VERTEX ENERGY, INC.: 10-K filed 2017-03-14

Name: VERTEX ENERGY, INC.: 10-K filed 2017-03-14
Creator: VERTEX ENERGY, INC.

What VERTEX ENERGY, INC. reported in its annual report filed 2017-03-14 (fiscal FY 2016): 48 published measures, 98 facts as tagged in accession 0001628280-17-002541.

This filing

Form: 10-K (annual report)
Filed: 2017-03-14
Fiscal period: fiscal FY 2016
Accession: 0001628280-17-002541 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All VERTEX ENERGY, INC. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

Period	Value	Unit	Days
At 2016-12-31	86,985,968	USD
At 2015-12-31	93,644,816	USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

Period	Value	Unit	Days
At 2016-12-31	28,667,747	USD
At 2015-12-31	40,753,674	USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

Period	Value	Unit	Days
At 2016-12-31	41,126,222	USD
At 2015-12-31	40,935,935	USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

Period	Value	Unit
At 2016-12-31	1,701,435	USD
At 2015-12-31	765,364	USD
At 2014-12-31	6,017,076	USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

Period	Value	Unit	Days
2016-01-01 to 2016-12-31	-3,952,821	USD	366
2015-01-01 to 2015-12-31	-22,516,889	USD	365

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

Period	Value	Unit	Days
2016-01-01 to 2016-12-31	-14,145,607	USD	366
2015-01-01 to 2015-12-31	-12,970,898	USD	365

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

Period	Value	Unit	Days
2016-01-01 to 2016-12-31	1,628,859	USD	366
2015-01-01 to 2015-12-31	1,811,653	USD	365

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

Period	Value	Unit	Days
2016-01-01 to 2016-12-31	98,078,914	USD	366
2015-01-01 to 2015-12-31	146,942,461	USD	365

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

Period	Value	Unit	Days
2016-01-01 to 2016-12-31	-801,308	USD	366
2015-01-01 to 2015-12-31	8,198,691	USD	365

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

Period	Value	Unit	Days
2016-01-01 to 2016-12-31	15,882,986	USD	366
2015-01-01 to 2015-12-31	-479,505	USD	365

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

Period	Value	Unit	Days
At 2016-12-31	-27,958,578	USD
At 2015-12-31	-12,106,971	USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

Period	Value	Unit	Days
2016-01-01 to 2016-12-31	30,520,820	shares	366
2015-01-01 to 2015-12-31	28,181,096	shares	365

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

Period	Value	Unit	Days
2016-01-01 to 2016-12-31	30,520,820	shares	366
2015-01-01 to 2015-12-31	28,181,096	shares	365

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

Period	Value	Unit	Days
2016-01-01 to 2016-12-31	-0.51	USD/shares	366
2015-01-01 to 2015-12-31	-0.86	USD/shares	365

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

Period	Value	Unit	Days
2016-01-01 to 2016-12-31	-0.51	USD/shares	366
2015-01-01 to 2015-12-31	-0.86	USD/shares	365

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

Period	Value	Unit	Days
2016-01-01 to 2016-12-31	-117,646	USD	366
2015-01-01 to 2015-12-31	5,306,000	USD	365

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

Period	Value	Unit	Days
At 2016-12-31	50,029,934	USD
At 2015-12-31	53,028,607	USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

Period	Value	Unit	Days
2016-01-01 to 2016-12-31	527,869	USD	366
2015-01-01 to 2015-12-31	423,911	USD	365

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

Period	Value	Unit	Days
2016-01-01 to 2016-12-31	-10,112,514	USD	366
2015-01-01 to 2015-12-31	-14,093,041	USD	365

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

Period	Value	Unit	Days
At 2016-12-31	21,185,452	USD
At 2015-12-31	23,166,774	USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

Period	Value	Unit	Days
2016-01-01 to 2016-12-31	3,094,956	USD	366
2015-01-01 to 2015-12-31	3,580,726	USD	365

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

Period	Value	Unit	Days
At 2016-12-31	22,453,644	USD
At 2015-12-31	33,665,411	USD

Goodwill carrying amount

Recognized goodwill remaining after accumulated impairment. It arises from business combinations and does not measure the current value of the company’s brand.

Period	Value	Unit
At 2016-12-31	0	USD
At 2015-12-31	0	USD
At 2014-12-31	4,922,353	USD

Net finite-lived intangible assets

Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.

