VTNR has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
VTNR has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vertex Energy's interest expense for the three months ended in Mar. 2024 was $ -18 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-125 Mil.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Vertex Energy's Operating Income for the three months ended in Mar. 2024 was $ -6 Mil. Vertex Energy's Interest Expense for the three months ended in Mar. 2024 was $ -18 Mil. Vertex Energy did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
The historical data trend for Vertex Energy's Interest Expense 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.
Vertex Energy Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Interest Expense | Get a 7-Day Free Trial | -0.54 | -0.98 | -3.83 | -79.91 | -119.57 |
Vertex Energy Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Interest Expense | Get a 7-Day Free Trial | -12.48 | -77.54 | -13.52 | -16.03 | -17.68 |
Interest Expense is the amount reported by a company or individual as an expense for borrowed money.
Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-125 Mil.
* 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.
Vertex Energy (NAS:VTNR) Interest Expense Explanation
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Vertex Energy's Interest Expense for the three months ended in Mar. 2024 was $-18 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $308 Mil.
Vertex Energy's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as
Vertex Energy did not have earnings to cover the interest expense. |
* 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.
The higher the ratio, the stronger the company's financial strength is.
Christopher Allen Stratton | director | 1331 GEMINI STREET, #250, HOUSTON TX 77058 |
Alvaro Ruiz | officer: Chief Strategy Officer | 86 S KNIGHTS CROSSING DR, THE WOODLANDS TX 77382 |
James Gary Rhame | officer: Chief Operating Officer | 2601 RYDER COURT, LEAGUE CITY TX 77573 |
Benjamin P Cowart | director, 10 percent owner, officer: CEO AND PRESIDENT | 2506 DEEP OAK COURT, HOUSTON TX 77059 |
Douglas Scott Haugh | officer: Chief Commercial Officer | 865 DUNHAM STREET, DANIEL ISLAND SC 29492 |
Karen Kay Maston | director | 3770 OLYMPIA DRIVE, HOUSTON TX 77019 |
Odeh Khoury | director | 6 GREYTON LN, HOUSTON TX 77024 |
David L Phillips | director | P.O. BOX 37167, HOUSTON TX 77237 |
John Noel Strickland | officer: COO | 2030 ASHTON WAY, BAINBRIDGE GA 39819 |
Timothy C Harvey | director | 15 COLONEL WINSTEAD DRIVE, BRENTWOOD TN 37027 |
James P Gregory | director | 1225 EYE STREET NW SUITE 900, WASHINGTON DC 22209 |
David Peel | officer: COO | 1427 SHELL FISH CT., MT. PLEASANT SC 29466 |
Dan Borgen | director | 9500 NEW CENTURY, PASADENA TX 77507 |
Matthew Lieb | officer: CHIEF OPERATING OFFICER | 13500 EVENING CREEK DRIVE #440, SAN DIEGO CA 92128 |
Chris Carlson | officer: CFO AND SECRETARY | 4418 CEDAR RIDGE TRAIL, HOUSTON TX 77059 |
From GuruFocus
By PRNewswire PRNewswire • 06-10-2023
By Business Wire • 06-26-2023
By Business Wire Business Wire • 06-10-2023
By ACCESSWIRE ACCESSWIRE • 06-08-2023
By Business Wire • 12-05-2023
By Business Wire • 07-25-2023
By sperokesalga sperokesalga • 06-11-2023
By Business Wire Business Wire • 06-14-2023
By GuruFocus Research • 11-14-2023
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.