Vertex Energy Inc. financial data

Location
1331 Gemini Street, Suite 250, Houston, TX
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Aug 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 90.3 % -33.7%
Quick Ratio 48 % -24%
Debt-to-equity 339 % +11.4%
Return On Equity -59.6 % -384%
Return On Assets -13.8 % -368%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 93.5M shares +0.24%
Common Stock, Shares, Outstanding 93.5M shares +0.3%
Common Stock, Value, Issued 94K USD +1.08%
Weighted Average Number of Shares Outstanding, Basic 93.5M shares +17.6%
Weighted Average Number of Shares Outstanding, Diluted 93.5M shares +17.6%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 3.2B USD +2.66%
Operating Income (Loss) -52.2M USD -201%
Nonoperating Income (Expense) -50.1M USD +52.3%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -102M USD -92%
Income Tax Expense (Benefit) 14.3M USD
Net Income (Loss) Attributable to Parent -115M USD -395%
Earnings Per Share, Basic -1 USD/shares -291%
Earnings Per Share, Diluted -1 USD/shares -298%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 18.8M USD -61.3%
Accounts Receivable, after Allowance for Credit Loss, Current 80.5M USD +57.9%
Inventory, Net 126M USD -41.4%
Other Assets, Current 9.09M USD +47.2%
Assets, Current 276M USD -25.7%
Property, Plant and Equipment, Net 343M USD +15.2%
Operating Lease, Right-of-Use Asset 76.4M USD -17.4%
Other Assets, Noncurrent 4.04M USD +21.2%
Assets 772M USD -9.69%
Accounts Payable, Current 36.5M USD -11.8%
Employee-related Liabilities, Current 5.91M USD +57.4%
Accrued Liabilities, Current 137M USD +56.4%
Contract with Customer, Liability, Current 60K USD
Liabilities, Current 495M USD +45.2%
Long-term Debt and Lease Obligation 14.5M USD -88.2%
Deferred Income Tax Liabilities, Net 2.78M USD
Operating Lease, Liability, Noncurrent 62.7M USD -6.3%
Other Liabilities, Noncurrent 1.38M USD 0%
Liabilities 643M USD +4.74%
Retained Earnings (Accumulated Deficit) -259M USD -80.5%
Stockholders' Equity Attributable to Parent 126M USD -47.3%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 130M USD -46.4%
Liabilities and Equity 772M USD -9.69%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Financing Activities 26.5M USD
Net Cash Provided by (Used in) Investing Activities -12.2M USD -191%
Common Stock, Shares Authorized 750M shares 0%
Common Stock, Shares, Issued 93.5M shares +0.3%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -14.8M USD +71%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 18.9M USD -63.8%
Interest Paid, Excluding Capitalized Interest, Operating Activities 4.81M USD -52.5%
Deferred Tax Assets, Valuation Allowance 18.1M USD +3484%
Operating Lease, Liability 75.2M USD -18.7%
Depreciation 28.9M USD +80.6%
Payments to Acquire Property, Plant, and Equipment 14.7M USD -80.1%
Lessee, Operating Lease, Liability, to be Paid 140M USD -17.2%
Property, Plant and Equipment, Gross 414M USD +20.9%
Operating Lease, Liability, Current 12.5M USD -51.1%
Lessee, Operating Lease, Liability, to be Paid, Year Two 14.9M USD -32.3%
Lessee, Operating Lease, Liability, to be Paid, Year One 20.9M USD -18.3%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 64.6M USD -15.5%
Lessee, Operating Lease, Liability, to be Paid, Year Three 14M USD +5.59%
Deferred Tax Assets, Operating Loss Carryforwards 33.2M USD +93.7%
Preferred Stock, Shares Authorized 50M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 10.5M USD -19.8%
Operating Lease, Payments 7.5M USD +144%
Additional Paid in Capital 384M USD +0.71%
Amortization of Intangible Assets 4.3M USD +2.38%
Depreciation, Depletion and Amortization 9.29M USD +73.5%
Deferred Tax Assets, Net of Valuation Allowance 97.7M USD +50.2%
Interest Expense 65M USD -44.9%