Vertex Energy Balance Sheet Health
Financial Health criteria checks 2/6
Vertex Energy has a total shareholder equity of $200.4M and total debt of $328.2M, which brings its debt-to-equity ratio to 163.8%. Its total assets and total liabilities are $854.6M and $654.2M respectively.
Key information
163.8%
Debt to equity ratio
US$328.16m
Debt
Interest coverage ratio | n/a |
Cash | US$76.97m |
Equity | US$200.39m |
Total liabilities | US$654.24m |
Total assets | US$854.62m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5VE's short term assets ($352.0M) exceed its short term liabilities ($328.8M).
Long Term Liabilities: 5VE's short term assets ($352.0M) exceed its long term liabilities ($325.4M).
Debt to Equity History and Analysis
Debt Level: 5VE's net debt to equity ratio (125.4%) is considered high.
Reducing Debt: 5VE's debt to equity ratio has increased from 37.3% to 163.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 5VE has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 5VE has less than a year of cash runway if free cash flow continues to reduce at historical rates of 29% each year