Vitesse Energy (MEX:VTS) Debt-to-Asset : 0.14 (As of Mar. 2024)

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What is Vitesse Energy Debt-to-Asset?

Vitesse Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was MXN51 Mil. Vitesse Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was MXN1,626 Mil. Vitesse Energy's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was MXN12,443 Mil. Vitesse Energy's debt to asset for the quarter that ended in Mar. 2024 was 0.13.

Vitesse Energy Debt-to-Asset Historical Data

The historical data trend for Vitesse Energy's Debt-to-Asset 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.

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Vitesse Energy Debt-to-Asset Chart

Vitesse Energy Annual Data

Trend

Nov19

Nov20

Nov21

Dec22

Dec23

Debt-to-Asset

0.16

0.11

0.08

0.11

Vitesse Energy Quarterly Data
	Nov19	Nov20	Aug21	Nov21	Aug22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial						0.07	0.06	0.08	0.11	0.14

Competitive Comparison of Vitesse Energy's Debt-to-Asset

For the Oil & Gas E&P subindustry, Vitesse Energy's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Vitesse Energy's Debt-to-Asset Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Vitesse Energy's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Vitesse Energy's Debt-to-Asset falls into.

Vitesse Energy Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Vitesse Energy's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(55.302	+	1374.914)	/	13001.765
	=	0.11

Vitesse Energy's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(51.15	+	1626.433)	/	12442.727
	=	0.13

Vitesse Energy (MEX:VTS) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Vitesse Energy Debt-to-Asset Related Terms

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Vitesse Energy (MEX:VTS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Vitesse Energy Inc (MEX:VTS) » Definitions » Debt-to-Asset

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Traded in Other Exchanges

VTS:USA

Address

9200 E. Mineral Avenue, Suite 200, Centennial, CO, USA, 80112

Website

https://www.vitesse-vts.com

Vitesse Energy Inc is an independent energy company engaged in the acquisition, development, and production of non-operated oil and natural gas properties in the United States that are generally operated by oil companies and are in the Bakken and Three Forks formations in the Williston Basin of North Dakota and Montana. The company also have properties in the Central Rockies, including the Denver-Julesburg Basin and the Powder River Basin.