Diamondback Retained Earnings vs Accumulated Depreciation Analysis

FANG Stock

USD 201.50 3.87 1.96%

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 Retained Earnings and its Accumulated Depreciation 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 tightly coupled 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.

Retained Earnings vs Accumulated Depreciation

Retained Earnings vs Accumulated Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Diamondback Energy Retained Earnings account and Accumulated Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Diamondback Energy's Retained Earnings and Accumulated Depreciation is -0.02. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Accumulated Depreciation 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 Retained Earnings and Accumulated Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Diamondback Energy are associated (or correlated) with its Accumulated Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accumulated Depreciation has no effect on the direction of Retained Earnings i.e., Diamondback Energy's Retained Earnings and Accumulated Depreciation go up and down completely randomly.

Correlation Coefficient

-0.02

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Accumulated Depreciation

Accumulated depreciation is the total amount of depreciation for Diamondback Energy fixed asset that has been charged to Diamondback Energy expense since that asset was acquired and made available for Diamondback Energy use. The accumulated depreciation account is Diamondback Energy asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by Diamondback Energy.

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 tightly coupled 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	175M	183.8M
Depreciation And Amortization	1.3B	1.4B	1.7B	1.8B

Interest Expense Depreciation And Amortization

Diamondback Energy fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Other Liab	Other Assets	Long Term Debt	Other Current Assets	Property Plant Equipment
Total Assets		0.98	0.41	0.98	1.0	1.0	0.97	0.86	0.25	1.0	0.41	0.25	0.96	0.88	0.99	0.96	0.89	0.99	0.96	0.79	0.73	0.98	0.16	0.98	0.83	1.0
Short Long Term Debt Total	0.98		0.38	0.97	0.96	0.98	0.99	0.77	0.24	0.98	0.41	0.24	0.95	0.91	0.99	0.96	0.9	0.99	0.95	0.76	0.76	0.93	0.29	1.0	0.78	0.98
Other Current Liab	0.41	0.38		0.36	0.43	0.41	0.41	0.16	-0.12	0.42	0.34	-0.12	0.5	0.41	0.41	0.47	0.49	0.4	0.4	0.27	-0.1	0.43	0.03	0.39	0.05	0.4
Total Current Liabilities	0.98	0.97	0.36		0.97	0.98	0.96	0.87	0.23	0.98	0.37	0.23	0.97	0.85	0.98	0.96	0.82	0.99	0.98	0.77	0.76	0.96	0.19	0.97	0.87	0.98
Total Stockholder Equity	1.0	0.96	0.43	0.97		1.0	0.94	0.88	0.26	0.99	0.41	0.26	0.95	0.85	0.98	0.95	0.88	0.98	0.96	0.8	0.7	0.98	0.1	0.96	0.84	1.0
Property Plant And Equipment Net	1.0	0.98	0.41	0.98	1.0		0.97	0.86	0.21	1.0	0.4	0.21	0.96	0.87	0.99	0.96	0.88	0.99	0.96	0.76	0.73	0.98	0.16	0.98	0.84	1.0
Net Debt	0.97	0.99	0.41	0.96	0.94	0.97		0.76	0.09	0.97	0.39	0.09	0.94	0.89	0.98	0.96	0.88	0.98	0.93	0.66	0.76	0.93	0.32	0.99	0.76	0.97
Accounts Payable	0.86	0.77	0.16	0.87	0.88	0.86	0.76		0.24	0.86	0.29	0.24	0.81	0.62	0.82	0.76	0.63	0.83	0.83	0.69	0.75	0.89	0.0	0.77	0.94	0.87
Cash	0.25	0.24	-0.12	0.23	0.26	0.21	0.09	0.24		0.21	0.23	1.0	0.22	0.23	0.23	0.2	0.27	0.23	0.26	0.78	0.14	0.19	-0.1	0.24	0.26	0.22
Non Current Assets Total	1.0	0.98	0.42	0.98	0.99	1.0	0.97	0.86	0.21		0.4	0.21	0.96	0.87	0.99	0.96	0.88	0.99	0.96	0.76	0.73	0.98	0.17	0.98	0.83	1.0
Non Currrent Assets Other	0.41	0.41	0.34	0.37	0.41	0.4	0.39	0.29	0.23	0.4		0.23	0.41	0.41	0.4	0.34	0.45	0.4	0.37	0.42	0.23	0.35	0.11	0.41	0.22	0.39
Cash And Short Term Investments	0.25	0.24	-0.12	0.23	0.26	0.21	0.09	0.24	1.0	0.21	0.23		0.22	0.23	0.23	0.2	0.27	0.23	0.26	0.78	0.14	0.19	-0.1	0.24	0.26	0.22
Net Receivables	0.96	0.95	0.5	0.97	0.95	0.96	0.94	0.81	0.22	0.96	0.41	0.22		0.87	0.97	0.97	0.84	0.97	0.98	0.78	0.62	0.95	0.1	0.95	0.77	0.96
Common Stock Shares Outstanding	0.88	0.91	0.41	0.85	0.85	0.87	0.89	0.62	0.23	0.87	0.41	0.23	0.87		0.88	0.84	0.96	0.88	0.82	0.69	0.62	0.78	0.31	0.91	0.55	0.86
Non Current Liabilities Total	0.99	0.99	0.41	0.98	0.98	0.99	0.98	0.82	0.23	0.99	0.4	0.23	0.97	0.88		0.97	0.88	1.0	0.97	0.77	0.74	0.97	0.21	0.99	0.81	0.99
Inventory	0.96	0.96	0.47	0.96	0.95	0.96	0.96	0.76	0.2	0.96	0.34	0.2	0.97	0.84	0.97		0.83	0.98	0.98	0.75	0.61	0.95	0.11	0.96	0.78	0.96
Other Stockholder Equity	0.89	0.9	0.49	0.82	0.88	0.88	0.88	0.63	0.27	0.88	0.45	0.27	0.84	0.96	0.88	0.83		0.87	0.8	0.72	0.6	0.79	0.3	0.9	0.56	0.88
Total Liab	0.99	0.99	0.4	0.99	0.98	0.99	0.98	0.83	0.23	0.99	0.4	0.23	0.97	0.88	1.0	0.98	0.87		0.97	0.77	0.74	0.97	0.21	0.99	0.83	0.99
Property Plant And Equipment Gross	0.96	0.95	0.4	0.98	0.96	0.96	0.93	0.83	0.26	0.96	0.37	0.26	0.98	0.82	0.97	0.98	0.8	0.97		0.8	0.64	0.96	0.05	0.95	0.85	0.96
Total Current Assets	0.79	0.76	0.27	0.77	0.8	0.76	0.66	0.69	0.78	0.76	0.42	0.78	0.78	0.69	0.77	0.75	0.72	0.77	0.8		0.48	0.75	-0.02	0.77	0.67	0.77
Short Term Debt	0.73	0.76	-0.1	0.76	0.7	0.73	0.76	0.75	0.14	0.73	0.23	0.14	0.62	0.62	0.74	0.61	0.6	0.74	0.64	0.48		0.68	0.58	0.75	0.78	0.74
Other Liab	0.98	0.93	0.43	0.96	0.98	0.98	0.93	0.89	0.19	0.98	0.35	0.19	0.95	0.78	0.97	0.95	0.79	0.97	0.96	0.75	0.68		0.04	0.93	0.88	0.98
Other Assets	0.16	0.29	0.03	0.19	0.1	0.16	0.32	0.0	-0.1	0.17	0.11	-0.1	0.1	0.31	0.21	0.11	0.3	0.21	0.05	-0.02	0.58	0.04		0.28	0.01	0.15
Long Term Debt	0.98	1.0	0.39	0.97	0.96	0.98	0.99	0.77	0.24	0.98	0.41	0.24	0.95	0.91	0.99	0.96	0.9	0.99	0.95	0.77	0.75	0.93	0.28		0.77	0.98
Other Current Assets	0.83	0.78	0.05	0.87	0.84	0.84	0.76	0.94	0.26	0.83	0.22	0.26	0.77	0.55	0.81	0.78	0.56	0.83	0.85	0.67	0.78	0.88	0.01	0.77		0.85
Property Plant Equipment	1.0	0.98	0.4	0.98	1.0	1.0	0.97	0.87	0.22	1.0	0.39	0.22	0.96	0.86	0.99	0.96	0.88	0.99	0.96	0.77	0.74	0.98	0.15	0.98	0.85

