VERTEX ENERGY, INC.: 10-Q filed 2017-11-07
What VERTEX ENERGY, INC. reported in its quarterly report filed 2017-11-07 (fiscal Q3 2017): 42 published measures, 114 facts as tagged in accession 0001628280-17-010951.
This filing
- Form
- 10-Q (quarterly report)
- Filed
- 2017-11-07
- Fiscal period
- fiscal Q3 2017
- Accession
- 0001628280-17-010951 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 2017-09-30 | 82,285,706 | USD | |
| At 2016-12-31 | 86,985,968 | USD |
Total liabilities
Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2017-09-30 | 30,902,405 | USD | |
| At 2016-12-31 | 28,667,747 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2017-09-30 | 29,091,440 | USD | |
| At 2016-12-31 | 38,610,069 | 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 | Days |
|---|---|---|---|
| At 2017-09-30 | 1,124,839 | USD | |
| At 2016-12-31 | 1,701,435 | 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 |
|---|---|---|---|
| 2017-07-01 to 2017-09-30 | -2,983,932 | USD | 92 |
| 2017-01-01 to 2017-09-30 | -8,047,846 | USD | 273 |
| 2016-07-01 to 2016-09-30 | -107,956 | USD | 92 |
| 2016-01-01 to 2016-09-30 | -1,554,028 | USD | 274 |
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 |
|---|---|---|---|
| 2017-01-01 to 2017-09-30 | -2,388,578 | USD | 273 |
| 2016-01-01 to 2016-09-30 | -13,394,947 | USD | 274 |
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 |
|---|---|---|---|
| 2017-01-01 to 2017-09-30 | 1,842,237 | USD | 273 |
| 2016-01-01 to 2016-09-30 | 3,428,396 | USD | 274 |
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 |
|---|---|---|---|
| 2017-01-01 to 2017-09-30 | 3,851,358 | USD | 273 |
| 2016-01-01 to 2016-09-30 | -35,096 | USD | 274 |
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 |
|---|---|---|---|
| 2017-01-01 to 2017-09-30 | -3,544,099 | USD | 273 |
| 2016-01-01 to 2016-09-30 | 17,921,026 | USD | 274 |
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 2017-09-30 | -38,564,242 | USD | |
| At 2016-12-31 | -27,958,578 | 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 |
|---|---|---|---|
| 2017-07-01 to 2017-09-30 | 32,655,135 | shares | 92 |
| 2017-01-01 to 2017-09-30 | 32,651,961 | shares | 273 |
| 2016-07-01 to 2016-09-30 | 30,576,485 | shares | 92 |
| 2016-01-01 to 2016-09-30 | 29,884,836 | shares | 274 |
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 |
|---|---|---|---|
| 2017-07-01 to 2017-09-30 | 32,655,135 | shares | 92 |
| 2017-01-01 to 2017-09-30 | 32,651,961 | shares | 273 |
| 2016-07-01 to 2016-09-30 | 30,576,485 | shares | 92 |
| 2016-01-01 to 2016-09-30 | 29,884,836 | shares | 274 |
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 |
|---|---|---|---|
| 2017-07-01 to 2017-09-30 | -0.12 | USD/shares | 92 |
| 2017-01-01 to 2017-09-30 | -0.32 | USD/shares | 273 |
| 2016-07-01 to 2016-09-30 | -0.03 | USD/shares | 92 |
| 2016-01-01 to 2016-09-30 | -0.32 | USD/shares | 274 |
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 |
|---|---|---|---|
| 2017-07-01 to 2017-09-30 | -0.12 | USD/shares | 92 |
| 2017-01-01 to 2017-09-30 | -0.32 | USD/shares | 273 |
| 2016-07-01 to 2016-09-30 | -0.03 | USD/shares | 92 |
| 2016-01-01 to 2016-09-30 | -0.32 | USD/shares | 274 |
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 |
|---|---|---|---|
| 2017-07-01 to 2017-09-30 | 0 | USD | 92 |
| 2017-01-01 to 2017-09-30 | 0 | USD | 273 |
| 2016-07-01 to 2016-09-30 | 0 | USD | 92 |
| 2016-01-01 to 2016-09-30 | -117,646 | USD | 274 |
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 2017-09-30 | 49,598,429 | USD | |
| At 2016-12-31 | 50,029,934 | 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 |
|---|---|---|---|
| 2017-01-01 to 2017-09-30 | 460,475 | USD | 273 |
| 2016-01-01 to 2016-09-30 | 392,413 | USD | 274 |
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 |
|---|---|---|---|
| 2017-07-01 to 2017-09-30 | -3,309,022 | USD | 92 |
| 2017-01-01 to 2017-09-30 | -7,648,606 | USD | 273 |
| 2016-07-01 to 2016-09-30 | -586,024 | USD | 92 |
| 2016-01-01 to 2016-09-30 | -8,971,662 | USD | 274 |
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 2017-09-30 | 17,346,939 | USD | |
| At 2016-12-31 | 21,185,452 | 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 |
|---|---|---|---|
| 2017-07-01 to 2017-09-30 | 733,459 | USD | 92 |
| 2017-01-01 to 2017-09-30 | 2,688,394 | USD | 273 |
| 2016-07-01 to 2016-09-30 | 399,545 | USD | 92 |
| 2016-01-01 to 2016-09-30 | 2,721,056 | USD | 274 |
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 2017-09-30 | 16,226,447 | USD | |
