Velocity Energy Inc
Velocity Energy Inc., an independent energy company, engages in the acquisition, exploration, development, and production of oil and natural gas. The company's operations are located in Matagorda Bay, Calhoun County, Texas. It also focuses on the exploration of oil and natural gas in the Appalachian Basin. Velocity Energy Inc. was formerly known as Sonterra Resources, Inc. and changed its name to… Read more
Velocity Energy Inc (VCYE) - Total Liabilities
Latest total liabilities as of March 2011: $14.11 Million USD
Based on the latest financial reports, Velocity Energy Inc (VCYE) has total liabilities worth $14.11 Million USD as of March 2011.
Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.
Velocity Energy Inc - Total Liabilities Trend (2005–2010)
This chart illustrates how Velocity Energy Inc's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Velocity Energy Inc Competitors by Total Liabilities
The table below lists competitors of Velocity Energy Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Enable IPC Corporation
OTCGREY:EIPC
|
USA | $1.59 Million |
|
For The Earth Corp
PINK:FTEG
|
USA | $13.83 Million |
|
Great American Financial Corporation
PINK:GAFL
|
USA | $2.38 Million |
|
Patient Portal Technologies Inc
PINK:PPRG
|
USA | $5.65 Million |
|
Urologix Inc
PINK:ULGX
|
USA | $13.09 Million |
|
Interplay Entertainment Corp
PINK:IPLY
|
USA | $3.42 Million |
|
MabCure Inc
PINK:MBCI
|
USA | $935.15K |
|
Pacific Conquest Holdings Inc
PINK:PCHK
|
USA | $31.66K |
Liability Composition Analysis (2005–2010)
This chart breaks down Velocity Energy Inc's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.02 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | -1.14 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 8.25 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Velocity Energy Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Velocity Energy Inc (2005–2010)
The table below shows the annual total liabilities of Velocity Energy Inc from 2005 to 2010.
| Year | Total Liabilities | Change |
|---|---|---|
| 2010-12-31 | $13.49 Million | -18.96% |
| 2009-12-31 | $16.65 Million | +30.80% |
| 2008-12-31 | $12.73 Million | +2384.97% |
| 2007-12-31 | $512.23K | +177.42% |
| 2006-12-31 | $184.64K | -47.13% |
| 2005-12-31 | $349.24K | -- |