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Vitesse Energy VTS Increase (Decrease) in Prepaid Expense and Other Assets

Increase (Decrease) in Prepaid Expense and Other Assets at other companies

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Northern Oil and GasNOG
$1.32M+258%
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W&T OffshoreWTI
$2.91M+633%
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Vaalco EnergyEGY
$773K+0.5%
SOC
Sable Offshore Corp.SOC
-$892K-134%
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CVR EnergyCVI
$16M+167%
Permian Resources logo
Permian ResourcesPR

Other financials

Income statement

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Revenue$67.4M+1.9%
Operating income$5.9M+9.9%
Net income-$42.3M-1,685%
EPS (diluted)-$1.05-1,413%

Balance sheet

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Cash & equivalents$3.2M-29.3%
Total debt$4.8M+0.8%
Total equity$570.4M-14.6%
Total assets$882.6M-9.5%

Cash flow

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Operating cash flow$24.0M+37.4%
CapEx--100%
Free cash flow$24.0M+37.4%

Valuation

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Market cap$649.88M-27.5%
P/S2.4×-1.3×

Profitability

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Operating margin9.7%-13.3pp
Net margin-6.9%
FCF margin64.3%+10.4pp

Returns & leverage

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Return on equity-3.1%
Debt / equity0.0×
Current ratio0.6×-0.2×

Where this comes from

Reported directly by Vitesse Energy in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets.

The official record: Vitesse Energy’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Vitesse Energy's increase (decrease) in prepaid expense and other assets?
Vitesse Energy (VTS) reported increase (decrease) in prepaid expense and other assets of -$1.75M in Q1 2026.
How has Vitesse Energy's increase (decrease) in prepaid expense and other assets changed year-over-year?
Vitesse Energy's increase (decrease) in prepaid expense and other assets decreased by 306.1% year-over-year, from $851K to -$1.75M.
What is the long-term trend for Vitesse Energy's increase (decrease) in prepaid expense and other assets?
Over 2 years (2022 to 2025), Vitesse Energy's increase (decrease) in prepaid expense and other assets has grown at a -37.8% compound annual growth rate (CAGR), from $905K to $350K.
What does increase (decrease) in prepaid expense and other assets mean?
This tracks changes in cash paid in advance for goods or services that will be consumed in future periods. It reflects the timing difference between cash outflows and the recognition of related expenses on the income statement.