Vermilion Energy Inc. (VET) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 486.04M | 466.91M | 394.58M | 1.17B | 509.73M | 582.33M | 651.2M | 740.88M | 886.37M | 823.51M | 657.25M | 743.51M | 854.04M | 714.45M | 598.54M | 530.1M | 551.94M | 472.85M | 460.12M | 292.77M |
| Cash & Short-Term Investments | 16.4M | 19.07M | 46.05M | 69.19M | 23.53M | 131.73M | 190.95M | 267.67M | 254.65M | 141.46M | 0 | 50.7M | 99.84M | 13.84M | 7.81M | 675K | 4.54M | 6.03M | 0 | 0 |
| Cash Only | 12.89M | 19.07M | 46.05M | 69.19M | 23.53M | 131.73M | 190.95M | 267.67M | 254.65M | 141.46M | 0 | 50.7M | 99.84M | 13.84M | 7.81M | 675K | 4.54M | 6.03M | 0 | 0 |
| Short-Term Investments | 3.5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 279.8M | 273.26M | 196.47M | 299.61M | 321.1M | 298.49M | 274.32M | 258.47M | 365.15M | 242.93M | 301.69M | 287.9M | 334.65M | 373.65M | 391.22M | 369.4M | 396.74M | 328.58M | 281.57M | 205.94M |
| Days Sales Outstanding | 50.88 | 50.28 | 54.06 | 59.8 | 47.65 | 51.09 | 48.57 | 74.42 | 50.64 | 44.62 | 51.48 | 66.75 | 65.67 | 45.43 | 39.68 | 44.96 | 44.17 | 39.69 | 45.85 | 55.55 |
| Inventory | 39.23M | 46.58M | 45.29M | 62.9M | 48.56M | 40.69M | 29.15M | 45.37M | 32.41M | 57.33M | 26.94M | 21.35M | 30.73M | 19.66M | 30.77M | 25.84M | 23.88M | 20.07M | 22.78M | 28.55M |
| Days Inventory Outstanding | 10.59 | 10.53 | 28.71 | 22.69 | 16.6 | 14.95 | 14.44 | 19.42 | 15.39 | 11.31 | 9.47 | 14.94 | 14.18 | 14.66 | 17.9 | 16.79 | 15.28 | 14.97 | 19.1 | 19.89 |
| Other Current Assets | 92.45M | 78.63M | 44.54M | 674.99M | 40.23M | 40.31M | 92.54M | 97.17M | 160.25M | 313.79M | 265.05M | 326.14M | 337.32M | 162.84M | 46.19M | 36.41M | 26.1M | 19.32M | 131.79M | 36.83M |
| Total Non-Current Assets | 5.07B | 4.87B | 5.56B | 5.54B | 6.57B | 5.53B | 5.43B | 5.44B | 5.44B | 5.41B | 6.5B | 6.44B | 6.43B | 6.28B | 6.01B | 5.75B | 5.65B | 5.43B | 5.29B | 5.11B |
| Property, Plant & Equipment | 4.64B | 4.5B | 5.41B | 5.36B | 6.43B | 5.24B | 5.2B | 5.19B | 5.14B | 5.08B | 6.28B | 6.24B | 6.23B | 5.96B | 5.65B | 5.42B | 5.18B | 5.06B | 4.92B | 4.82B |
| Fixed Asset Turnover | 0.11x | 0.09x | 0.08x | 0.08x | 0.10x | 0.10x | 0.10x | 0.07x | 0.11x | 0.10x | 0.08x | 0.07x | 0.08x | 0.13x | 0.16x | 0.15x | 0.14x | 0.14x | 0.10x | 0.08x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 65.65M | 69.09M | 76.49M | 77.14M | 78.54M | 78.86M | 79.33M | 80.13M | 80.3M | 73.26M | 68.29M | 58.63M | 52.11M | 56.37M | 47.76M | 38.1M | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 258.88M | 284.03M | 75.05M | 15.06M | 4.39M | 13.93M | 27.2M | 33.91M | 59.92M | 76.11M | 16.88M | 13.63M | 20.86M | 132.6M | 60.31M | 0 | 17.67M | 0 | 0 | 0 |
| Total Assets | 5.56B | 5.34B | 5.95B | 6.71B | 7.08B | 6.12B | 6.08B | 6.18B | 6.32B | 6.24B | 7.16B | 7.18B | 7.29B | 6.99B | 6.61B | 6.28B | 6.2B | 5.91B | 5.75B | 5.41B |