| At 2016-12-31 | 22,453,644 | 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 2017-09-30 | 14,951,588 | USD | |
| At 2016-12-31 | 15,252,332 | 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 2017-09-30 | 8,897,445 | USD | |
| At 2016-12-31 | 10,952,219 | 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 2017-09-30 | 4,589,935 | USD | |
| At 2016-12-31 | 4,357,958 | 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 |
|---|---|---|---|
| 2017-07-01 to 2017-09-30 | 4,079,560 | USD | 92 |
| 2017-01-01 to 2017-09-30 | 13,574,800 | USD | 273 |
| 2016-07-01 to 2016-09-30 | 5,999,759 | USD | 92 |
| 2016-01-01 to 2016-09-30 | 11,021,281 | USD | 274 |
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 |
|---|---|---|---|
| 2017-07-01 to 2017-09-30 | 28,390,891 | USD | 92 |
| 2017-01-01 to 2017-09-30 | 90,579,044 | USD | 273 |
| 2016-07-01 to 2016-09-30 | 22,462,171 | USD | 92 |
| 2016-01-01 to 2016-09-30 | 56,001,697 | USD | 274 |
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 |
|---|---|---|---|
| 2017-07-01 to 2017-09-30 | 7,388,582 | USD | 92 |
| 2017-01-01 to 2017-09-30 | 21,223,406 | USD | 273 |
| 2016-07-01 to 2016-09-30 | 6,585,783 | USD | 92 |
| 2016-01-01 to 2016-09-30 | 19,992,943 | USD | 274 |
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 2017-09-30 | 32,655,135 | shares | |
| At 2016-12-31 | 33,151,391 | 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 2017-09-30 | 67,622,538 | USD | |
| At 2016-12-31 | 66,534,971 | 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 | Days |
|---|---|---|---|
| At 2017-09-30 | 29,290,027 | USD | |
| At 2016-12-31 | 38,713,966 | 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 2017-09-30 | 65,011,222 | USD | |
| At 2016-12-31 | 62,316,808 | 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 2017-09-30 | 15,412,793 | USD | |
| At 2016-12-31 | 12,286,874 | 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 2017-09-30 | 388,750 | USD | |
| At 2016-12-31 | 518,250 | 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 |
|---|---|---|---|
| 2017-07-01 to 2017-09-30 | -2,949,378 | USD | 92 |
| 2017-01-01 to 2017-09-30 | -7,953,156 | USD | 273 |
| 2016-07-01 to 2016-09-30 | -77,722 | USD | 92 |
| 2016-01-01 to 2016-09-30 | -1,565,221 | USD | 274 |
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 |
|---|---|---|---|
| 2017-07-01 to 2017-09-30 | -3,829,125 | USD | 92 |
| 2017-01-01 to 2017-09-30 | -10,572,545 | USD | 273 |
| 2016-07-01 to 2016-09-30 | -1,047,564 | USD | 92 |
| 2016-01-01 to 2016-09-30 | -9,543,203 | USD | 274 |
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 |
|---|---|---|---|
| 2017-07-01 to 2017-09-30 | 5,690,761 | USD | 92 |
| 2017-01-01 to 2017-09-30 | 16,280,495 | USD | 273 |
| 2016-07-01 to 2016-09-30 | 5,025,221 | USD | 92 |
| 2016-01-01 to 2016-09-30 | 15,285,142 | USD | 274 |
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 |
|---|---|---|---|
| 2017-01-01 to 2017-09-30 | 4,942,911 | USD | 273 |
| 2016-01-01 to 2016-09-30 | 4,707,801 | USD | 274 |
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 |
|---|---|---|---|
| 2017-07-01 to 2017-09-30 | 359,644 | USD | 92 |
| 2017-01-01 to 2017-09-30 | -304,550 | USD | 273 |
| 2016-07-01 to 2016-09-30 | 508,302 | USD | 92 |
| 2016-01-01 to 2016-09-30 | 7,288,795 | USD | 274 |
Income taxes paid, net
Cash income taxes paid net of refunds during the period. It differs from income tax expense and can reflect prior years and estimated payments.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2017-01-01 to 2017-09-30 | 0 | USD | 273 |
| 2016-01-01 to 2016-09-30 | 117,646 | USD | 274 |
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 |
|---|---|---|---|
| 2017-01-01 to 2017-09-30 | -2,054,774 | USD | 273 |
| 2016-01-01 to 2016-09-30 | 62,325 | USD | 274 |
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 |
|---|---|---|---|
| 2017-01-01 to 2017-09-30 | 195,977 | USD | 273 |
| 2016-01-01 to 2016-09-30 | 122,924 | USD | 274 |
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 |
|---|---|---|---|
| 2017-01-01 to 2017-09-30 | 329,959 | USD | 273 |
| 2016-01-01 to 2016-09-30 | -4,940,852 | USD | 274 |
Inspect the source
- Entity
- VERTEX ENERGY, INC. / CIK 0000890447
- Captured
- SEC response SHA-256
bcd6172e4933238b0f547910f44c14e933fdce9d36b7593c7118e4e43b03d55a
Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON
Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.
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Read the published dataset with Python
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"])))