Filed for bankruptcy in Dec 2024
VTNR - Vertex Energy, Inc.
NASDAQ
->
Energy
->
Oil & Gas Refining & Marketing
Houston,
United States
Type: Equity
VTNR price evolution
VTNR
| (in millions $) | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $18.86 | $65.75 | $80.57 | $79.31 |
| Short term investments | ||||
| Net receivables | $80.53 | $41.56 | $36.16 | $36.82 |
| Inventory | $126.32 | $198.98 | $182.12 | $222.69 |
| Total current assets | $276.32 | $344.96 | $352.03 | $401.12 |
| Long term investments | ||||
| Property, plant & equipment | $482.23 | $475.27 | $487 | $477.04 |
| Goodwill & intangible assets | $9.77 | $10.79 | $11.54 | $11.21 |
| Total noncurrent assets | $496.05 | $490.09 | $502.59 | $491.56 |
| Total investments | ||||
| Total assets | $772.37 | $835.05 | $854.62 | $892.68 |
| Current liabilities | ||||
| Accounts payable | $36.48 | $69.8 | $75 | $63.63 |
| Deferred revenue | ||||
| Short long term debt | $321.03 | $197.96 | $180.19 | $229.15 |
| Total current liabilities | $494.56 | $336.99 | $328.83 | $362.1 |
| Long term debt | $142.15 | $307.69 | $311.35 | $256.13 |
| Total noncurrent liabilities | $148.26 | $315.1 | $325.41 | $268 |
| Total debt | $463.18 | $505.65 | $491.54 | $485.28 |
| Total liabilities | $642.82 | $652.09 | $654.24 | $630.09 |
| Shareholders' equity | ||||
| Retained earnings | -$258.89 | -$205.11 | -$187.38 | -$123.59 |
| Other shareholder equity | ||||
| Total shareholder equity | $125.7 | $179.04 | $196.35 | $259.36 |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $80.57 | $146.19 | $136.63 | $11 |
| Short term investments | ||||
| Net receivables | $36.16 | $34.55 | $5.3 | $11.14 |
| Inventory | $182.12 | $135.47 | $3.74 | $4.44 |
| Total current assets | $352.03 | $373.43 | $234.15 | $29.79 |
| Long term investments | ||||
| Property, plant & equipment | $487 | $299.39 | $16.78 | $81.29 |
| Goodwill & intangible assets | $11.54 | $11.83 | $0.36 | $9.4 |
| Total noncurrent assets | $502.59 | $315.96 | $31.91 | $92.31 |
| Total investments | ||||
| Total assets | $854.62 | $689.38 | $266.06 | $122.1 |
| Current liabilities | ||||
| Accounts payable | $75 | $21 | $4.22 | $10.48 |
| Deferred revenue | ||||
| Short long term debt | $180.19 | $142.22 | $3.68 | $10.61 |
| Total current liabilities | $328.83 | $248.6 | $49.15 | $23.85 |
| Long term debt | $311.35 | $215.17 | $68.18 | $36.63 |
| Total noncurrent liabilities | $325.41 | $275.37 | $143.39 | $36.96 |
| Total debt | $491.54 | $401.94 | $71.86 | $47.24 |
| Total liabilities | $654.24 | $525.65 | $192.55 | $60.81 |
| Shareholders' equity | ||||
| Retained earnings | -$187.38 | -$115.89 | -$110.61 | -$90.01 |
| Other shareholder equity | $1.32 | |||
| Total shareholder equity | $196.35 | $163.74 | $28.07 | $4.61 |
| (in millions $) | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $750.06 | $695.33 | $732.75 | $1018.41 |
| Cost of revenue | $749.82 | $660.22 | $739.61 | $933.44 |
| Gross Profit | $0.25 | $35.11 | -$6.86 | $84.97 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $37.44 | $39.78 | $40.92 | $43.14 |
| Total operating expenses | $38.57 | $40.89 | $41.99 | $44.17 |
| Operating income | -$38.32 | -$5.78 | -$48.86 | $40.8 |
| Income from continuing operations | ||||
| EBIT | -$36.05 | -$0.05 | -$45.7 | $45.6 |
| Income tax expense | $2.06 | $12.23 | ||
