VCYE (Velocity Energy) Total Liabilities: $14.15 Mil (As of Jun. 2009)


What is Velocity Energy Total Liabilities?

Velocity Energy VCYE Total Liabilities is $14.15 Mil as of Jun. 2009.

Velocity Energy's Total Liabilities for the quarter that ended in Jun. 2009 was $14.15 Mil.

Velocity Energy's quarterly Total Liabilities increased from Dec. 2008 ($12.73 Mil) to Mar. 2009 ($13.53 Mil) and increased from Mar. 2009 ($13.53 Mil) to Jun. 2009 ($14.15 Mil).

Velocity Energy's annual Total Liabilities increased from Dec. 2006 ($0.19 Mil) to Dec. 2007 ($12.59 Mil) and increased from Dec. 2007 ($12.59 Mil) to Dec. 2008 ($12.73 Mil).

Velocity Energy Total Liabilities Historical Data

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

Velocity Energy Annual Data
Trend Dec05 Dec06 Dec07 Dec08
Total Liabilities
0.35 0.19 12.59 12.73

Velocity Energy Quarterly Data
Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09
Total Liabilities 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 3.87 4.20 12.73 13.53 14.15

Velocity Energy Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

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

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=3.501+(9.099+0.129
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=12.73

Total Liabilities=Total Assets (A: Dec. 2008 )-Total Equity (A: Dec. 2008 )
=12.466--0.263
=12.73

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

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=14.017+(0+0.131
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=14.15

Total Liabilities=Total Assets (Q: Jun. 2009 )-Total Equity (Q: Jun. 2009 )
=8.272--5.875
=14.15

* 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 Liabilities →
What does a Total Liabilities of $14.15 Mil mean?
Velocity Energy (VCYE) has a Total Liabilities of $14.15 Mil as of Jun. 2009. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Velocity Energy and its competitors.
Is Velocity Energy's Total Liabilities too high?
Velocity Energy's current Total Liabilities is $14.15 Mil.
How does Velocity Energy's Total Liabilities compare to TGC and EVEPQ?
Velocity Energy's Total Liabilities of $14.15 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 Liabilities for an Oil & Gas company?
A good Total Liabilities depends on the Oil & Gas industry context. However, Total Liabilities 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 Liabilities mean?
A high Total Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Velocity Energy and its competitors. Velocity Energy's current Total Liabilities is $14.15 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 Liabilities of $14.15 Mil. The current Total Liabilities is $14.15 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Liabilities calculated?
Total Liabilities is calculated from a company's financial statements. For Velocity Energy (VCYE), the current Total Liabilities is $14.15 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.