Vertex Energy (STU:5VE) Debt-to-Asset : 0.40 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Vertex Energy Debt-to-Asset?

Vertex Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €26 Mil. Vertex Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €283 Mil. Vertex Energy's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was €768 Mil. Vertex Energy's debt to asset for the quarter that ended in Mar. 2024 was 0.40.

Vertex Energy Debt-to-Asset Historical Data

The historical data trend for Vertex 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.

* Premium members only.

Vertex Energy Debt-to-Asset Chart

Vertex Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

Get a 7-Day Free Trial

0.45

0.15

0.38

0.41

Vertex Energy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial															0.37	0.36	0.34	0.41	0.40

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

For the Oil & Gas Refining & Marketing subindustry, Vertex 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.

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

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

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

Vertex Energy Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Vertex 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
	=	(35.848	+	285.509)	/	783.69
	=	0.41

Vertex 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
	=	(26.038	+	283.078)	/	768.249
	=	0.40

Vertex Energy (STU:5VE) 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.

Vertex Energy Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Vertex Energy's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Vertex Energy (STU:5VE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Vertex Energy Inc (STU:5VE) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

VTNR:USA VTNR:Mexico

Address

1331 Gemini Street, Suite 250, Houston, TX, USA, 77058

Website

https://www.vertexenergy.com

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.

Vertex Energy (STU:5VE) Headlines

No Headlines