Vertex Energy (STU:5VE) Interest Expense : €-115 Mil (TTM As of Mar. 2024)

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

What is Vertex Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vertex Energy's interest expense for the three months ended in Mar. 2024 was € -16 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-115 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Vertex Energy's Operating Income for the three months ended in Mar. 2024 was € -5 Mil. Vertex Energy's Interest Expense for the three months ended in Mar. 2024 was € -16 Mil. Vertex Energy did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Vertex Energy Interest Expense Historical Data

The historical data trend for Vertex Energy's Interest Expense 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 Interest Expense Chart

Vertex Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-0.49

-0.81

-3.39

-75.44

-109.64

Vertex Energy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-11.65	-71.57	-12.67	-14.70	-16.27

Vertex Energy Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-115 Mil.

Vertex Energy (STU:5VE) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Vertex Energy's Interest Expense for the three months ended in Mar. 2024 was €-16 Mil. Its Operating Income for the three months ended in Mar. 2024 was €-5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €283 Mil.

Vertex Energy's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Vertex Energy did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

Vertex Energy (STU:5VE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Vertex Energy Inc (STU:5VE) » Definitions » Interest Expense

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