Current Assets
Total Current Assets
Diamondback Energy Total Current Assets increased by 41.2% to $2.70B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 33.8%, from $4.08B to $2.70B. Over 5 years (FY 2020 to FY 2025), Total Current Assets shows an upward trend with a 26.0% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026
How to read this metric
A higher value relative to current liabilities indicates a strong safety margin for meeting short-term obligations.
Detailed definition
The sum of all assets that are reasonably expected to be converted into cash or consumed within one year. This aggregate...
Peer comparison
High-growth tech companies often maintain high current asset levels to support rapid scaling and R&D needs.
Metric ID:
total_current_assetsHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.14B | $1.46B | $1.45B | $1.35B | $1.20B | $1.03B | $1.39B | $1.16B | $918.00M | $1.92B | $1.62B | $1.95B | $7.83B | $2.02B | $2.11B | $4.08B | $2.07B | $2.58B | $1.92B | $2.70B |
| QoQ Change | — | +28.2% | -1.2% | -6.8% | -10.8% | -14.2% | +35.0% | -16.7% | -20.9% | +108.7% | -15.4% | +20.2% | +301.7% | -74.2% | +4.4% | +93.5% | -49.4% | +24.9% | -25.8% | +41.2% |
| YoY Change | — | — | — | — | +5.2% | -29.6% | -3.7% | -13.9% | -23.6% | +85.8% | +16.5% | +67.9% | +752.4% | +5.5% | +30.2% | +109.6% | -73.6% | +27.6% | -9.2% | -33.8% |
Range$918.00M – $7.83B
CAGR+19.9%
Avg YoY Growth+57.1%
Median YoY Growth+5.3%
Total Current Assets at Other Companies
Frequently Asked Questions
- What is Diamondback Energy's total current assets?
- Diamondback Energy (FANG) reported total current assets of $2.70B in Q1 2026.
- How has Diamondback Energy's total current assets changed year-over-year?
- Diamondback Energy's total current assets decreased by 33.8% year-over-year, from $4.08B to $2.70B.
- What is the long-term trend for Diamondback Energy's total current assets?
- Over 5 years (2020 to 2025), Diamondback Energy's total current assets has grown at a 26.0% compound annual growth rate (CAGR), from $602.00M to $1.92B.
- What does total current assets mean?
- Everything the company owns that can be turned into cash within a single year.