What is VICTORY OILFIELD TECH INC's earnings per share (EPS)?

VICTORY OILFIELD TECH INC (VYEY) reported diluted earnings per share of -$0.02 for fiscal year 2023. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

VICTORY OILFIELD TECH INC (VYEY) Financials

VYEY

FY2023 annual

Revenue $0 YoY not available

Net Income -$539K -67.6% YoY

EPS (Diluted) -$0.02 YoY not available

Operating Cash Flow -$199K -101.7% YoY

Source SEC Filings (10-K/10-Q) Latest period Q3 FY2024, ended Sep 30, 2024 Reported Nov 19, 2024 Currency USD FYE December

Newest figures come from the 10-Q for Q3 FY2024, filed Nov 19, 2024. Each column of the statement tables below links to the filing it was taken from.

VICTORY OILFIELD TECH INC (VYEY) reported $0 in revenue for fiscal year 2023. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 14 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI VYEY FY2023 2026-08-30

External financing is the operating support: persistent overhead losses and a negative-equity balance sheet outweigh the small revenue base.

By FY2021, operating cash flow was -$658K versus a net loss of -$261K, showing that reported earnings understated the cash absorbed by operations. Financing supplied cash while liabilities of $4.1M dwarfed assets of $764K, making outside funding part of the operating structure.

Gross margin compressed from 53.9% in FY2019 to 39.7% in FY2021, weakening the economics of each remaining dollar of sales. In FY2021, SG&A of $1.0M exceeded gross profit of $324K, so overhead consumed the entire gross-profit pool before interest.

The current ratio deteriorated from 0.2x in FY2019 to 0.1x in FY2021, leaving short-term assets as only a small fraction of near-term obligations. Negative equity reached -$3.4M in FY2021, making conventional debt-to-equity interpretation less useful than the underlying asset-liability imbalance.

Financial Health Signals

Financial health score not available

VICTORY OILFIELD TECH INC does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Piotroski F-Score Partial

1/7

VICTORY OILFIELD TECH INC passes 1 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.

Earnings Quality No Cash Backing

N/A

VICTORY OILFIELD TECH INC reported a net loss of $539K while operations used $199K of cash. With neither figure positive, the ratio between the two carries no quality signal.

Interest Coverage At Risk

N/A

VICTORY OILFIELD TECH INC reported an operating loss of $804K against $28K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.

Key Financial Metrics

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Earnings & Revenue

Revenue

VICTORY OILFIELD TECH INC generated $0 in revenue in Q3 2024.

EPS (Diluted)

$0.00

VICTORY OILFIELD TECH INC earned $0.00 per diluted share (EPS) in Q3 2024.

EBITDA

Not reported for Q3 2024.

Net Income

Not reported for Q3 2024.

Cash & Balance Sheet

Cash & Debt

$19K

YoY-41.2%

QoQ-83.5%

5Y CAGR-39.2%

10Y CAGR-8.4%

VICTORY OILFIELD TECH INC held $19K in cash as of Q3 2024; long-term debt is not reported for that period.

Shares Outstanding

531M

QoQ0.0%

5Y CAGR+80.1%

10Y CAGR+33.8%

VICTORY OILFIELD TECH INC had 531M shares outstanding in Q3 2024. It is unchanged from the prior quarter.

Free Cash Flow

Not reported for Q3 2024.

Dividends Per Share

Not reported for Q3 2024.

Margins & Returns

None of these metrics is reported for Q3 2024.

Capital Allocation

Capital Expenditures

$90K

QoQ-55.3%

VICTORY OILFIELD TECH INC invested $90K in capex in Q3 2024, funding long-term assets and infrastructure. Against the prior quarter it is down 55.3%.

R&D Spending

Not reported for Q3 2024.

Share Buybacks

Not reported for Q3 2024.

