Vital Energy Inc. (VTLE)
Debt-to-assets ratio
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Long-term debt | US$ in thousands | 2,454,240 | 2,433,270 | 1,662,260 | 2,097,040 | 1,609,420 | 1,926,970 | 1,619,600 | 1,163,810 | 1,113,020 | 1,181,580 | 1,291,240 | 1,421,820 | 1,425,860 | 1,349,900 | 1,306,110 | 1,145,370 | 1,179,270 | 1,218,950 | 1,258,160 | 1,257,380 |
Total assets | US$ in thousands | 5,878,950 | 6,251,010 | 5,263,210 | 5,661,900 | 5,149,580 | 4,426,250 | 3,815,430 | 2,943,240 | 2,726,110 | 2,805,920 | 2,873,010 | 2,726,330 | 2,551,820 | 2,258,970 | 1,786,810 | 1,474,900 | 1,442,610 | 1,581,320 | 1,870,590 | 531,190 |
Debt-to-assets ratio | 0.42 | 0.39 | 0.32 | 0.37 | 0.31 | 0.44 | 0.42 | 0.40 | 0.41 | 0.42 | 0.45 | 0.52 | 0.56 | 0.60 | 0.73 | 0.78 | 0.82 | 0.77 | 0.67 | 2.37 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $2,454,240K ÷ $5,878,950K
= 0.42
The debt-to-assets ratio of Vital Energy Inc. has shown a declining trend over the past several quarters, reflecting a decreasing proportion of debt relative to its total assets. From a high of 2.37 as of March 31, 2020, the ratio decreased steadily to 0.42 as of December 31, 2024. This suggests that the company has been effectively managing its debt levels in relation to its overall asset base. The downward trend implies a potential improvement in the company's financial risk profile and could indicate a stronger balance sheet position. However, it is important to monitor this ratio in conjunction with other financial metrics to assess the company's overall financial health.
Peer comparison
Dec 31, 2024