Valero Energy Balance Sheet Health
Financial Health criteria checks 6/6
Valero Energy has a total shareholder equity of $28.3B and total debt of $8.4B, which brings its debt-to-equity ratio to 29.6%. Its total assets and total liabilities are $63.6B and $35.4B respectively. Valero Energy's EBIT is $8.1B making its interest coverage ratio 28.3. It has cash and short-term investments of $5.2B.
Key information
29.6%
Debt to equity ratio
US$8.35b
Debt
| Interest coverage ratio | 28.3x |
| Cash | US$5.25b |
| Equity | US$28.25b |
| Total liabilities | US$35.37b |
| Total assets | US$63.62b |
Recent financial health updates
Valero Energy (NYSE:VLO) Seems To Use Debt Quite Sensibly
Aug 14
We Think Valero Energy (NYSE:VLO) Can Stay On Top Of Its Debt
Mar 28Does Valero Energy (NYSE:VLO) Have A Healthy Balance Sheet?
Dec 08Valero Energy (NYSE:VLO) Seems To Use Debt Rather Sparingly
Aug 27These 4 Measures Indicate That Valero Energy (NYSE:VLO) Is Using Debt Safely
Apr 30These 4 Measures Indicate That Valero Energy (NYSE:VLO) Is Using Debt Safely
Dec 23Recent updates
Valero Energy (NYSE:VLO) Seems To Use Debt Quite Sensibly
Aug 14The Refining Giant: Valero's Impressive Shareholder Payback
Jul 29Results: Valero Energy Corporation Exceeded Expectations And The Consensus Has Updated Its Estimates
Jul 27Valero Energy Corporation (NYSE:VLO) Shares Could Be 40% Below Their Intrinsic Value Estimate
Jun 26Valero Energy: Supportive Upside Ahead
Jun 25Valero: Growing Free Cash Flow To Support Dividend Growth
Jun 12The Trend Of High Returns At Valero Energy (NYSE:VLO) Has Us Very Interested
Jun 10Valero Energy Corporation's (NYSE:VLO) Prospects Need A Boost To Lift Shares
May 26Valero's Buyback Makes Shares Attractive Given A Favorable Environment
May 15If You Like Buybacks (And Dividends), You'll Love Valero
May 07Crack Spreads Continue To Support Valero Energy Stock
Apr 05We Think Valero Energy (NYSE:VLO) Can Stay On Top Of Its Debt
Mar 28Valero: Gasoline Prices Will Jump In April, But I Won't Jump On This Rally (Rating Downgrade)
Mar 18Estimating The Intrinsic Value Of Valero Energy Corporation (NYSE:VLO)
Mar 12Why We Like The Returns At Valero Energy (NYSE:VLO)
Feb 11Analysts Are Updating Their Valero Energy Corporation (NYSE:VLO) Estimates After Its Annual Results
Jan 27Valero Energy: Adjusting Estimates, But It Is A Buy
Jan 12Valero Energy Corporation's (NYSE:VLO) Share Price Is Matching Sentiment Around Its Earnings
Jan 03Valero's A Dividend And Buyback Gem - If It Drops, I'm Buying
Jan 03Here's Why We Think Valero Energy (NYSE:VLO) Might Deserve Your Attention Today
Dec 21Valero Energy: Holding At Current Levels
Dec 11Does Valero Energy (NYSE:VLO) Have A Healthy Balance Sheet?
Dec 08Valero Energy: Buy Rating Fueled By 3% Dividend Yield And Undervaluation
Nov 29Estimating The Fair Value Of Valero Energy Corporation (NYSE:VLO)
Nov 24Shareholders Would Enjoy A Repeat Of Valero Energy's (NYSE:VLO) Recent Growth In Returns
Nov 06Valero Energy: Pressure On Refining Spreads Is Bearish For The Oil Refiner
Nov 02Valero Energy: A Solid Q3 With A Powerful Buyback In Place
Oct 27Valero Energy: Taking To 'Hold' After Solid Run (Rating Downgrade)
Oct 04Valero: Despite Massive Strength, I'm Considering Selling (Rating Downgrade)
Sep 26We Ran A Stock Scan For Earnings Growth And Valero Energy (NYSE:VLO) Passed With Ease
Sep 11Valero Energy (NYSE:VLO) Seems To Use Debt Rather Sparingly
Aug 27Valero: Renewables And Sustainable Fuel Will Contribute To Upside
Aug 25Estimating The Intrinsic Value Of Valero Energy Corporation (NYSE:VLO)
Aug 13Vectoring In On Valero Energy
Jul 24Returns on Capital Paint A Bright Future For Valero Energy (NYSE:VLO)
Jul 24Checking In On The Health Of Valero And Its Markets
Jul 09Valero: U.S. Gasoline Prices Will Soar This Decade As More Refineries Shutter
Jun 14Valero Energy: Keeping A Keen Eye On Diversification Reveals Solid Potential
Jun 05With EPS Growth And More, Valero Energy (NYSE:VLO) Makes An Interesting Case
May 30Estimating The Intrinsic Value Of Valero Energy Corporation (NYSE:VLO)
May 12These 4 Measures Indicate That Valero Energy (NYSE:VLO) Is Using Debt Safely
Apr 30Valero Energy (NYSE:VLO) Is Very Good At Capital Allocation
Apr 16Do Valero Energy's (NYSE:VLO) Earnings Warrant Your Attention?
Feb 21Growth Investors: Industry Analysts Just Upgraded Their Valero Energy Corporation (NYSE:VLO) Revenue Forecasts By 10%
Feb 04Valero Energy Has More Upside Potential
Feb 04Valero Energy Non-GAAP EPS of $8.45 beats by $1.23, revenue of $41.74B misses by $1.57B
Jan 26Under The Bonnet, Valero Energy's (NYSE:VLO) Returns Look Impressive
Jan 10Valero's Dividend: What To Expect In 2023
Dec 29These 4 Measures Indicate That Valero Energy (NYSE:VLO) Is Using Debt Safely
Dec 23Calculating The Fair Value Of Valero Energy Corporation (NYSE:VLO)
Dec 05Financial Position Analysis
Short Term Liabilities: VLO's short term assets ($27.1B) exceed its short term liabilities ($18.3B).
Long Term Liabilities: VLO's short term assets ($27.1B) exceed its long term liabilities ($17.0B).
Debt to Equity History and Analysis
Debt Level: VLO's net debt to equity ratio (11%) is considered satisfactory.
Reducing Debt: VLO's debt to equity ratio has reduced from 39.9% to 29.6% over the past 5 years.
Debt Coverage: VLO's debt is well covered by operating cash flow (106.1%).
Interest Coverage: VLO's interest payments on its debt are well covered by EBIT (28.3x coverage).