Vector Group Ltd (VGR)
Debt-to-equity ratio
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | 1,389,160 | 1,400,700 | 1,399,630 | 1,398,590 | 1,400,880 | 1,402,830 | 1,405,400 | 1,393,730 | 1,395,960 | 1,398,190 | 1,395,620 | 1,397,220 | 1,178,240 | 1,180,150 | 1,387,940 |
| Total stockholders’ equity | US$ in thousands | -741,814 | -773,355 | -797,125 | -805,772 | -807,877 | -823,310 | -830,912 | -840,652 | -841,553 | -575,012 | -592,045 | -656,499 | -659,687 | -662,119 | -669,204 | -718,999 | -685,464 | -629,161 | -607,184 | -590,589 |
| Debt-to-equity ratio | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $-741,814K
= —
Based on the missing data for the debt-to-equity ratio for Vector Group Ltd across the quarters from Q1 2022 to Q4 2023, a detailed analysis of the trend and fluctuations in the company's leverage position over time cannot be provided. It is essential for all quarters to be reported to accurately assess the company's debt relative to its equity.
Without the complete data, it is challenging to evaluate the company's solvency, financial risk, and capital structure. To gain a comprehensive understanding of Vector Group Ltd's debt-to-equity ratio dynamics and financial health, it is imperative to have access to all relevant data points for each reporting period.
In the absence of the complete historical debt-to-equity ratio figures, a thorough assessment of Vector Group Ltd's leverage, ability to meet its financial obligations, and the proportion of debt in its capital structure is not feasible. Consequently, a comprehensive analysis of the company's debt-to-equity ratio trajectory and its implications cannot be conducted at this time.
Peer comparison
Dec 31, 2023