Vitesse Energy Balance Sheet Health
Financial Health criteria checks 3/6
Vitesse Energy has a total shareholder equity of $520.4M and total debt of $105.0M, which brings its debt-to-equity ratio to 20.2%. Its total assets and total liabilities are $791.2M and $270.9M respectively. Vitesse Energy's EBIT is $73.2M making its interest coverage ratio 7.9. It has cash and short-term investments of $2.4M.
Key information
20.2%
Debt to equity ratio
US$105.00m
Debt
| Interest coverage ratio | 7.9x |
| Cash | US$2.43m |
| Equity | US$520.39m |
| Total liabilities | US$270.86m |
| Total assets | US$791.24m |
Recent financial health updates
No updates
Recent updates
Vitesse Energy Will Use Bakken Bolt-On To Bolster The Dividend
Dec 17Vitesse Energy: Still Preferring Alternatives
Dec 08Vitesse Energy Shows Why It Remains A Strong Dividend Growth Choice
Aug 04Analysts Predict Vitesse Energy Should Show Strong Profits In 2024
Jan 28Vitesse Energy: A Bright Outlook Inspires Optimism
Oct 25Vitesse Energy Is A Bakken Power Player
Aug 08Vitesse Energy: Deserves Spot In Portfolios Seeking High Capital Returns With Upside Potential
Jun 06Vitesse Energy, Inc. declares $0.50 dividend
Feb 13Vitesse Energy Is Going To Offer A 15% Dividend Yield
Feb 06Financial Position Analysis
Short Term Liabilities: VTS's short term assets ($54.3M) do not cover its short term liabilities ($72.7M).
Long Term Liabilities: VTS's short term assets ($54.3M) do not cover its long term liabilities ($198.2M).
Debt to Equity History and Analysis
Debt Level: VTS's net debt to equity ratio (19.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if VTS's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: VTS's debt is well covered by operating cash flow (144.7%).
Interest Coverage: VTS's interest payments on its debt are well covered by EBIT (7.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 23:18 |
| End of Day Share Price | 2024/12/31 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Vitesse Energy, Inc. is covered by 6 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jeffrey Grampp | Alliance Global Partners |
| Stephen Richardson | Evercore ISI |
| Francis Lloyd Byrne | Jefferies LLC |