Vitesse Energy Inc
Vitesse Energy, Inc., together with its subsidiaries, engages in the acquisition, development, and production of non-operated oil and natural gas properties in the United States. The company acquires and owns non-operated working interest and royalty interest ownership in the Williston Basin properties covering 47,840 net acres located in North Dakota and Montana. It also owns non-operated intere… Read more
Vitesse Energy Inc (VTS) - Total Assets
Latest total assets as of September 2025: $932.92 Million USD
Based on the latest financial reports, Vitesse Energy Inc (VTS) holds total assets worth $932.92 Million USD as of September 2025.
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.
Vitesse Energy Inc - Total Assets Trend (2020–2024)
This chart illustrates how Vitesse Energy Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Vitesse Energy Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Vitesse Energy Inc's total assets of $932.92 Million consist of 6.3% current assets and 93.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.4% |
| Accounts Receivable | $39.79 Million | 4.9% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $756.56 Million | 93.3% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2020–2024)
This chart illustrates how Vitesse 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: Vitesse Energy Inc's current assets represent 6.3% of total assets in 2024, an increase from 4.7% in 2020.
- Cash Position: Cash and equivalents constituted 0.4% of total assets in 2024, up from 0.3% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is property, plant & equipment at 93.3% of total assets.
Vitesse Energy Inc Competitors by Total Assets
Key competitors of Vitesse Energy Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Jadestone Energy Inc
LSE:JSE
|
UK | GBX1.12 Billion |
|
Gear Energy Ltd
OTCQX:GENGF
|
USA | $339.27 Million |
|
Arrow Exploration Corp
PINK:CSTPF
|
USA | $93.68 Million |
|
IPB Petroleum Ltd
AU:IPB
|
Australia | AU$3.63 Million |
|
James Bay Resources Limited
PINK:JMBRF
|
USA | $176.62K |
|
Shanxi Blue Flame Holding Co Ltd
SHE:000968
|
China | CN¥11.13 Billion |
|
Oriental Energy Co Ltd
SHE:002221
|
China | CN¥40.74 Billion |
|
Panoro Energy ASA
F:1PZ
|
Germany | €674.69 Million |
Vitesse 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
Lower asset utilization - Vitesse Energy Inc generates 0.30x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Vitesse Energy Inc generates $ 2.60 in net profit.
Vitesse 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 | 0.85 | 0.75 | 1.13 |
| Quick Ratio | 0.85 | 1.25 | 1.13 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-9.74 Million | $ -18.41 Million | $ 4.22 Million |
Vitesse Energy Inc - Advanced Valuation Insights
This section examines the relationship between Vitesse 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 | 1.30 |
| Latest Market Cap to Assets Ratio | 0.67 |
| Asset Growth Rate (YoY) | 5.9% |
| Total Assets | $810.89 Million |
| Market Capitalization | $545.82 Million USD |
Valuation Analysis
Below Book Valuation: The market values Vitesse Energy Inc's assets below their book value (0.67 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Vitesse Energy Inc's assets grew by 5.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Vitesse Energy Inc (2020–2024)
The table below shows the annual total assets of Vitesse Energy Inc from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $810.89 Million | +5.86% |
| 2023-12-31 | $765.97 Million | +15.97% |
| 2022-12-31 | $660.48 Million | +8.01% |
| 2021-12-31 | $611.53 Million | -2.49% |
| 2020-12-31 | $627.13 Million | -- |