VYEY Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

VYEY quarterly income statement

Metric	TTM	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K	FY1010-K
Revenue	N/A	$0	$0-100.0%	$815K-4.2%	$851K-61.4%	$2.2M+113.1%	$1.0M	N/A	$441K-65.8%	$1.3M+85.2%	$695K-5.5%	$735K+125.3%	$326K+6.9%	$305K-20.9%	$386K
Cost of Revenue	N/A	$0	$0-100.0%	$492K-8.5%	$537K-47.1%	$1.0M+101.5%	$504K	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	$0	$0-100.0%	$324K+3.1%	$314K-73.6%	$1.2M+124.1%	$530K	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	$804K+83.8%	$438K-57.6%	$1.0M-11.4%	$1.2M-31.7%	$1.7M-87.0%	$13.1M+497.5%	$2.2M+23.9%	$1.8M-59.7%	$4.4M+63.3%	$2.7M+78.2%	$1.5M-46.6%	$2.8M+34.8%	$2.1M+237.7%	$620K
Operating Income	N/A	-$804K-83.8%	-$438K+39.9%	-$729K+16.3%	-$871K+74.4%	-$3.4M	N/A	-$2.2M-23.5%	-$1.8M+63.1%	-$4.8M	N/A	-$2.2M+30.4%	-$3.1M-14.9%	-$2.7M-606.4%	-$381K
EBITDA	N/A	-$931K-123.9%	-$416K+41.2%	-$708K+16.8%	-$851K+72.8%	-$3.1M	N/A	-$2.1M-27.9%	-$1.6M	N/A	N/A	-$1.8M+41.7%	-$3.0M-16.6%	-$2.6M	N/A
Interest Expense	N/A	$28K+57.2%	$18K-70.0%	$59K-32.8%	$88K-55.7%	$198K-19.6%	$246K-27.3%	$338K+152.2%	$134K+19.2%	$112K+72.5%	$65K+7753.1%	$830-100.0%	$4.0M+120.9%	$1.8M+3387.3%	$52K
Income Tax	N/A	$0	$0	N/A	$3K	N/A	-$94K	$0	$0	$0	$0	$0	N/A	$550K	N/A
Net Income	N/A	-$539K-67.6%	-$321K-23.2%	-$261K-127.3%	$954K+127.0%	-$3.5M	N/A	-$20.7M-1019.0%	-$1.9M+55.7%	-$4.2M-30.1%	-$3.2M-90.3%	-$1.7M+75.0%	-$6.7M-64.2%	-$4.1M-848.8%	-$433K
EPS (Basic)	N/A	-$0.02-100.0%	-$0.010.0%	-$0.01+66.7%	-$0.03+76.9%	-$0.13	N/A	-$19.93-759.1%	-$2.32	N/A	N/A	N/A	N/A	N/A	N/A
EPS (Diluted)	-$0.02	-$0.02	-$0.010.0%	-$0.01+66.7%	-$0.03+76.9%	-$0.13	N/A	-$18.14	-$2.31	N/A	N/A	N/A	N/A	N/A	N/A
Diluted Shares (Avg)	N/A	28M	28M0.0%	28M0.0%	28M+815.1%	3M-85.6%	21M	1M	824,515	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'2410-Q	Q2'2410-Q	Q1'2410-Q	Q4'2310-Q	Q3'2310-Q	Q2'2310-Q	Q1'2310-Q	Q4'2210-K
Revenue	$0	$0	$0	N/A	$0-100.0%	$0-100.0%	$0-100.0%	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	$138K-42.0%	$241K-17.6%	$176K+2.5%	N/A
Gross Profit	N/A	N/A	N/A	N/A	-$138K-252.4%	-$241K-191.0%	-$176K-208.5%	N/A
SG&A Expenses	$43K-91.1%	$185K-41.3%	$192K-35.7%	N/A	$476K+74.7%	$315K-9.7%	$299K+31.7%	N/A
Operating Income	N/A	N/A	N/A	N/A	-$124K+34.3%	-$44K+50.4%	-$30K+57.8%	N/A
EBITDA	N/A	N/A	N/A	N/A	-$119K+34.7%	-$39K+53.2%	-$24K+62.8%	N/A
Interest Expense	$2K-18.0%	$2K-5.4%	$4K+7.4%	N/A	$2K-58.5%	$2K-83.3%	$4K-65.1%	N/A
Income Tax	$0	$0	$0	N/A	$0	$0	$0	N/A
Net Income	N/A	N/A	N/A	N/A	-$125K+12.3%	-$46K-759.5%	-$31K+61.7%	N/A
EPS (Basic)	$0.00	$0.00	-$0.01	-$0.01	$0.00+100.0%	$0.00	$0.00	$0.00
EPS (Diluted)	$0.00	$0.00	-$0.01	-$0.01	$0.00+100.0%	$0.00	$0.00	$0.00
Diluted Shares (Avg)	531M	531M	523M	N/A	419M+1393.8%	419M+1033.8%	419M+1393.8%	N/A

Not reported in any period shown, so not listed: R&D Expenses.

