Vertex Energy Inc
Vertex Energy, Inc., an energy transition company, that focuses on the production and distribution of conventional and alternative fuels. The company engages in refining and distributing petroleum products comprising the mobile refinery and related operations. It sells ferrous and non-ferrous recyclable metal products, and markets Group III base oils and other petroleum-based products, as well as… Read more
Vertex Energy Inc (VTNR) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: 0.067x
Based on the latest financial reports, Vertex Energy Inc (VTNR) has a cash flow conversion efficiency ratio of 0.067x as of June 2024.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($8.70 Million) by net assets ($129.55 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Vertex Energy Inc - Cash Flow Conversion Efficiency Trend (1996–2023)
This chart illustrates how Vertex Energy Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Vertex Energy Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Vertex Energy Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Plasson Indus
TA:PLSN
|
0.068x |
|
CJ Century Logistics Holdings Bhd
KLSE:7117
|
0.091x |
|
Intellipharmaceutics International Inc
OTCQB:IPCIF
|
-0.019x |
|
MILA RESOUR. PLC LS-01
F:HN0
|
N/A |
|
Euromedis Groupe SA
PA:ALEMG
|
0.048x |
|
KT Medical Service PCL
BK:KTMS
|
0.030x |
|
Nawi Brothers Group Ltd
TA:NAWI
|
-0.714x |
|
Solstice Gold Corp
PINK:SGCPF
|
2.140x |
Annual Cash Flow Conversion Efficiency for Vertex Energy Inc (1996–2023)
The table below shows the annual cash flow conversion efficiency of Vertex Energy Inc from 1996 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $201.76 Million | $-58.63 Million | -0.291x | -167.89% |
| 2022-12-31 | $165.42 Million | $70.81 Million | 0.428x | +302.76% |
| 2021-12-31 | $73.51 Million | $-15.52 Million | -0.211x | -16836.85% |
| 2020-12-31 | $61.29 Million | $-76.40K | -0.001x | -102.58% |
| 2019-12-31 | $51.25 Million | $2.47 Million | 0.048x | -54.23% |
| 2018-12-31 | $50.99 Million | $5.38 Million | 0.105x | +282.70% |
| 2017-12-31 | $51.34 Million | $-2.96 Million | -0.058x | +76.21% |
| 2016-12-31 | $58.32 Million | $-14.15 Million | -0.243x | -145.46% |
| 2015-12-31 | $52.89 Million | $-5.23 Million | -0.099x | -279.73% |
| 2014-12-31 | $58.62 Million | $-1.53 Million | -0.026x | -122.71% |
| 2013-12-31 | $38.34 Million | $4.39 Million | 0.115x | -22.09% |
| 2012-12-31 | $20.40 Million | $3.00 Million | 0.147x | +2037.73% |
| 2011-12-31 | $9.34 Million | $-70.87K | -0.008x | -102.49% |
| 2010-12-31 | $2.54 Million | $774.98K | 0.305x | -51.85% |
| 2009-12-31 | $1.13 Million | $713.68K | 0.634x | +421.71% |
| 2008-12-31 | $-25.74 Million | $-3.13 Million | 0.122x | -64.37% |
| 2007-12-31 | $-12.36 Million | $-4.21 Million | 0.341x | +160.77% |
| 2006-12-31 | $9.57 Million | $-5.37 Million | -0.561x | -19.63% |
| 2005-12-31 | $6.63 Million | $-3.11 Million | -0.469x | -277.04% |
| 2004-12-31 | $5.01 Million | $-623.80K | -0.124x | -113.13% |
| 2003-12-31 | $-19.00K | $-18.00K | 0.947x | -83.76% |
| 2002-12-31 | $-6.00K | $-35.00K | 5.833x | +7857.99% |
| 2000-12-31 | $-1.68 Million | $-123.00K | 0.073x | +195.29% |
| 1999-12-31 | $-1.30 Million | $100.00K | -0.077x | -110.06% |
| 1998-12-31 | $-496.92K | $-380.12K | 0.765x | -18.47% |
| 1997-12-31 | $-2.48 Million | $-2.33 Million | 0.938x | -67.04% |
| 1996-12-31 | $576.67K | $1.64 Million | 2.847x | -- |