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Vertex Energy (Vertex Energy) Scaled Net Operating Assets : 0.53 (As of Dec. 2023)


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What is Vertex Energy Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Vertex Energy's operating assets for the quarter that ended in Dec. 2023 was $778 Mil. Vertex Energy's operating liabilities for the quarter that ended in Dec. 2023 was $304 Mil. Vertex Energy's Total Assets for the quarter that ended in Sep. 2023 was $893 Mil. Therefore, Vertex Energy's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.53.


Vertex Energy Scaled Net Operating Assets Historical Data

The historical data trend for Vertex Energy's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Vertex Energy Scaled Net Operating Assets Chart

Vertex Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.20 0.57 1.13 1.16 0.69

Vertex Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.48 0.63 0.62 0.57 0.53

Competitive Comparison of Vertex Energy's Scaled Net Operating Assets

For the Oil & Gas Refining & Marketing subindustry, Vertex Energy's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Vertex Energy's Scaled Net Operating Assets Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Vertex Energy's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Vertex Energy's Scaled Net Operating Assets falls into.



Vertex Energy Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Vertex Energy's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(777.657-303.793)/689.385
=0.69

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=854.624 - 76.967
=777.657

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=654.237 - 311.351 - 39.093
=303.793

Vertex Energy's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2023 )
=(Operating Assets (Q: Dec. 2023 )-Operating Liabilities (Q: Dec. 2023 ))/Total Assets (Q: Sep. 2023 )
=(777.657-303.793)/892.678
=0.53

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=854.624 - 76.967
=777.657

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=654.237 - 311.351 - 39.093
=303.793

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Vertex Energy Scaled Net Operating Assets Related Terms

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Vertex Energy (Vertex Energy) Business Description

Industry
Traded in Other Exchanges
Address
1331 Gemini Street, Suite 250, Houston, TX, USA, 77058
Vertex Energy Inc is an environmental services company that recycles industrial waste streams and off-specification commercial chemical products. Its operating segments are Refining and Marketing, and Recovery. The company generates maximum revenue from the Refining and Marketing segment. The company collects used oil from businesses such as oil change service stations, automotive repair shops, petroleum refineries, and petrochemical manufacturing operations.
Executives
Christopher Allen Stratton director 1331 GEMINI STREET, #250, HOUSTON TX 77058
Alvaro Ruiz officer: Chief Strategy Officer 86 S KNIGHTS CROSSING DR, THE WOODLANDS TX 77382
James Gary Rhame officer: Chief Operating Officer 2601 RYDER COURT, LEAGUE CITY TX 77573
Benjamin P Cowart director, 10 percent owner, officer: CEO AND PRESIDENT 2506 DEEP OAK COURT, HOUSTON TX 77059
Douglas Scott Haugh officer: Chief Commercial Officer 865 DUNHAM STREET, DANIEL ISLAND SC 29492
Karen Kay Maston director 3770 OLYMPIA DRIVE, HOUSTON TX 77019
Odeh Khoury director 6 GREYTON LN, HOUSTON TX 77024
David L Phillips director P.O. BOX 37167, HOUSTON TX 77237
John Noel Strickland officer: COO 2030 ASHTON WAY, BAINBRIDGE GA 39819
Timothy C Harvey director 15 COLONEL WINSTEAD DRIVE, BRENTWOOD TN 37027
James P Gregory director 1225 EYE STREET NW SUITE 900, WASHINGTON DC 22209
David Peel officer: COO 1427 SHELL FISH CT., MT. PLEASANT SC 29466
Dan Borgen director 9500 NEW CENTURY, PASADENA TX 77507
Matthew Lieb officer: CHIEF OPERATING OFFICER 13500 EVENING CREEK DRIVE #440, SAN DIEGO CA 92128
Chris Carlson officer: CFO AND SECRETARY 4418 CEDAR RIDGE TRAIL, HOUSTON TX 77059

Vertex Energy (Vertex Energy) Headlines

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