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VNOM (Viper Energy) Other Current Assets : $28.8 Mil (As of Dec. 2024)


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What is Viper Energy Other Current Assets?

Viper Energy's other current assets for the quarter that ended in Dec. 2024 was $28.8 Mil.

Viper Energy's quarterly other current assets increased from Jun. 2024 ($3.5 Mil) to Sep. 2024 ($6.7 Mil) and increased from Sep. 2024 ($6.7 Mil) to Dec. 2024 ($28.8Mil).

Viper Energy's annual other current assets declined from Dec. 2022 ($11.8 Mil) to Dec. 2023 ($4.8 Mil) increased from Dec. 2023 ($4.8 Mil) to Dec. 2024 ($28.8 Mil).


Viper Energy Other Current Assets Historical Data

The historical data trend for Viper Energy's Other Current Assets 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.

* Premium members only.

Viper Energy Other Current Assets Chart

Viper Energy Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 0.99 11.80 4.82 28.75

Viper Energy Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Other Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.82 4.70 3.47 6.68 28.75

Viper Energy Other Current Assets Calculation

Technically, the other current assets line may include any asset that will be used up within the next 12 months. However, other current assets never include assets that are listed elsewhere in the current assets section of the balance sheet. For this reason, other current assets are almost never:


Cash
Trade Receivables
Inventory

The assets grouped under other current assets are most commonly:


Prepaid Expenses
Tax Assets
Non-Trade Receivables
Other (too numerous to list)

Some companies can and do choose to report each of these items separately.

Other current assets may be made up largely of Prepaid Expenses - unless these are listed on a separate line of the balance sheet.

Prepaid expenses are exactly what they sound like. If a company pays a $30 million insurance premium on the last day of June that will provide coverage for the entire month of July, the company will record a $30 million prepaid expense to account for the insurance expense it will show in July that it already paid for in June.

Tax assets can be quite complex. It is not common for companies to have both tax assets and tax liabilities. It is important that investors take note of both items when considering future taxes.

Non-Trade receivables are rarely a large item. They include money owed to the company by non-customers. Non-trade receivables can be caused by related party transactions, the sale of a business unit, etc. The notes to the company's financial statements will often provide much more detail on this item if it is truly important.

There are a variety of other current assets like non-trade receivables which are simply too numerous to list. If a company is following correct reporting procedures, it should not lump items that are different from one another and yet individually important to the company together under the line Other Current Assets.

At most companies, other current assets are a small and unimportant part of the total balance sheet.


Viper Energy Other Current Assets Related Terms

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Viper Energy Business Description

Traded in Other Exchanges
Address
500 West Texas, Suite 100, Midland, TX, USA, 79701
Viper Energy Inc is focused on owning and acquiring mineral and royalty interests in oil and natural gas properties primarily in the Permian Basin. The Permian Basin is known to have a number of zones of oil and natural gas-bearing rock throughout.
Executives
Diamondback Energy, Inc. 10 percent owner, other: Director by deputization 500 WEST TEXAS, SUITE 1200, MIDLAND TX 79701
Blackstone Holdings Iii L.p. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Bx Swt Ml Holdco Llc 10 percent owner 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
Blackstone Management Associates Vi L.l.c. 10 percent owner C/O THE BLACKSTONE GROUP 345 PARK AVENUE, NEW YORK NY 10154
Bx Swallowtail Royalties Holding Llc 10 percent owner C/O THE BLACKSTONE GROUP INC., 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
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
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
Guidon Energy Holdings Lp 10 percent owner C/O BLACKSTONE MANAGEMENT PARTNERS L.L.C, 345 PARK AVENUE, 43RD FLOOR, NEW YORK NY 10154
Swallowtail Royalties Holdings Llc 10 percent owner 545 E. JOHN CARPENTER FWY., STE. 1300, IRVING TX 75062