| Asset Turnover | 0.09x | 0.08x | 0.07x | 0.07x | 0.09x | 0.08x | 0.08x | 0.06x | 0.09x | 0.08x | 0.07x | 0.06x | 0.07x | 0.11x | 0.14x | 0.12x | 0.12x | 0.12x | 0.09x | 0.07x |
| Asset Growth % | -21.5% | -12.68% | -2.15% | 8.5% | 12% | -1.93% | -15.04% | -13.89% | -13.19% | -10.8% | 8.36% | 14.3% | 17.52% | 18.39% | 14.94% | 16.16% | 31.16% | 43.71% | 39.34% | 23.97% |
| Total Current Liabilities | 767.05M | 554.1M | 489.42M | 603.53M | 718.14M | 610.59M | 521.67M | 679.48M | 767.19M | 696.07M | 733.43M | 870.76M | 1.03B | 892.04M | 987.07M | 958.67M | 1.05B | 746.81M | 895.98M | 528.18M |
| Accounts Payable | 436.22M | 470.38M | 412.67M | 403.52M | 544.38M | 425.41M | 344.52M | 361.15M | 406.32M | 380.37M | 368.67M | 428.52M | 469.88M | 481.44M | 444.74M | 422.84M | 398.95M | 440.66M | 364.52M | 346.5M |
| Days Payables Outstanding | 111.86 | 101.22 | 216.6 | 192.97 | 180.37 | 164.83 | 136.76 | 191.66 | 134.89 | 100.57 | 156.35 | 257.65 | 267.77 | 269.27 | 274.31 | 277.44 | 291.86 | 281.2 | 264.56 | 246.45 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 300.62M | 60.61M | -2.96M | 149.94M | 47.83M | 52.94M | 9.49M | 16.27M | 9.49M | 732K | 44M | 25.01M | 62.69M | 55.84M | 394.73M | 388.99M | 551.36M | 268.97M | 509.82M | 168.19M |
| Current Ratio | 0.63x | 0.84x | 0.81x | 1.94x | 0.71x | 0.95x | 1.25x | 1.09x | 1.16x | 1.18x | 0.90x | 0.85x | 0.83x | 0.80x | 0.61x | 0.55x | 0.52x | 0.63x | 0.51x | 0.55x |
| Quick Ratio | 0.58x | 0.76x | 0.71x | 1.84x | 0.64x | 0.89x | 1.19x | 1.02x | 1.11x | 1.10x | 0.86x | 0.83x | 0.80x | 0.78x | 0.58x | 0.53x | 0.50x | 0.61x | 0.49x | 0.50x |
| Cash Conversion Cycle | -50.39 | -40.41 | -133.83 | -110.49 | -116.12 | -98.78 | -73.74 | -97.81 | -68.87 | -44.63 | -95.39 | -175.97 | -187.92 | -209.17 | -216.73 | -215.69 | -232.41 | -226.55 | -199.61 | -171.01 |
| Total Non-Current Liabilities | 2.74B | 2.57B | 2.76B | 3.41B | 3.48B | 2.69B | 2.68B | 2.67B | 2.58B | 2.51B | 2.58B | 2.49B | 2.47B | 2.7B | 2.73B | 2.64B | 2.82B | 3.09B | 3.12B | 3.02B |
| Long-Term Debt | 1.26B | 1.24B | 1.26B | 1.95B | 1.87B | 963.46M | 903.35M | 915.36M | 933.51M | 914.01M | 966.5M | 913.78M | 933.46M | 1.08B | 1.41B | 1.53B | 1.38B | 1.65B | 1.76B | 1.77B |
| Capital Lease Obligations | 48.91M | 49.3M | 50.85M | 52.78M | 56.84M | 54.99M | 121.81M | 93.23M | 28.92M | 33M | 36.81M | 40.91M | 46.43M | 51.51M | 53.91M | 52.09M | 55.56M | 60.19M | 67.11M | 71.64M |
| Deferred Tax Liabilities | 299.59M | 316.71M | 394.5M | 385.6M | 379.34M | 364.8M | 379.69M | 377.21M | 371.79M | 380.97M | 437.31M | 475.76M | 485.83M | 477.34M | 391.06M | 339.49M | 345.62M | 328.84M | 318.79M | 304.37M |
