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Year on year Vertex Energy Inc had net income fall 1,382.50% from a loss of 4.82m to a larger loss of 71.49m despite a 13.81% increase in revenues from 2.79bn to 3.18bn. An increase in the cost of goods sold as a percentage of sales from 93.55% to 95.46% was a component in the falling net income despite rising revenues.
Gross margin | 3.55% |
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Net profit margin | -3.65% |
Operating margin | -1.63% |
Return on assets | -14.32% |
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Return on equity | -63.70% |
Return on investment | -29.68% |
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Cash flow in USDView more
In 2023, cash reserves at Vertex Energy Inc fell by 65.61m. Cash Flow from Financing totalled 52.29m or 1.65% of revenues. In addition the company used 58.63m for operations while cash used for investing totalled 59.27m.
Cash flow per share | -0.8331 |
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Price/Cash flow per share | -- |
Book value per share | 1.34 |
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Tangible book value per share | 1.24 |
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Balance sheet in USDView more
Current ratio | 0.5587 |
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Quick ratio | 0.3033 |
Total debt/total equity | 2.22 |
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Total debt/total capital | 0.6831 |
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