VCYE (Velocity Energy) Short-Term Debt: $11.64 Mil (As of Jun. 2009)

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What is Velocity Energy Short-Term Debt?

Velocity Energy VCYE Short-Term Debt is $11.64 Mil as of Jun. 2009.

Velocity Energy's Short-Term Debt for the quarter that ended in Jun. 2009 was $11.64 Mil.

Velocity Energy's quarterly Short-Term Debt stayed the same from Dec. 2008 ($1.74 Mil) to Mar. 2009 ($1.74 Mil) but then increased from Mar. 2009 ($1.74 Mil) to Jun. 2009 ($11.64 Mil).

Velocity Energy's annual Short-Term Debt stayed the same from Dec. 2006 ($0.00 Mil) to Dec. 2007 ($0.00 Mil) but then increased from Dec. 2007 ($0.00 Mil) to Dec. 2008 ($1.74 Mil).

Velocity Energy Short-Term Debt Explanation

Short-Term Debt represents the total amount of Long-Term Debt such as bank loans and commercial paper, which is due within one year.

Velocity Energy Short-Term Debt Related Terms

Velocity Energy Short-Term Debt Historical Data

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The historical data trend for Velocity Energy's Short-Term Debt 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 Short-Term Debt Chart

Velocity Energy Annual Data
Trend Dec05 Dec06 Dec07 Dec08
Short-Term Debt
0.19 0.00 0.00 1.74

Velocity Energy Quarterly Data
Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09
Short-Term Debt 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 0.00 0.00 1.74 1.74 11.64
Frequently Asked Questions Learn more about Short-Term Debt →
What does a Short-Term Debt of $11.64 Mil mean?
Velocity Energy (VCYE) has a Short-Term Debt of $11.64 Mil as of Jun. 2009.
Is Velocity Energy's Short-Term Debt too high?
Velocity Energy's current Short-Term Debt is $11.64 Mil.
How does Velocity Energy's Short-Term Debt compare to TGC and EVEPQ?
Velocity Energy's Short-Term Debt of $11.64 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 Short-Term Debt for an Oil & Gas company?
A good Short-Term Debt depends on the Oil & Gas industry context. However, Short-Term Debt 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 Short-Term Debt mean?
A high Short-Term Debt can signal that a stock is expensive relative to its fundamentals. Velocity Energy's current Short-Term Debt is $11.64 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 Short-Term Debt of $11.64 Mil. The current Short-Term Debt is $11.64 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Short-Term Debt calculated?
Short-Term Debt is calculated from a company's financial statements. For Velocity Energy (VCYE), the current Short-Term Debt is $11.64 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.