Vital Energy Balance Sheet Health
Financial Health criteria checks 6/6
Vital Energy has a total shareholder equity of CA$19.1M and total debt of CA$60.0K, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are CA$23.8M and CA$4.6M respectively. Vital Energy's EBIT is CA$155.9K making its interest coverage ratio -5. It has cash and short-term investments of CA$5.1M.
Key information
0.3%
Debt to equity ratio
CA$60.00k
Debt
| Interest coverage ratio | -5x |
| Cash | CA$5.13m |
| Equity | CA$19.13m |
| Total liabilities | CA$4.63m |
| Total assets | CA$23.76m |
Recent financial health updates
Here's Why Vital Energy (CVE:VUX) Can Afford Some Debt
Jan 14
Is Vital Energy (CVE:VUX) A Risky Investment?
Sep 15Is Vital Energy (CVE:VUX) Using Debt Sensibly?
Jun 02Recent updates
Vital Energy (CVE:VUX) Might Have The Makings Of A Multi-Bagger
Jan 24Slammed 31% Vital Energy Inc. (CVE:VUX) Screens Well Here But There Might Be A Catch
May 11Robust Earnings May Not Tell The Whole Story For Vital Energy (CVE:VUX)
May 04Here's Why Vital Energy (CVE:VUX) Can Afford Some Debt
Jan 14Is Vital Energy (CVE:VUX) A Risky Investment?
Sep 15Is Vital Energy (CVE:VUX) Using Debt Sensibly?
Jun 02Financial Position Analysis
Short Term Liabilities: VUX's short term assets (CA$7.2M) exceed its short term liabilities (CA$2.6M).
Long Term Liabilities: VUX's short term assets (CA$7.2M) exceed its long term liabilities (CA$2.0M).
Debt to Equity History and Analysis
Debt Level: VUX has more cash than its total debt.
Reducing Debt: VUX's debt to equity ratio has reduced from 26% to 0.3% over the past 5 years.
Debt Coverage: VUX's debt is well covered by operating cash flow (8988.7%).
Interest Coverage: VUX earns more interest than it pays, so coverage of interest payments is not a concern.