VYEY Balance Sheet

VYEY quarterly balance sheet

Metric	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K	FY1010-K
Total Assets	$247K-64.3%	$693K-9.3%	$764K-28.4%	$1.1M-30.2%	$1.5M-65.5%	$4.4M-75.0%	$17.8M+1906.2%	$886K-7.9%	$962K-20.1%	$1.2M-50.3%	$2.4M+30.3%	$1.9M+22.5%	$1.5M+99.0%	$763K
Current Assets	$241K-16.9%	$290K+10.3%	$262K-39.8%	$436K-42.3%	$756K+17.0%	$646K+366.9%	$138K+24.9%	$111K+127.0%	$49K-74.4%	$191K-2.0%	$195K-49.4%	$384K-34.2%	$584K+176.6%	$211K
Cash & Equivalents	$241K+2269.8%	$10K-80.8%	$53K-72.5%	$192K+1026.4%	$17K-77.7%	$77K+214.8%	$24K-56.8%	$56K+2268.1%	$2K-18.9%	$3K-85.9%	$21K-86.8%	$158K-66.7%	$476K+326.3%	$112K
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	N/A	$32K+29.5%	$25K+46.5%	$17K-66.0%	$50K-20.0%	$63K	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	$163K+6.4%	$153K+2.3%	$150K-70.6%	$510K+27.8%	$399K	$0-100.0%	$44K+17.7%	$38K-9.3%	$42K-64.3%	$117K-26.0%	$157K+98.9%	$79K+5.8%	$75K
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	N/A	$145K0.0%	$145K0.0%	$145K0.0%	$145K0.0%	$145K	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$1.5M+112.6%	$719K-82.7%	$4.1M-1.0%	$4.2M+11.3%	$3.8M+16.2%	$3.2M+73.1%	$1.9M-83.3%	$11.2M+17.8%	$9.5M+50.7%	$6.3M+29.0%	$4.9M+1463.0%	$313K-74.8%	$1.2M+21.4%	$1.0M
Current Liabilities	N/A	N/A	$3.9M+0.9%	$3.9M+2.9%	$3.8M+34.3%	$2.8M+49.7%	$1.9M-43.4%	$3.3M-7.8%	$3.6M+36.3%	$2.6M+289.3%	$676K+147.5%	$273K-60.4%	$689K+9.2%	$631K
Non-Current Liabilities	N/A	$262K+9.1%	$240K-24.8%	$319K	$0-100.0%	$437K	$0-100.0%	$7K-92.5%	$95K+134.0%	$40K-22.1%	$52K+30.2%	$40K	N/A	$393K
Long-Term Debt	$0	$0-100.0%	$240K-24.8%	$319K	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$1.3M-4938.5%	-$25K+99.2%	-$3.4M-8.4%	-$3.1M-39.7%	-$2.2M-286.7%	$1.2M-92.5%	$15.9M+254.1%	-$10.3M-20.6%	-$8.5M-67.4%	-$5.1M-106.8%	-$2.5M-259.7%	$1.5M+462.8%	$275K+187.9%	-$313K
Retained Earnings	-$1.7M+98.3%	-$99.2M-0.3%	-$98.9M-0.3%	-$98.7M-1.0%	-$97.7M-3.7%	-$94.2M-40.8%	-$66.9M-44.9%	-$46.1M-4.2%	-$44.3M-10.4%	-$40.1M-8.7%	-$36.9M-4.8%	-$35.2M+2.4%	-$36.1M-12.3%	-$32.1M

Metric	Q3'2410-Q	Q2'2410-Q	Q1'2410-Q	Q4'2310-Q	Q3'2310-Q	Q2'2310-Q	Q1'2310-Q	Q4'2210-K
Total Assets	$37K-95.6%	$147K-78.6%	$77K-88.5%	$247K-64.3%	$850K+8.3%	$687K-28.8%	$666K-22.9%	$693K-9.3%
Current Assets	$34K-93.8%	$143K-61.5%	$71K-76.7%	$241K-16.9%	$551K+63.5%	$371K-21.6%	$306K-24.0%	$290K+10.3%
Cash & Equivalents	$19K-41.2%	$116K+60.0%	$35K+36.2%	$241K+2269.8%	$33K-67.7%	$73K+141.7%	$26K-24.0%	$10K-80.8%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	N/A	N/A	N/A	N/A	$17K-56.1%	$18K-17.3%	$40K-3.9%	$32K+29.5%
Accounts Receivable	N/A	N/A	N/A	N/A	$223K+46.5%	$246K-27.2%	$195K-4.7%	$163K+6.4%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	N/A	N/A	N/A	N/A	$145K0.0%	$145K0.0%	$145K0.0%	$145K0.0%
Total Liabilities	$1.6M+44.1%	$836K+5.9%	$852K+17.9%	$1.5M+112.6%	$1.1M-75.4%	$790K-82.1%	$723K-83.3%	$719K-82.7%
Non-Current Liabilities	N/A	N/A	N/A	N/A	$161K-38.7%	$163K-38.2%	$260K+8.4%	$262K+9.1%
Long-Term Debt	N/A	N/A	N/A	$0	N/A	N/A	N/A	$0-100.0%
Total Equity	-$1.5M-565.0%	-$689K-572.1%	-$776K-1272.4%	-$1.3M-4938.5%	-$228K+93.7%	-$103K+97.0%	-$57K+98.4%	-$25K+99.2%
Retained Earnings	-$7.8M+92.2%	-$6.6M+93.3%	-$5.5M+94.4%	-$1.7M+98.3%	-$99.6M-0.5%	-$99.3M-0.4%	-$99.4M-0.4%	-$99.2M-0.3%

