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
Is Vertex Energy (NASDAQ:VTNR) Using Too Much Debt?
Oct 27
We Think Vertex Energy (NASDAQ:VTNR) Is Taking Some Risk With Its Debt
Jun 17Is Vertex Energy (NASDAQ:VTNR) Using Too Much Debt?
Feb 15Vertex Energy (NASDAQ:VTNR) Takes On Some Risk With Its Use Of Debt
Oct 27Recent updates
Investors Holding Back On Vertex Energy, Inc. (NASDAQ:VTNR)
Dec 19Is Vertex Energy (NASDAQ:VTNR) Using Too Much Debt?
Oct 27Market Cool On Vertex Energy, Inc.'s (NASDAQ:VTNR) Revenues Pushing Shares 26% Lower
Aug 09We Think Vertex Energy (NASDAQ:VTNR) Is Taking Some Risk With Its Debt
Jun 17Is Vertex Energy (NASDAQ:VTNR) Using Too Much Debt?
Feb 15Vertex Should Improve After Awful Q2, Given Valuation Support
Oct 11Vertex Energy: Mixed Messages
Sep 05These Analysts Think Vertex Energy, Inc.'s (NASDAQ:VTNR) Earnings Are Under Threat
Aug 11Vertex Energy: This Refining Business Is Priced At 3x 2023 Free Cash Flows
Jun 28Industry Analysts Just Upgraded Their Vertex Energy, Inc. (NASDAQ:VTNR) Revenue Forecasts By 27%
May 21Is There An Opportunity With Vertex Energy, Inc.'s (NASDAQ:VTNR) 41% Undervaluation?
May 18Vertex Energy: At The Verge Of A Transformational Tipping Point
Apr 11Vertex Energy (NASDAQ:VTNR) Takes On Some Risk With Its Use Of Debt
Oct 27Vertex Energy's Pivotal Pivot
Aug 22Financial Position Analysis
Short Term Liabilities: VTNR's short term assets ($352.0M) exceed its short term liabilities ($328.8M).
Long Term Liabilities: VTNR's short term assets ($352.0M) exceed its long term liabilities ($325.4M).
Debt to Equity History and Analysis
Debt Level: VTNR's net debt to equity ratio (125.4%) is considered high.
Reducing Debt: VTNR'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: VTNR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: VTNR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 29% each year