Vertex Energy Inc. company info

CIK 890447
IRS Number 943439569
State of incorporation NV
Business address 1331 GEMINI STREET
SUITE 250
HOUSTON
TX
77058
Mail address 1331 GEMINI STREET
SUITE 250
HOUSTON
TX
77058

Short summary

Vertex Energy Inc. is a Texas company, with head office located at 1331 Gemini Street Houston, Texas 77058. In 2017 the company owned a total of 84.72 million USD worth of assets, including 22.31 million USD worth of current assets. 2013 was the year when the company amassed the most assets. The company net sales last year amounted to 145.50 million USD.

Vertex Energy Inc. Income Statement

Name [in Millions USD]200920102011201220132014201520162017Trends
Revenue, Net 58.14109.72134.57161.97258.90146.9498.08145.50
Gross Profit 4.248.079.7916.3414.6110.7016.3222.11
Selling, General and Administrative Expense 3.094.107.399.2925.1124.7926.4328.33
Operating Income (Loss) 1.153.972.397.05-10.49-14.09-10.11-6.22
Interest expense 0.120.060.140.422.643.583.093.48
Other Nonoperating Income (Expense) 0.33-0.000.010.01
Income Tax Expense (Benefit) 0.02-1.84-1.40-1.700.015.31-0.12-0.27
Net income 1.235.753.667.88-5.55-22.52-3.95-8.43

Vertex Energy Inc. Balance Sheet

Name [in Millions USD]200920102011201220132014201520162017Trends
Cash and cash equivalents 2.562.534.180.3019.655.723.970.460.05
Accounts Receivable, Net, Current 2.113.788.0913.9513.037.369.6211.24
Inventories 6.056.609.3416.419.093.774.608.11
Property, Plant and Equipment, Gross 11.9516.1161.0363.0964.1065.54
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment -0.040.341.355.7410.0414.3317.67
Goodwill 3.524.924.92000.18
Intangible Assets, Net (Excluding Goodwill) 16.26
Other Assets, Noncurrent 2.930.480.480.390.49
Total assets 12.8619.0052.41139.87120.2387.3782.6084.72
Current assets 10.8014.8918.2662.8831.6417.7516.9822.31
Non-current assets 2.064.1134.1576.9988.5969.6265.80
Total current liabilities 7.057.9814.2529.2328.2818.4312.1217.89
Long-term Debt, Excluding Current Maturities 5.3940.1722.563.5613.0314.74
Long-term Debt 8.038.52
Deferred income taxes 0.100.400.3800
Total liabilities 7.058.0828.9075.4762.1226.7528.4935.57
Common Stock, Value, Issued 0.010.010.020.030.030.030.030.03
Retained Earnings (Accumulated Deficit) 2.867.4212.6425.41-5.42-20.60-34.74-43.27

Vertex Energy Inc. Cash Flow

Name [in Millions USD]200920102011201220132014201520162017Trends
Net income 1.235.753.667.88-5.55-22.52-3.95-8.43
Depreciation and amortization 4.286.646.286.64
Depreciation 0.020.301.022.414.114.504.82
Amortization of Intangible Assets 00.321.301.872.031.721.82
Depreciation and amortization 0.150.160.712.324.286.646.286.64
Deferred Income Tax Expense (Benefit) -1.93-1.43-1.9405.310-0.27
Accounts receivable 0.71-3.95-0.133.47-0.71-1.934.640.34
Inventories -0.92-2.51-0.552.67-1.89-9.070.811.91
Accounts payable 1.870.304.227.26-8.54-1.890.88
Deferred revenue 000.46-0.14-0.320
Net Cash Provided by (Used in) Operating Activities 0.77-0.073.004.39-1.53-12.97-14.15-2.96
Payments to Acquire Property, Plant, and Equipment 0.020.061.132.605.941.811.632.13
Payments to Acquire Intangible Assets 0.290.240.21
Net Cash Provided by (Used in) Investing Activities -0.31-0.30-3.15-2.47-40.21-0.4815.88-3.80
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 0.42
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 0.42
Proceeds from Issuance of Common Stock 08.6317.32
Net Cash Provided by (Used in) Financing Activities -0.240.310.28-0.0545.078.20-0.804.66
Cash and Cash Equivalents, Period Increase (Decrease) 0.23-0.070.131.873.34-5.250.94