Period	Value	Unit	Days
At 2016-12-31	15,252,332	USD
At 2015-12-31	16,967,985	USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

Period	Value	Unit	Days
At 2016-12-31	10,952,219	USD
At 2015-12-31	6,315,414	USD

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

Period	Value	Unit	Days
At 2016-12-31	4,357,958	USD
At 2015-12-31	3,548,311	USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

Period	Value	Unit	Days
2016-01-01 to 2016-12-31	16,319,100	USD	366
2015-01-01 to 2015-12-31	10,696,188	USD	365

Cost of revenue

Costs attributed to goods produced and sold and services provided during the period. This is not the sum of every operating expense.

Period	Value	Unit	Days
2016-01-01 to 2016-12-31	81,759,814	USD	366
2015-01-01 to 2015-12-31	136,246,273	USD	365

Selling, general and administrative expense

Selling and general administrative costs reported under this concept. It is an expense category, not a substitute for total operating expenses.

Period	Value	Unit	Days
2016-01-01 to 2016-12-31	26,431,614	USD	366
2015-01-01 to 2015-12-31	24,789,229	USD	365

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

Period	Value	Unit	Days
At 2016-12-31	33,151,391	shares
At 2015-12-31	28,239,276	shares

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

Period	Value	Unit	Days
At 2016-12-31	69,051,124	USD
At 2015-12-31	53,014,054	USD

Total equity including noncontrolling interests

Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.

Period	Value	Unit
At 2016-12-31	41,230,119	USD
At 2015-12-31	40,935,935	USD
At 2014-12-31	58,619,972	USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

Period	Value	Unit	Days
At 2016-12-31	62,316,808	USD
At 2015-12-31	60,846,824	USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

Period	Value	Unit	Days
At 2016-12-31	12,286,874	USD
At 2015-12-31	7,818,217	USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

Period	Value	Unit	Days
At 2016-12-31	518,250	USD
At 2015-12-31	481,450	USD

Net deferred tax assets

Deferred tax assets after the valuation allowance. Realization depends on future taxable income, so the balance is not a receivable from tax authorities.

Period	Value	Unit	Days
At 2016-12-31	3,276,000	USD
At 2015-12-31	1,373,247	USD

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

Period	Value	Unit	Days
2016-01-01 to 2016-12-31	-3,950,642	USD	366
2015-01-01 to 2015-12-31	-22,516,889	USD	365

Net income available to common stockholders

Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.

Period	Value	Unit	Days
2016-01-01 to 2016-12-31	-15,537,395	USD	366
2015-01-01 to 2015-12-31	-24,102,700	USD	365

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

Period	Value	Unit	Days
2016-01-01 to 2016-12-31	19,966,426	USD	366
2015-01-01 to 2015-12-31	24,046,464	USD	365

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

Period	Value	Unit	Days
2016-01-01 to 2016-12-31	4,502,597	USD	366
2015-01-01 to 2015-12-31	4,106,526	USD	365

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

Period	Value	Unit	Days
2016-01-01 to 2016-12-31	6,277,215	USD	366
2015-01-01 to 2015-12-31	6,636,593	USD	365

Amortization of intangible assets

Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.

Period	Value	Unit	Days
2016-01-01 to 2016-12-31	1,715,653	USD	366
2015-01-01 to 2015-12-31	2,032,051	USD	365

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

Period	Value	Unit	Days
2016-01-01 to 2016-12-31	5,974	USD	366
2015-01-01 to 2015-12-31	-4,446	USD	365

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

Period	Value	Unit	Days
2016-01-01 to 2016-12-31	6,044,226	USD	366
2015-01-01 to 2015-12-31	-3,117,848	USD	365

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

Period	Value	Unit	Days
2015-01-01 to 2015-12-31	5,306,000	USD	365

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

Period	Value	Unit	Days
2016-01-01 to 2016-12-31	4,636,805	USD	366
2015-01-01 to 2015-12-31	-1,929,871	USD	365

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

Period	Value	Unit	Days
2016-01-01 to 2016-12-31	809,647	USD	366
2015-01-01 to 2015-12-31	-9,072,305	USD	365

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

Period	Value	Unit	Days
2016-01-01 to 2016-12-31	-1,893,370	USD	366
2015-01-01 to 2015-12-31	-8,539,803	USD	365

Inspect the source

Entity: VERTEX ENERGY, INC. / CIK 0000890447
Captured: 2026-09-22 19:32 UTC
SEC response SHA-256: bcd6172e4933238b0f547910f44c14e933fdce9d36b7593c7118e4e43b03d55a

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

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import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0000890447.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))