Click cells to compare fundamentals

Diamondback Energy Account Relationship Matchups

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	5.4B	5.8B	6.7B	6.2B	6.8B	7.1B
Other Current Liab	27M	249M	174M	1.5B	86M	81.7M
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	47M	49.4M
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	160M	168M
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	50.3M	43M	23M	28M	109M	114.5M
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	1.6B	1.7B
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

Diamondback Energy Investors Sentiment

The influence of Diamondback Energy's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Diamondback. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Diamondback Energy's public news can be used to forecast risks associated with an investment in Diamondback. The trend in average sentiment can be used to explain how an investor holding Diamondback can time the market purely based on public headlines and social activities around Diamondback Energy. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Diamondback Energy's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Diamondback Energy's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Diamondback Energy's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Diamondback Energy.

Diamondback Energy Implied Volatility

24.15

Diamondback Energy's implied volatility exposes the market's sentiment of Diamondback Energy stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Diamondback Energy's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Diamondback Energy stock will not fluctuate a lot when Diamondback Energy's options are near their expiration.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Diamondback Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Diamondback Energy's short interest history, or implied volatility extrapolated from Diamondback Energy options trading.

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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:

How To Invest In Diamondback

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Is Diamondback Stock a good investment?

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What is Diamondback Energy's Net Worth?

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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 tightly coupled 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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

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When running Diamondback Energy's price analysis, check to measure Diamondback Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Diamondback Energy is operating at the current time. Most of Diamondback Energy's value examination focuses on studying past and present price action to predict the probability of Diamondback Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Diamondback Energy's price. Additionally, you may evaluate how the addition of Diamondback Energy to your portfolios can decrease your overall portfolio volatility.

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Is Diamondback Energy's industry 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

0.102

Dividend Share

9.26

Earnings Share

17.73

Revenue Per Share

46.192

Quarterly Revenue Growth

0.225

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.

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Diamondback Retained Earnings vs Accumulated Depreciation Analysis

Retained Earnings vs Accumulated Depreciation

Retained Earnings vs Accumulated Depreciation Correlation Analysis

Correlation Coefficient

Retained Earnings

Accumulated Depreciation

Diamondback Energy fundamental ratios Correlations

Diamondback Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Diamondback Energy fundamental ratios Accounts

Diamondback Energy Investors Sentiment

Diamondback Energy Implied Volatility

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Diamondback Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Property Plant Equipment	+ 1.0	Total Assets
Long Term Debt	+ 1.0	Short Long Term Debt Total
Property Plant And Equipment Net	+ 1.0	Total Stockholder Equity

Cash And Short Term Investments	- 0.12	Other Current Liab
Cash	- 0.12	Other Current Liab
Other Assets	- 0.1	Cash And Short Term Investments
Other Assets	- 0.1	Cash
Short Term Debt	- 0.1	Other Current Liab
Other Assets	- 0.02	Total Current Assets