VCYE (Velocity Energy) Beginning Cash Position: $-0.23 Mil (As of Jun. 2009)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Velocity Energy Beginning Cash Position?

Velocity Energy VCYE Beginning Cash Position is $-0.23 Mil as of Jun. 2009.

Velocity Energy's Beginning Cash Position for the quarter that ended in Jun. 2009 was $-0.23 Mil.

Velocity Energy's quarterly Beginning Cash Position declined from Dec. 2008 ($6.62 Mil) to Mar. 2009 ($0.19 Mil) and declined from Mar. 2009 ($0.19 Mil) to Jun. 2009 ($-0.23 Mil).

Velocity Energy's annual Beginning Cash Position increased from Dec. 2006 ($0.26 Mil) to Dec. 2007 ($0.26 Mil) and increased from Dec. 2007 ($0.26 Mil) to Dec. 2008 ($2.20 Mil).

Velocity Energy Beginning Cash Position Related Terms

Velocity Energy Beginning Cash Position Historical Data

* Premium members only.

The historical data trend for Velocity Energy's Beginning Cash Position 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.

Velocity Energy Beginning Cash Position Chart

Velocity Energy Annual Data
Trend Dec05 Dec06 Dec07 Dec08
Beginning Cash Position
0.10 0.26 0.26 2.20

Velocity Energy Quarterly Data
Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09
Beginning Cash Position 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 1.15 0.38 6.62 0.19 -0.23

Velocity Energy Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of $-0.23 Mil mean?
Velocity Energy (VCYE) has a Beginning Cash Position of $-0.23 Mil as of Jun. 2009. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Velocity Energy and its competitors.
Is Velocity Energy's Beginning Cash Position too high?
Velocity Energy's current Beginning Cash Position is $-0.23 Mil.
How does Velocity Energy's Beginning Cash Position compare to TGC and EVEPQ?
Velocity Energy's Beginning Cash Position of $-0.23 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for an Oil & Gas company?
A good Beginning Cash Position depends on the Oil & Gas industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Velocity Energy and its competitors. Velocity Energy's current Beginning Cash Position is $-0.23 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Velocity Energy stock overvalued right now?
Velocity Energy (VCYE) has a current Beginning Cash Position of $-0.23 Mil. The current Beginning Cash Position is $-0.23 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Velocity Energy (VCYE), the current Beginning Cash Position is $-0.23 Mil as of Jun. 2009. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Velocity Energy Business Description

Industry EnergyOil & Gas
Address 523 North Sam Houston Parkway East, Suite 175, Houston, TX, USA, 77060
Velocity Energy Inc is an oil and gas exploration and production company. It is engaged in the acquisition, development, exploration and production of natural gas and oil.