Vertex Energy Balance Sheet Health
Financial Health criteria checks 3/6
Vertex Energy has a total shareholder equity of $129.5M and total debt of $320.5M, which brings its debt-to-equity ratio to 247.4%. Its total assets and total liabilities are $772.4M and $642.8M respectively.
Key information
247.4%
Debt to equity ratio
US$320.49m
Debt
| Interest coverage ratio | n/a |
| Cash | US$18.76m |
| Equity | US$129.55m |
| Total liabilities | US$642.82m |
| Total assets | US$772.37m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VTNR *'s short term assets ($276.3M) do not cover its short term liabilities ($494.6M).
Long Term Liabilities: VTNR *'s short term assets ($276.3M) exceed its long term liabilities ($148.3M).
Debt to Equity History and Analysis
Debt Level: VTNR *'s net debt to equity ratio (232.9%) is considered high.
Reducing Debt: VTNR *'s debt to equity ratio has increased from 41.3% to 247.4% 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: VTNR * has sufficient cash runway for 8 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: VTNR * is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.