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) - Total Assets
Latest total assets as of June 2024: $772.37 Million USD
Based on the latest financial reports, Vertex Energy Inc (VTNR) holds total assets worth $772.37 Million USD as of June 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Vertex Energy Inc - Total Assets Trend (1996–2023)
This chart illustrates how Vertex Energy Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Vertex Energy Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
Vertex Energy Inc's total assets of $772.37 Million consist of 41.2% current assets and 58.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 9.4% |
| Accounts Receivable | $36.16 Million | 4.2% |
| Inventory | $182.12 Million | 21.3% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $11.54 Million | 1.4% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1996–2023)
This chart illustrates how Vertex Energy Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Vertex Energy Inc's current assets represent 41.2% of total assets in 2023, a decrease from 71.2% in 1996.
- Cash Position: Cash and equivalents constituted 9.4% of total assets in 2023, up from 3.9% in 1996.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 1996.
- Asset Diversification: The largest asset category is inventory at 21.3% of total assets.
Vertex Energy Inc Competitors by Total Assets
Key competitors of Vertex Energy Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shandong Shengli Co Ltd
SHE:000407
|
China | CN¥6.05 Billion |
|
Sinopec Shandong Taishan Petroleum Co Ltd
SHE:000554
|
China | CN¥1.77 Billion |
|
Jiangsu Gaoke Petrochemical Co
SHE:002778
|
China | CN¥905.01 Million |
|
Hankook Shell Oil
KO:002960
|
Korea | ₩188.72 Billion |
|
Mi Chang Oil
KO:003650
|
Korea | ₩512.60 Billion |
|
SK Discovery Co Ltd
KO:006125
|
Korea | ₩15.44 Trillion |
|
S-Oil Corp
KO:010950
|
Korea | ₩24.99 Trillion |
|
The LEADCORP Inc
KQ:012700
|
Korea | ₩1.05 Trillion |
Vertex Energy Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Vertex Energy Inc generates 3.72x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Vertex Energy Inc is currently not profitable relative to its asset base.
Vertex Energy Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.56 | 1.09 | 0.96 |
| Quick Ratio | 0.30 | 0.46 | 0.74 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-218.23 Million | $ 31.11 Million | $ -923.12K |
Vertex Energy Inc - Advanced Valuation Insights
This section examines the relationship between Vertex Energy Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.05 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 24.0% |
| Total Assets | $854.62 Million |
| Market Capitalization | $4.87 Million USD |
Valuation Analysis
Below Book Valuation: The market values Vertex Energy Inc's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Vertex Energy Inc's assets grew by 24.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Vertex Energy Inc (1996–2023)
The table below shows the annual total assets of Vertex Energy Inc from 1996 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $854.62 Million | +23.97% |
| 2022-12-31 | $689.38 Million | +159.11% |
| 2021-12-31 | $266.06 Million | +117.90% |
| 2020-12-31 | $122.10 Million | +1.11% |
| 2019-12-31 | $120.76 Million | +43.49% |
| 2018-12-31 | $84.16 Million | -0.17% |
| 2017-12-31 | $84.31 Million | -3.08% |
| 2016-12-31 | $86.99 Million | -8.76% |
| 2015-12-31 | $95.34 Million | -28.76% |
| 2014-12-31 | $133.82 Million | +107.33% |
| 2013-12-31 | $64.55 Million | +31.45% |
| 2012-12-31 | $49.10 Million | +193.43% |
| 2011-12-31 | $16.73 Million | +105.59% |
| 2010-12-31 | $8.14 Million | +7.83% |
| 2009-12-31 | $7.55 Million | -1.19% |
| 2008-12-31 | $7.64 Million | -32.38% |
| 2007-12-31 | $11.30 Million | -54.97% |
| 2006-12-31 | $25.09 Million | +19.58% |
| 2005-12-31 | $20.98 Million | +209.16% |
| 2004-12-31 | $6.79 Million | +678547.70% |
| 2003-12-31 | $1.00K | 0.00% |
| 2002-12-31 | $1.00K | -98.68% |
| 2001-12-31 | $76.00K | -3.80% |
| 2000-12-31 | $79.00K | -73.67% |
| 1999-12-31 | $300.00K | -67.01% |
| 1998-12-31 | $909.23K | -19.69% |
| 1997-12-31 | $1.13 Million | -80.40% |
| 1996-12-31 | $5.78 Million | -- |