Vital Energy Balance Sheet Health
Financial Health criteria checks 4/6
Vital Energy has a total shareholder equity of $2.8B and total debt of $2.1B, which brings its debt-to-equity ratio to 74.9%. Its total assets and total liabilities are $5.7B and $2.9B respectively. Vital Energy's EBIT is $509.5M making its interest coverage ratio 3.1. It has cash and short-term investments of $423.3M.
Key information
74.9%
Debt to equity ratio
US$2.10b
Debt
Interest coverage ratio | 3.1x |
Cash | US$423.33m |
Equity | US$2.80b |
Total liabilities | US$2.86b |
Total assets | US$5.66b |
Recent financial health updates
Vital Energy (NYSE:VTLE) Takes On Some Risk With Its Use Of Debt
Jun 08Is Vital Energy (NYSE:VTLE) A Risky Investment?
Jan 17Recent updates
Vital Energy: Going West For More Oil
Jun 24Vital Energy: Strong Production Performance, But Dealing With Elevated Operating Costs
Jun 11Are Investors Undervaluing Vital Energy, Inc. (NYSE:VTLE) By 39%?
Jun 04Vital Energy: Trying To Change Its Stripes
May 20Vital Energy Q1: Optimizing The Acquisitions
May 09Vital Energy: Raising The Bar
Mar 21Vital Energy: Management Snuck In More Equity
Feb 14Vital Energy: Why I Sold My Shares (Downgrade)
Feb 05Vital Energy, Inc.'s (NYSE:VTLE) Intrinsic Value Is Potentially 18% Below Its Share Price
Feb 05Vital Energy Blows Past Guidance
Jan 23Vital Energy: Cheap Free Cash Flow
Dec 22Vital Energy: Going For The Black Gold
Nov 03Here's Why We Think Vital Energy (NYSE:VTLE) Is Well Worth Watching
Oct 24Vital Energy: Permian Acquisitions Are How You Increase Cash Flow Quickly
Sep 15Calculating The Fair Value Of Vital Energy, Inc. (NYSE:VTLE)
Sep 03Vital Energy: Remaking A Company
Aug 15Vital Energy Is At It Again
Jul 18Vital Energy Is An AI Beneficiary
Jul 10Here's Why We Think Vital Energy (NYSE:VTLE) Might Deserve Your Attention Today
Jul 02Vital Energy: Lowering The Breakeven More
Jun 09Vital Energy (NYSE:VTLE) Takes On Some Risk With Its Use Of Debt
Jun 08Vital Energy Is At It Again
Jun 01Vital Energy, Inc.'s (NYSE:VTLE) Intrinsic Value Is Potentially 37% Above Its Share Price
May 17Here's Why We Think Vital Energy (NYSE:VTLE) Might Deserve Your Attention Today
Mar 30Vital Energy Non-GAAP EPS of $3.49 misses by $0.30, revenue of $364.13M beats by $29.93M
Feb 21Vital Energy Is Deeply Discounted
Jan 20Is Vital Energy (NYSE:VTLE) A Risky Investment?
Jan 17Laredo Petroleum: Howard County Issues And Benefits
Dec 15Selling Puts On Laredo Petroleum
Dec 08Laredo Petroleum: Cash Flow Is Now King
Nov 14Newsflash: Laredo Petroleum, Inc. (NYSE:LPI) Analysts Have Been Trimming Their Revenue Forecasts
Nov 09Financial Position Analysis
Short Term Liabilities: VTLE's short term assets ($745.9M) exceed its short term liabilities ($609.3M).
Long Term Liabilities: VTLE's short term assets ($745.9M) do not cover its long term liabilities ($2.3B).
Debt to Equity History and Analysis
Debt Level: VTLE's net debt to equity ratio (59.8%) is considered high.
Reducing Debt: VTLE's debt to equity ratio has reduced from 90.8% to 74.9% over the past 5 years.
Debt Coverage: VTLE's debt is well covered by operating cash flow (40.8%).
Interest Coverage: VTLE's interest payments on its debt are well covered by EBIT (3.1x coverage).