Vivakor (Vivakor) Debt-to-Equity : 1.94 (As of Dec. 2023)

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What is Vivakor Debt-to-Equity?

Vivakor's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $19.50 Mil. Vivakor's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $13.93 Mil. Vivakor's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $17.20 Mil. Vivakor's debt to equity for the quarter that ended in Dec. 2023 was 1.94.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Vivakor's Debt-to-Equity or its related term are showing as below:

VIVK' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.35 Med: 1.26 Max: 2.15
Current: 1.94

During the past 7 years, the highest Debt-to-Equity Ratio of Vivakor was 2.15. The lowest was 0.35. And the median was 1.26.

VIVK's Debt-to-Equity is ranked worse than
89.41% of 831 companies
in the Oil & Gas industry
Industry Median: 0.44 vs VIVK: 1.94

Vivakor Debt-to-Equity Historical Data

The historical data trend for Vivakor's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Vivakor Debt-to-Equity Chart

Vivakor Annual Data

Trend

Dec07

Dec08

Dec09

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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-1.84

0.35

0.58

2.15

1.94

Vivakor Quarterly Data
	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															2.15	2.60	2.85	2.95	1.94

Competitive Comparison of Vivakor's Debt-to-Equity

For the Oil & Gas Integrated subindustry, Vivakor's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Vivakor's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Vivakor's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Vivakor's Debt-to-Equity falls into.

Vivakor Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vivakor's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(19.504	+	13.926)	/	17.195
	=	1.94

Vivakor's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(19.504	+	13.926)	/	17.195
	=	1.94

Vivakor (NAS:VIVK) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Vivakor Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Vivakor's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Vivakor (Vivakor) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Vivakor Inc (NAS:VIVK) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

4101 North Thanksgiving Way, Lehi, UT, USA, 84043

Website

https://www.vivakor.com

Vivakor Inc is an operator, acquirer, and developer of clean energy technologies and environmental solutions, with a focus on soil remediation. The company remediates the soil and extracts hydrocarbons, such as oils, which are then used to produce asphaltic cement and petroleum-based products. Currently, the company is focusing on remediating oil spills resulting from the Iraqi invasion of Kuwait and naturally occurring oil sand deposits in the Unita basin of Eastern Utah.

Executives

David Natan	director	11190 BISCAYNE BLVD, MIAMI FL 33181
James H. Ballengee	10 percent owner	2009 CHENAULT DRIVE, SUITE 100, CARROLLTON TX 75006
Matthew Nicosia	director	2 PARK PLAZA, SUITE 400, IRVINE CA 92614
Al Ferrara	director	433 LAWNDALE DRIVE, SOUTH SALT LAKE CITY UT 84115
Trent Philip Staggs	director	2067 W. BAMBERGER DRIVE, RIVERTON UT 84065
Spence Joseph S Jr	director	C/O VIVAKOR, INC., 433 LAWNDALE DRIVE, SOUTH SALT LAKE CITY UT 84115
Tyler Robert Nelson	officer: Chief Financial Officer	C/O VIVAKOR, INC., 433 LAWNDALE AVENUE, SOUTH SALT LAKE CITY UT 84115
Francis Wen-hou Chen	director	1821 JONES STREET, SAN FRANCISCO CA 94109
Fritz Lin	director	2590 HOLIDAY ROAD, SUITE 100, CORALVILLE IA 52241
John Gryga	director	2590 HOLIDAY ROAD #100, CORALVILLE IA 52241
Tannin J Fuja	director, 10 percent owner, officer: CEO and President	2590 HOLIDAY ROAD #100, CORALVILLE IA 52241
Ed Corrente	officer: CFO	2590 HOLIDAY ROAD #100, CORALVILLE IA 52241
Nfg, Inc.	10 percent owner	2222 MICHELSON #222-164, IRVINE CA 92612