VCYE (Velocity Energy) Total Equity: $-5.88 Mil (As of Jun. 2009)


What is Velocity Energy Total Equity?

Velocity Energy VCYE Total Equity is $-5.88 Mil as of Jun. 2009.

Velocity Energy's total equity for the quarter that ended in Jun. 2009 was $-5.88 Mil.

This is Residual interest, including minority interest, that remains in the assets of the enterprise after deducting its liabilities. Equity is increased by owners’ investments and by comprehensive income, and it is reduced by distributions to the owners.

Velocity Energy Total Equity Historical Data

* Premium members only.

The historical data trend for Velocity Energy's Total Equity 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 Total Equity Chart

Velocity Energy Annual Data
Trend Dec05 Dec06 Dec07 Dec08
Total Equity
-0.09 0.08 -1.20 -0.26

Velocity Energy Quarterly Data
Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09
Total Equity 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 2.65 1.98 -0.26 -4.15 -5.88

Velocity Energy Total Equity Calculation

Total Equity and Total Liabilities are the two components for Total Assets.

Velocity Energy's Total Equity for the fiscal year that ended in Dec. 2008 is calculated as

Total Equity=Total Assets(Q: Dec. 2008 )-Total Liabilities(Q: Dec. 2008 )
=12.466-12.729
=-0.26

Velocity Energy's Total Equity for the quarter that ended in Jun. 2009 is calculated as

Total Equity=Total Assets(Q: Jun. 2009 )-Total Liabilities(Q: Jun. 2009 )
=8.272-14.148
=-5.88

* 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.

Frequently Asked Questions Learn more about Total Equity →
What does a Total Equity of $-5.88 Mil mean?
Velocity Energy (VCYE) has a Total Equity of $-5.88 Mil as of Jun. 2009. The total amount of equity as record on a company's balance sheet. View historical data for Velocity Energy and its competitors.
Is Velocity Energy's Total Equity too high?
Velocity Energy's current Total Equity is $-5.88 Mil.
How does Velocity Energy's Total Equity compare to TGC and EVEPQ?
Velocity Energy's Total Equity of $-5.88 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 Total Equity for an Oil & Gas company?
A good Total Equity depends on the Oil & Gas industry context. However, Total Equity 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 Total Equity mean?
A high Total Equity can signal that a stock is expensive relative to its fundamentals. The total amount of equity as record on a company's balance sheet. View historical data for Velocity Energy and its competitors. Velocity Energy's current Total Equity is $-5.88 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 Total Equity of $-5.88 Mil. The current Total Equity is $-5.88 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Equity calculated?
Total Equity is calculated from a company's financial statements. For Velocity Energy (VCYE), the current Total Equity is $-5.88 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.