Vertex Energy, Inc (VTNR) financial statements (2020 and earlier)

Company profile

Business Address 1331 GEMINI STREET
HOUSTON, TX 77058
State of Incorp. NV
Fiscal Year End December 31
SIC 2911 - Petroleum Refining (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments411216
Cash and cash equivalents411216
Restricted cash and investments   2  
Receivables1291111610
Inventory, net of allowances, customer advances and progress billings7864413
Inventory7864413
Prepaid expense 32311
Derivative instruments and hedges, assets 1    
Disposal group, including discontinued operation    11 
Costs in excess of billings   1
Other undisclosed current assets52   3
Total current assets:272420212334
Noncurrent Assets
Finance lease, right-of-use asset1
Operating lease, right-of-use asset36
Property, plant and equipment454749505356
Intangible assets, net (including goodwill)111314151723
Goodwill  0  5
Intangible assets, net (excluding goodwill)111314151719
Deferred costs    22
Deferred income tax assets0
Other noncurrent assets110100
Deferred tax assets, net00   
Other undisclosed noncurrent assets     18
Total noncurrent assets:9361646672100
TOTAL ASSETS:12184848795134
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:13121091322
Accounts payable89    
Accrued liabilities53    
Interest and dividends payable00010 
Other undisclosed accounts payable and accrued liabilities  1091322
Debt1112102041
Derivative instruments and hedges, liabilities0     
Deferred revenue and credits  00
Other undisclosed current liabilities 4532 
Total current liabilities:251717223563
Noncurrent Liabilities
Long-term debt and lease obligation431514262
Long-term debt, excluding current maturities121414262
Finance lease, liability1
Capital lease obligations0    
Operating lease, liability30
Liabilities, other than long-term debt 02424
Deferred tax liabilities, net    4
Business combination, contingent consideration, liability 00   
Derivative instruments and hedges, liabilities  242 
Other undisclosed noncurrent liabilities21   6
Total noncurrent liabilities:4516166712
Total liabilities:703333294275
Temporary equity, carrying amount282223 12 
Stockholders' equity
Stockholders' equity attributable to parent, including:222728414159
Preferred stock    00
Common stock000000
Additional paid in capital827568695347
Retained earnings (accumulated deficit)(59)(48)(40)(28)(12)12
Other undisclosed stockholders' equity attributable to parent0000  
Stockholders' equity attributable to noncontrolling interest1100  
Total stockholders' equity:232928414159
Other undisclosed liabilities and equity   17  
TOTAL LIABILITIES AND EQUITY:12184848795134

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues16318114598147259
Revenue, net14598147259
Cost of revenue(135)(151)(123)(82)(136)(244)
Gross profit:292922161115
Operating expenses(31)(29)(28)(26)(25)(33)
Other undisclosed operating income     8
Operating income (loss):(3)0(6)(10)(14)(10)
Nonoperating income (expense)(3)(2)(2)6(3)5
Investment income, nonoperating  (1)(1)1 
Other nonoperating income (expense)1000(0)0
Interest and debt expense(3)(3)(1)(1)(4)(3)
Other undisclosed income from continuing operations before equity method investments, income taxes331143
Loss from continuing operations before income taxes:(5)(2)(8)(4)(17)(6)
Income tax expense (benefit)  00(5)(0)
Net loss:(5)(2)(8)(4)(23)(6)
Net income (loss) attributable to noncontrolling interest0(0)(0)(0) 0
Net loss attributable to parent:(5)(2)(8)(4)(23)(6)
Preferred stock dividends and other adjustments(4)(6)(3)(12)(2) 
Other undisclosed net loss available to common stockholders, basic(2)     
Net loss available to common stockholders, diluted:(11)(8)(12)(16)(24)(6)

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net loss:(5)(2)(8)(4)(23)(6)
Comprehensive loss:(5)(2)(8)(4)(23)(6)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest0(0)(0)(0) (0)
Comprehensive loss, net of tax, attributable to parent:(5)(2)(8)(4)(23)(6)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: