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

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What is Velocity Energy Total Stockholders Equity?

Velocity Energy's Total Stockholders Equity for the quarter that ended in Jun. 2009 was $-5.88 Mil. It refers to the net assets owned by shareholders. It does not include minority interest.

Total Stockholders Equity is used to calculate Book Value per Share. Velocity Energy's Book Value per Share for the quarter that ended in Jun. 2009 was $-0.22. The ratio of a company's debt over equity can be used to measure how leveraged this company is. Velocity Energy's Debt-to-Equity for the quarter that ended in Jun. 2009 was -1.98.

Velocity Energy Total Stockholders Equity Historical Data

The historical data trend for Velocity Energy's Total Stockholders 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.

* Premium members only.

Velocity Energy Total Stockholders Equity Chart

Velocity Energy Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Total Stockholders 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 Stockholders Equity	Get a 7-Day Free Trial										2.65	1.98	-0.26	-4.15	-5.88

Velocity Energy (OTCPK:VCYE) Total Stockholders Equity Explanation

1. Total Stockholders Equity is used to calculate Book Value per Share.

Velocity Energy's Book Value per Share for the quarter that ended in Jun. 2009 is

Book Value per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(-5.875	-	0)	/	26.3474
	=	-0.22

2. The ratio of a company's debt over equity can be used to measure how leveraged this company is.

Velocity Energy's Debt-to-Equity for the quarter that ended in Jun. 2009 is

Debt-to-Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(11.635	+	0)	/	-5.875
	=	-1.98

Velocity Energy Total Stockholders Equity Related Terms

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Velocity Energy (Velocity Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Velocity Energy Inc. (OTCPK:VCYE) » Definitions » Total Stockholders Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

523 North Sam Houston Parkway East, Suite 175, Houston, TX, USA, 77060

Website

http://www.velocity-energy.com

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.

Executives

Michael J Pawelek	director, officer: President and CEO	300 EAST SONTERRA BLVD. STE 1220 SAN ANTONIO TX 78258
Peter Benz	10 percent owner	171 MADISON AVE., 17 FL.,, NEW YORK NY 10016
Longview Fund Lp	10 percent owner	VIKING ASSET MANAGEMENT LLC, 66 BOVET ROAD, SUITE 320, SAN MATEO, CA 94402
Howard J Taylor	director, 10 percent owner, officer: CEO	STE. 194 48 PAR LA VILLE RD HAMILTON D0 HM11

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