| Interest expense | $17.73 | $17.68 | $16.03 | $13.52 |
| Net income | ||||
| Net income | -$53.77 | -$17.73 | -$63.79 | $19.84 |
| Income (for common shares) | -$53.77 | -$17.73 | -$63.79 | $19.84 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $3177.19 | $2791.72 | $115.78 | $135.03 |
| Cost of revenue | $3033.01 | $2611.7 | $111.21 | $118.86 |
| Gross Profit | $144.17 | $180.01 | $4.57 | $16.17 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $168.64 | $127.78 | $17.73 | $26.14 |
| Total operating expenses | $172.79 | $131.46 | $19.96 | $28.04 |
| Operating income | -$28.61 | $48.55 | -$15.39 | -$11.87 |
| Income from continuing operations | ||||
| EBIT | $34.7 | $67.92 | -$14.88 | -$10.99 |
| Income tax expense | -$13.38 | -$7.17 | ||
| Interest expense | $119.57 | $79.91 | $3.49 | $1.04 |
| Net income | ||||
| Net income | -$71.49 | -$4.82 | -$18.36 | -$12.04 |
| Income (for common shares) | -$71.49 | -$5.25 | -$20.61 | -$30.76 |
| (in millions $) | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 |
|---|---|---|---|---|
| Net income | -$53.77 | -$17.73 | -$63.79 | $19.84 |
| Operating activities | ||||
| Depreciation | $9.74 | $9.29 | $9.22 | $8.93 |
| Business acquisitions & disposals | -$0.13 | -$7.64 | ||
| Stock-based compensation | $0.43 | $0.43 | $0.78 | $0.77 |
| Total cash flows from operations | $8.7 | -$29.13 | $13.19 | $39.68 |
| Investing activities | ||||
| Capital expenditures | -$11.26 | -$12.15 | -$14.94 | -$23.25 |
| Investments | ||||
| Total cash flows from investing | -$11.26 | -$12.15 | -$12.57 | -$30.9 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | $0.3 | |||
| Net borrowings | -$44.33 | $26.45 | -$0.24 | $17.59 |
| Total cash flows from financing | -$44.33 | $26.45 | $0.64 | $18.39 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | -$46.89 | -$14.82 | $1.26 | $27.18 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | -$71.49 | -$4.82 | -$18.36 | -$12.04 |
| Operating activities | ||||
| Depreciation | $31.16 | $17.1 | $0.59 | $6.99 |
| Business acquisitions & disposals | $84.26 | -$226.97 | $0 | -$1.82 |
| Stock-based compensation | $2.29 | $1.57 | $0.86 | $0.66 |
| Total cash flows from operations | -$58.63 | $96.1 | $9.68 | -$0.08 |
| Investing activities | ||||
| Capital expenditures | -$143.53 | -$75.27 | -$14.73 | -$6.61 |
| Investments | ||||
| Total cash flows from investing | -$59.27 | -$306.9 | -$17.82 | -$8.43 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | $0.68 | $0.73 | $6.92 | |
| Net borrowings | $48.76 | $270.68 | $127.28 | -$5.69 |
| Total cash flows from financing | $52.29 | $220.36 | $133.77 | $15.31 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | -$65.61 | $9.56 | $125.63 | $6.8 |
News
Fundamentals
| Market cap | $6.16M |
|---|---|
| Enterprise value | $450.48M |
| Shares outstanding | 93.51M |
| Revenue | $3.20B |
|---|---|
| EBITDA | $979.00K |
| EBIT | -$36.20M |
| Net Income | -$115.45M |
| Revenue Q/Q | 2.06% |
| Revenue Y/Y | 2.70% |
| P/E ratio | -0.05 |
|---|---|
| EV/Sales | 0.14 |
| EV/EBITDA | 460.14 |
| EV/EBIT | -12.44 |
| P/S ratio | 0.00 |
| P/B ratio | 0.05 |
| Book/Share | 1.34 |
| Cash/Share | 0.20 |
| EPS | -$1.23 |
|---|---|
| ROA | -13.77% |
| ROE | -60.73% |
| Debt/Equity | 3.33 |
|---|---|
| Net debt/EBITDA | 637.34 |
| Current ratio | 0.56 |
| Quick ratio | 0.30 |