Vertex Energy, Inc. (VTNRQ)

Vertex Energy Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	18.76	76.97	141.26	36.13	10.9	4.1
Cash & Short-Term Investments	18.76	76.97	141.26	36.13	10.9	4.1
Cash Growth	-61.34%	-45.51%	290.97%	231.62%	165.76%	228.02%
Accounts Receivable	80.53	36.16	34.55	7.61	5.21	12.14
Other Receivables	1.14	3.46	2	-	-	0.07
Receivables	81.66	39.63	36.55	7.61	5.21	12.21
Inventory	128.62	191.97	135.47	7.84	1.46	6.55
Prepaid Expenses	24.74	16.09	13.52	4.04	2.59	4.45
Restricted Cash	0.1	3.61	4.93	100.5	0.1	0.1
Other Current Assets	22.43	23.78	41.7	9.5	9.53	-
Total Current Assets	276.32	352.03	373.43	165.62	29.79	27.41
Property, Plant & Equipment	482.23	487	299.39	69.61	18.03	81.2
Other Intangible Assets	9.77	11.54	11.83	6.65	0.47	11.24
Long-Term Deferred Tax Assets	-	-	2.5	-	-	0.07
Other Long-Term Assets	4.04	4.05	2.25	24.18	73.82	0.84
Total Assets	772.37	854.62	689.39	266.06	122.1	120.76
Accounts Payable	36.48	75	21	10.15	3.31	7.62
Accrued Expenses	6.47	8.12	8.07	4.4	1.65	5.02
Short-Term Debt	108.73	141.09	117.94	-	0.13	3.28
Current Portion of Long-Term Debt	197.24	16.36	13.91	2.41	6.71	2.02
Current Portion of Leases	15.07	22.73	5.08	6.32	1.05	6.1
Current Income Taxes Payable	3.17	0.83	1.1	-	-	-
Current Unearned Revenue	0.06	0.33	-	-	-	-
Other Current Liabilities	127.35	64.37	76.21	2.5	13.33	0.77
Total Current Liabilities	494.56	328.83	243.3	25.78	26.19	24.8
Long-Term Debt	14.53	170.7	170.01	64.13	5.64	12.43
Long-Term Leases	127.62	140.65	95.01	27.38	4.57	30.31
Long-Term Deferred Tax Liabilities	2.78	2.78	-	-	-	-
Other Long-Term Liabilities	3.34	11.28	15.65	75.25	24.41	-
Total Liabilities	642.82	654.24	523.97	192.55	60.81	67.54
Common Stock	0.09	0.09	0.08	0.06	0.05	0.04
Additional Paid-In Capital	384.49	383.63	279.55	138.62	94.57	81.53
Retained Earnings	-258.89	-187.38	-115.89	-110.61	-90.01	-59.25
Total Common Equity	125.7	196.35	163.74	28.07	4.61	22.32
Minority Interest	3.85	4.04	1.69	45.44	32.93	5.17
Shareholders' Equity	129.55	200.39	165.42	73.51	61.29	53.22
Total Liabilities & Equity	772.37	854.62	689.39	266.06	122.1	120.76
Total Debt	463.18	491.54	401.94	100.25	18.11	54.14
Net Cash (Debt)	-444.42	-414.57	-260.69	-64.12	-7.21	-50.04
Net Cash Per Share	-4.75	-4.84	-3.69	-1.14	-0.16	-1.22
Filing Date Shares Outstanding	93.51	93.51	75.67	63.35	49.89	45.55
Total Common Shares Outstanding	93.51	93.51	75.67	63.29	45.55	43.4
Working Capital	-218.23	23.21	130.13	139.83	3.59	2.61
Book Value Per Share	1.34	2.10	2.16	0.44	0.10	0.51
Tangible Book Value	115.93	184.81	151.91	21.42	4.14	11.08
Tangible Book Value Per Share	1.24	1.98	2.01	0.34	0.09	0.26
Land	9.12	9.79	9.17	2	-	3.08
Buildings	3.91	3.66	2.33	0.27	-	0.27
Machinery	310.81	292.86	107.85	46.94	2.82	51.32
Construction In Progress	66.5	53.47	96.77	10.48	11.93	12.36
Leasehold Improvements	2.9	2.85	2.85	2.47	0.1	2.43

Source: S&P Capital IQ. Standard template. Financial Sources.