Not reported in any period shown, so not listed: Current Liabilities.

VYEY Cash Flow Statement

VYEY quarterly cash flow statement

Metric	TTM	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K	FY1010-K
Operating Cash Flow	N/A	-$199K-101.7%	-$99K+85.0%	-$658K-29.5%	-$508K-36.6%	-$372K+73.5%	-$1.4M+27.7%	-$1.9M+4.4%	-$2.0M-16.6%	-$1.7M-52.9%	-$1.1M-96.0%	-$580K+78.1%	-$2.6M-33.2%	-$2.0M-492.3%	-$336K
Depreciation & Amortization	N/A	-$127K-685.0%	$22K+5.9%	$21K+4.6%	$20K-92.6%	$265K-56.8%	$614K+572.0%	$91K-31.0%	$132K	N/A	N/A	$378K+639.5%	$51K-38.1%	$83K	N/A
Stock-Based Compensation	N/A	-$95K	$0+100.0%	-$171K-356.8%	$67K-33.3%	$100K-99.1%	$11.4M+3553.9%	$312K+260.1%	$87K-84.7%	$567K+15.7%	$490K+840.7%	$52K-72.8%	$192K+77.5%	$108K	N/A
Investing Cash Flow	N/A	-$983K	$0+100.0%	-$33K-238.2%	-$10K	N/A	-$564K-17384.1%	$3K-95.9%	$79K+107.4%	-$1.1M-1983.9%	-$51K+97.3%	-$1.9M-266.5%	-$517K+13.6%	-$598K-2290.9%	-$25K
Financing Cash Flow	N/A	N/A	$191K-65.5%	$552K-20.4%	$693K+121.8%	$312K-84.5%	$2.0M+6.0%	$1.9M-5.0%	$2.0M-28.4%	$2.8M+139.0%	$1.2M-49.9%	$2.3M-18.0%	$2.8M-3.5%	$3.0M+555.3%	$450K

Metric	Q3'2410-Q	Q2'2410-Q	Q1'2410-Q	Q4'2310-Q	Q3'2310-Q	Q2'2310-Q	Q1'2310-Q	Q4'2210-K
Operating Cash Flow	N/A	N/A	-$47K-65.8%	$25K	-$164K-362.6%	-$32K-8.3%	-$29K+70.1%	N/A
Depreciation & Amortization	N/A	N/A	N/A	N/A	$4K-21.3%	$5K-7.1%	$5K+4.2%	N/A
Stock-Based Compensation	$0	$0	$3.9M	N/A	$0	$0	$0	N/A
Capital Expenditures	$90K	$201K	N/A	N/A	$0	$0	$0	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	-$164K	-$32K	-$29K	N/A
Investing Cash Flow	-$90K	-$201K	N/A	-$983K	$0	$0	$0	N/A
Financing Cash Flow	N/A	N/A	N/A	N/A	$262K+2945.6%	$20K-79.3%	$15K-80.5%	N/A

Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.

VYEY Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

VYEY quarterly financial ratios

Metric	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K	FY1010-K
Gross Margin	N/A	N/A	39.7%+2.8pp	36.9%-17.0pp	53.9%+2.7pp	51.3%	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	-89.4%	-102.3%	-154.2%	N/A	N/A	-402.4%	-372.8%	N/A	-292.5%	-946.6%	-881.1%	-98.7%
Net Margin	N/A	N/A	-32.0%	112.0%	-160.2%	N/A	N/A	-420.1%	-324.4%	-461.7%	-229.3%	-2064.9%	-1345.3%	-112.1%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	-130.3%	N/A	N/A	N/A	N/A	-435.7%+1057.9pp	-1493.6%	N/A
Return on Assets	-217.9%-171.5pp	-46.4%-12.2pp	-34.1%-123.4pp	89.3%+320.3pp	-230.9%	N/A	-116.6%+92.4pp	-209.1%+225.2pp	-434.3%-167.6pp	-266.7%-197.1pp	-69.6%+292.8pp	-362.4%-91.9pp	-270.4%-213.7pp	-56.7%
Current Ratio	N/A	N/A	0.070.0x	0.11-0.1x	0.200.0x	0.23+0.2x	0.070.0x	0.030.0x	0.01-0.1x	0.07-0.2x	0.29-1.1x	1.41+0.6x	0.85+0.5x	0.33
Debt-to-Equity	N/A	N/A	N/A	N/A	N/A	2.71+2.6x	0.12	N/A	N/A	N/A	N/A	0.20-4.3x	4.52	N/A
Asset Turnover	0.000.0x	0.00-1.1x	1.07+0.3x	0.80-0.6x	1.44+1.2x	0.23	N/A	0.50-0.8x	1.34+0.8x	0.58+0.3x	0.30+0.1x	0.180.0x	0.20-0.3x	0.51

