GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Vermilion Energy Inc (NYSE:VET) » Definitions » Liabilities-to-Assets

Vermilion Energy (Vermilion Energy) Liabilities-to-Assets : 0.51 (As of Dec. 2023)


View and export this data going back to 2009. Start your Free Trial

What is Vermilion Energy Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Vermilion Energy's Total Liabilities for the quarter that ended in Dec. 2023 was $2,388 Mil. Vermilion Energy's Total Assets for the quarter that ended in Dec. 2023 was $4,648 Mil. Therefore, Vermilion Energy's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.51.


Vermilion Energy Liabilities-to-Assets Historical Data

The historical data trend for Vermilion Energy's Liabilities-to-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.

Vermilion Energy Liabilities-to-Assets Chart

Vermilion Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.78 0.65 0.51 0.51

Vermilion Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Liabilities-to-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 0.51 0.48 0.47 0.46 0.51

Competitive Comparison of Vermilion Energy's Liabilities-to-Assets

For the Oil & Gas E&P subindustry, Vermilion Energy's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-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.


Vermilion Energy's Liabilities-to-Assets Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Vermilion Energy's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Vermilion Energy's Liabilities-to-Assets falls into.



Vermilion Energy Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Vermilion Energy's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=2388.322/4648.048
=0.51

Vermilion Energy's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=2388.322/4648.048
=0.51

* 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.


Vermilion Energy  (NYSE:VET) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Vermilion Energy Liabilities-to-Assets Related Terms

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


Vermilion Energy (Vermilion Energy) Business Description

Traded in Other Exchanges
Address
520 - 3rd Avenue SW, Suite 3500, Calgary, AB, CAN, T2P 0R3
Vermilion Energy Inc is an international oil and gas-producing company. It engages in full-cycle exploration and production programs that focus on the acquisition, exploration, development, and optimization of producing properties in North America, Europe, and Australia. The majority of Vermilion's revenue has derived from the production and sale of petroleum and natural gas. In each market, the company relies on a host of drilling and well-completion techniques to keep production at attractive levels. It derives a majority of its revenue from Canada.