Viper Energy (Viper Energy) Effective Interest Rate on Debt % : 7.61% (As of Dec. 2023)

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What is Viper Energy Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Viper Energy's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $66.9 Mil. Viper Energy's average total debt for the quarter that ended in Dec. 2023 was $879.4 Mil. Therefore, Viper Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 7.61%.

Viper Energy Effective Interest Rate on Debt % Historical Data

The historical data trend for Viper Energy's Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % Chart

Viper Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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4.22

5.78

5.11

5.97

5.89

Viper Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															6.58	6.09	6.72	6.76	7.61

Competitive Comparison of Viper Energy's Effective Interest Rate on Debt %

For the Oil & Gas Midstream subindustry, Viper Energy's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Viper Energy's Effective Interest Rate on Debt % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Viper Energy's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Viper Energy's Effective Interest Rate on Debt % falls into.

Viper Energy Effective Interest Rate on Debt % Calculation

Viper Energy's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2022 )	+	Total Debt (A: Dec. 2023 ))	/ count )
=	-1 * -48.907	/	( (576.895	+	1083.082)	/ 2 )
=	-1 * -48.907	/	829.9885
=	5.89 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	576.895	+	0
=	576.895

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1083.082	+	0
=	1083.082

Viper Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -66.908	/	( (675.681	+	1083.082)	/ 2 )
=	-1 * -66.908	/	879.3815
=	7.61 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	675.681	+	0
=	675.681

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1083.082	+	0
=	1083.082

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Viper Energy (NAS:VNOM) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.

Viper Energy Effective Interest Rate on Debt % Related Terms

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Viper Energy (Viper Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Viper Energy Inc (NAS:VNOM) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

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Traded in Other Exchanges

ZT0:Germany

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.

Executives

Bx Swt Ml Holdco Llc	10 percent owner	345 PARK AVENUE, NEW YORK NY 10154
Blackstone Holdings Iii L.p.	10 percent owner	C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Laurie H Argo	director	1100 LOUISIANA STREET, SUITE 1000, HOUSTON TX 77002
Frank C. Hu	director	625 LIBERTY AVE., SUITE 1700, PITTSBURGH PA 15222
Armour Spencer D Iii	director	400 W. ILLINOIS, SUITE 800, MIDLAND TX 79701
Bx Guidon Topco Llc	10 percent owner	C/O BLACKSTONE MANAGEMENT PARTNERS L.L.C, 345 PARK AVENUE, 43RD FLOOR, NEW YORK NY 10154
Matt Zmigrosky	officer: Exec. VP and General Counsel	500 WEST TEXAS AVENUE, SUITE 1200, MIDLAND TX 79701
Bx Swallowtail Royalties Holding Llc	10 percent owner	C/O THE BLACKSTONE GROUP INC., NEW YORK NY 10154
Swallowtail Royalties Ii Llc	10 percent owner	7750 N. MACARTHUR BLVD., STE. 120-370, IRVING TX 75063
Swallowtail Royalties Llc	10 percent owner	545 E. JOHN CARPENTER FWY., STE. 1300, IRVING TX 75062
Swallowtail Royalties Holdings Llc	10 percent owner	545 E. JOHN CARPENTER FWY., STE. 1300, IRVING TX 75062
Guidon Energy Holdings Lp	10 percent owner	C/O BLACKSTONE MANAGEMENT PARTNERS L.L.C, 345 PARK AVENUE, 43RD FLOOR, NEW YORK NY 10154
Guidon Energy Holdings Gp Llc	10 percent owner	C/O BLACKSTONE MANAGEMENT PARTNERS L.L.C, 345 PARK AVENUE, 43RD FLOOR, NEW YORK NY 10154
Blackstone Energy Management Associates Ii L.l.c.	10 percent owner	C/O THE BLACKSTONE GROUP L.P., 345 PARK AVE., NEW YORK NY 10154
Blackstone Ema Ii L.l.c.	10 percent owner	C/O THE BLACKSTONE GROUP L.P., 345 PARK AVE., NEW YORK NY 10154