Metric	Q3'2410-Q	Q2'2410-Q	Q1'2410-Q	Q4'2310-Q	Q3'2310-Q	Q2'2310-Q	Q1'2310-Q	Q4'2210-K
Return on Assets	N/A	N/A	N/A	N/A	-14.8%+3.5pp	-6.7%-7.4pp	-4.7%+4.7pp	N/A
Asset Turnover	0.000.0x	0.000.0x	0.000.0x	N/A	0.00-0.4x	0.00-0.6x	0.00-0.4x	N/A

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Current Ratio, Debt-to-Equity, FCF Margin.

Note: Shareholder equity is negative (-$1.3M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
VICTORY OILFIELD TECH INC VYEY	FY2023	$0	-$539K	N/A	$212K	—
SMG INDUSTRIES INC SMGI	FY2022	$71.0M	-$11.6M	-16.4%	$295K	—
ENSERVCO CORP ENSV	FY2023	$22.1M	-$8.5M	-38.6%	$3.7M	—
KOIL ENERGY SOLUTIONS INC KLNG	FY2025	$24.1M	-$38K	-0.2%	$35.8M	—

Where VICTORY OILFIELD TECH INC Ranks

Frequently Asked Questions

What is VICTORY OILFIELD TECH INC's annual revenue?

VICTORY OILFIELD TECH INC (VYEY) reported $0 in total revenue for fiscal year 2023. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Is VICTORY OILFIELD TECH INC profitable?

No, VICTORY OILFIELD TECH INC (VYEY) reported a net income of -$539K in fiscal year 2023.

What is VICTORY OILFIELD TECH INC's EBITDA?

VICTORY OILFIELD TECH INC (VYEY) had EBITDA of -$931K in fiscal year 2023, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does VICTORY OILFIELD TECH INC have?

As of fiscal year 2023, VICTORY OILFIELD TECH INC (VYEY) had $241K in cash and equivalents against $0 in long-term debt.

What is VICTORY OILFIELD TECH INC's operating cash flow?

VICTORY OILFIELD TECH INC (VYEY) recorded an outflow of $199K in operating cash flow during fiscal year 2023, representing cash used by core business activities.

What are VICTORY OILFIELD TECH INC's total assets?

VICTORY OILFIELD TECH INC (VYEY) had $247K in total assets as of fiscal year 2023, including both current and long-term assets.

How many shares does VICTORY OILFIELD TECH INC have outstanding?

VICTORY OILFIELD TECH INC (VYEY) had 419M shares outstanding as of fiscal year 2023.

What is VICTORY OILFIELD TECH INC's return on assets (ROA)?

VICTORY OILFIELD TECH INC (VYEY) had a return on assets of -217.9% for fiscal year 2023, measuring how efficiently the company uses its assets to generate profit.

How does VICTORY OILFIELD TECH INC's liquidity compare with its operating cash outflow?

At the end of fiscal year 2023, VICTORY OILFIELD TECH INC (VYEY) held $241K in cash, cash equivalents and investments, and reported an operating cash outflow of $199K over that year. Dividing the one by the other, the reported balance equals about 14 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.

Why is VICTORY OILFIELD TECH INC's debt-to-equity ratio negative or not reported?

VICTORY OILFIELD TECH INC (VYEY) has negative shareholder equity of -$1.3M as of fiscal year 2023, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

What is VICTORY OILFIELD TECH INC's Piotroski F-Score?

VICTORY OILFIELD TECH INC (VYEY) has a Piotroski F-Score of 1 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are VICTORY OILFIELD TECH INC's earnings high quality?

VICTORY OILFIELD TECH INC (VYEY) reported a net loss of $539K while operations used $199K of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can VICTORY OILFIELD TECH INC cover its interest payments?

VICTORY OILFIELD TECH INC (VYEY) reported an operating loss of $804K against $28K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.