Viper Energy (FRA:ZT0) Interest Expense : €-54.3 Mil (TTM As of Mar. 2024)

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What is Viper Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Viper Energy's interest expense for the three months ended in Mar. 2024 was € -18.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-54.3 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Viper Energy's Operating Income for the three months ended in Mar. 2024 was € 127.8 Mil. Viper Energy's Interest Expense for the three months ended in Mar. 2024 was € -18.0 Mil. Viper Energy's Interest Coverage for the quarter that ended in Mar. 2024 was 7.09. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Viper Energy Interest Expense Historical Data

The historical data trend for Viper Energy's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Viper Energy Interest Expense Chart

Viper Energy Annual Data

Trend

Dec14

Dec15

Dec16

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Dec18

Dec19

Dec20

Dec21

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Dec23

Interest Expense

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-18.97

-27.13

-30.13

-38.15

-44.85

Viper Energy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-9.05	-10.42	-10.50	-15.34	-18.02

Viper Energy Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-54.3 Mil.

Viper Energy (FRA:ZT0) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Viper Energy's Interest Expense for the three months ended in Mar. 2024 was €-18.0 Mil. Its Operating Income for the three months ended in Mar. 2024 was €127.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €1,006.1 Mil.

Viper Energy's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	127.812	/	-18.021
	=	7.09

The higher the ratio, the stronger the company's financial strength is.

Viper Energy (FRA:ZT0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Viper Energy Inc (FRA:ZT0) » Definitions » Interest Expense

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VNOM:USA

Address

500 West Texas, Suite 1200, Midland, TX, USA, 79701

Website

https://www.viperenergy.com

Viper Energy Inc was formed by Diamondback Energy in 2014 to own mineral royalty interests in oil and natural gas properties in the Permian Basin. At the end of 2020, Viper owns 24,350 net royalty acres that produced 26,551 boe/d. Proved reserves are mostly oil, and at the end of 2020 stand at 99,392 mboe.

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