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.82 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Current Liabilities
Total Current Liabilities is an item on Diamondback Energy balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Diamondback Energy are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Other Stockholder Equity
Most indicators from Diamondback Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Diamondback Energy current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diamondback Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Diamondback Stock please use our How to Invest in Diamondback Energy guide.At this time, Diamondback Energy's Enterprise Value is most likely to increase significantly in the upcoming years.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 199M | 159M | 177M | 185.9M | Depreciation And Amortization | 1.3B | 1.3B | 1.7B | 1.8B |
Diamondback Energy fundamental ratios Correlations
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Diamondback Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Diamondback Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 23.5B | 17.6B | 22.9B | 26.2B | 29.0B | 30.5B | |
Short Long Term Debt Total | 5.5B | 5.8B | 6.7B | 6.2B | 6.8B | 7.1B | |
Other Current Liab | 27M | 917M | 1.3B | 1.5B | 1.5B | 1.6B | |
Total Current Liabilities | 1.3B | 1.2B | 1.4B | 1.7B | 2.1B | 2.2B | |
Total Stockholder Equity | 13.2B | 8.8B | 12.1B | 15.0B | 16.6B | 17.5B | |
Property Plant And Equipment Net | 21.8B | 16.2B | 20.6B | 23.8B | 26.7B | 28.0B | |
Net Debt | 5.2B | 5.7B | 6.0B | 6.1B | 6.2B | 6.5B | |
Accounts Payable | 179M | 71M | 36M | 127M | 261M | 274.1M | |
Cash | 123M | 104M | 654M | 157M | 582M | 611.1M | |
Non Current Assets Total | 22.7B | 17.0B | 21.5B | 24.8B | 27.4B | 28.7B | |
Non Currrent Assets Other | 90M | 96M | 88M | 428M | 132M | 138.6M | |
Cash And Short Term Investments | 123M | 104M | 654M | 157M | 582M | 611.1M | |
Net Receivables | 615M | 437M | 671M | 1.0B | 847M | 889.4M | |
Common Stock Shares Outstanding | 163.8M | 158.0M | 177.4M | 176.5M | 180.0M | 102.4M | |
Liabilities And Stockholders Equity | 23.5B | 17.6B | 22.9B | 26.2B | 29.0B | 30.5B | |
Non Current Liabilities Total | 7.4B | 6.6B | 8.2B | 8.8B | 9.5B | 9.9B | |
Inventory | 37M | 33M | 62M | 67M | 63M | 66.2M | |
Other Stockholder Equity | 12.4B | 12.7B | 14.1B | 14.2B | 14.1B | 7.5B | |
Total Liab | 8.6B | 7.8B | 9.7B | 10.5B | 11.6B | 12.1B | |
Property Plant And Equipment Gross | 21.8B | 16.2B | 34.2B | 38.6B | 43.1B | 45.3B | |
Total Current Assets | 869M | 602M | 1.4B | 1.4B | 1.6B | 1.7B | |
Accumulated Other Comprehensive Income | (37.1M) | (74K) | (5.0B) | (7M) | (8M) | (8.4M) | |
Short Term Debt | 119M | 191M | 45M | 10M | 206M | 216.3M | |
Other Liab | 2.0B | 955M | 1.6B | 2.4B | 2.8B | 2.9B | |
Other Assets | 333M | 16.9B | 220M | 492M | 565.8M | 537.5M | |
Long Term Debt | 5.4B | 5.6B | 6.6B | 6.2B | 6.6B | 7.0B | |
Other Current Assets | 43M | 28M | 59M | 162M | 129M | 135.5M | |
Property Plant Equipment | 21.8B | 16.2B | 20.6B | 23.8B | 27.3B | 28.7B | |
Net Tangible Assets | 13.2B | 8.8B | 12.1B | 15.0B | 17.3B | 18.1B | |
Current Deferred Revenue | 938M | 725M | 1.2B | 64M | (160M) | (152M) | |
Noncontrolling Interest In Consolidated Entity | 1.7B | 1.0B | 1.2B | 681M | 783.2M | 608.7M | |
Retained Earnings | 890M | (3.9B) | (2.0B) | 801M | 2.5B | 2.6B | |
Retained Earnings Total Equity | 890M | (3.9B) | (2.0B) | 801M | 720.9M | 756.9M | |
Long Term Debt Total | 5.4B | 5.6B | 6.6B | 6.2B | 7.2B | 7.5B | |
Capital Surpluse | 12.4B | 12.7B | 14.1B | 14.2B | 16.3B | 17.2B | |
Deferred Long Term Liab | 1.9B | 840M | 1.4B | 2.2B | 2.5B | 2.7B |
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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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diamondback Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. 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.