| Other Non-Current Liabilities | 1.14B | 957.32M | 1.05B | 1.02B | 1.17B | 1.31B | 1.28B | 1.29B | 1.24B | 1.18B | 1.13B | 1.06B | 1.01B | 1.09B | 877.08M | 722.59M | 1.03B | 1.05B | 972.05M | 871.62M |
| Total Liabilities | 3.51B | 3.12B | 3.25B | 4.01B | 4.2B | 3.3B | 3.21B | 3.35B | 3.34B | 3.2B | 3.31B | 3.36B | 3.51B | 3.59B | 3.72B | 3.6B | 3.87B | 3.84B | 4.01B | 3.55B |
| Total Debt | 1.31B | 1.29B | 1.33B | 2B | 1.93B | 1.02B | 1.03B | 1.01B | 962.42M | 947.02M | 1B | 954.7M | 979.9M | 1.13B | 1.46B | 1.58B | 1.44B | 1.71B | 1.83B | 1.84B |
| Net Debt | 1.29B | 1.27B | 1.28B | 1.93B | 1.91B | 886.72M | 834.22M | 740.93M | 707.77M | 805.56M | 1B | 904M | 880.05M | 1.12B | 1.46B | 1.58B | 1.43B | 1.71B | 1.83B | 1.84B |
| Debt / Equity | 0.64x | 0.58x | 0.49x | 0.74x | 0.67x | 0.36x | 0.36x | 0.36x | 0.32x | 0.31x | 0.26x | 0.25x | 0.26x | 0.33x | 0.51x | 0.59x | 0.62x | 0.83x | 1.05x | 0.99x |
| Debt / EBITDA | 4.58x | 5.74x | 3.18x | 8.80x | 6.70x | 4.13x | 4.37x | 5.62x | 4.01x | 3.25x | 4.19x | 2.31x | 2.18x | 1.44x | 1.70x | 2.05x | 1.91x | 2.49x | 3.64x | 4.81x |
| Net Debt / EBITDA | 4.53x | 5.66x | 3.07x | 8.50x | 6.62x | 3.60x | 3.56x | 4.13x | 2.95x | 2.77x | 4.19x | 2.19x | 1.95x | 1.42x | 1.69x | 2.05x | 1.91x | 2.48x | 3.64x | 4.81x |
| Interest Coverage | 3.81x | -0.13x | 1.63x | 4.39x | 1.85x | -2.57x | 4.29x | -2.75x | 4.01x | -38.95x | 4.37x | 7.25x | 10.10x | 40.65x | 19.51x | 26.15x | 16.80x | 24.50x | -8.74x | 28.43x |
| Total Equity | 2.05B | 2.22B | 2.71B | 2.69B | 2.88B | 2.81B | 2.88B | 2.83B | 2.98B | 3.03B | 3.85B | 3.82B | 3.78B | 3.4B | 2.89B | 2.68B | 2.33B | 2.07B | 1.74B | 1.86B |
| Equity Growth % | -28.85% | -21.02% | -5.92% | -4.84% | -3.38% | -7.28% | -25.28% | -25.96% | -21.1% | -10.86% | 33.3% | 42.57% | 62.32% | 64.61% | 66.53% | 44.03% | 65.07% | 123.27% | 77.24% | 80.64% |
| Book Value per Share | 13.42 | 14.51 | 17.48 | 17.29 | 18.52 | 17.45 | 17.87 | 17.57 | 18.22 | 18.53 | 23.15 | 22.84 | 22.52 | 20.84 | 17.15 | 15.85 | 13.83 | 12.76 | 10.71 | 11.28 |
| Total Shareholders' Equity | 2.05B | 2.22B | 2.71B | 2.69B | 2.88B | 2.81B | 2.88B | 2.83B | 2.98B | 3.03B | 3.85B | 3.82B | 3.78B | 3.4B | 2.89B | 2.68B | 2.33B | 2.07B | 1.74B | 1.86B |
| Common Stock | 3.87B | 3.87B | 3.88B | 3.9B | 3.9B | 3.92B | 3.95B | 4.02B | 4.08B | 4.14B | 4.18B | 4.2B | 4.21B | 4.24B | 4.24B | 4.3B | 4.25B | 4.24B | 4.24B | 4.24B |
| Retained Earnings | -2.15B | -1.98B | -1.53B | -1.52B | -1.28B | -1.29B | -1.27B | -1.33B | -1.25B | -1.26B | -458.09M | -503.46M | -626.73M | -1B | -1.38B | -1.63B | -1.98B | -2.25B | -2.6B | -2.45B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 275.62M | 283.53M | 311.76M | 279.37M | 208.52M | 135.85M | 156.49M | 107.87M | 107.65M | 109.3M | 89.49M | 95.83M | 144.61M | 123.5M | -44K | -15.94M | -8.72M | 28.47M | 48.95M | 36.07M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |