Most commonly ripped is used as an adjective and contextually can be used anytime you’re about to do something. Usually “kinda” is utilized prior to saying ripped giving it a subtle urgency vibe. Saying you’re about to rip something is almost always a good thing.
1.) I could rip a cold brew right now
2.) That homies fit kinda rips
3.) “Yo Bobby check out those turtles, they kinda rip”
4.) “Remember when we shredded the gnar? That ripped”