VECTOR GROUP LTD【VGR】Balance sheet

Market cap

$2.4B

P/E ratio

12.9x

	2010/12	2011/12	2012/12	2013/12	2014/12	2015/12	2016/12	2017/12	2018/12	2019/12	2020/12	2021/12	2022/12	2023/12
Cash and cash equivalents	300	241	406	234	326	240	394	301	592	379	366	193	225	269
Marketable securities, current	79	76	70	173	269	182	157	150	-	-	-	-	-	-
Total cash & short-term investments	379	317	476	407	595	422	550	452	592	379	366	193	225	269
Accounts receivable, net	2	25	11	12	23	24	19	29	34	37	41	16	41	26
Inventories	107	109	100	93	90	87	90	90	91	99	98	95	92	92
Total current assets	527	510	639	588	858	584	705	614	872	682	664	472	492	510
Property, plant and equipment, net	55	57	57	79	84	76	80	86	87	82	78	-	-	-
Total non-current assets	423	418	448	672	716	727	699	715	677	823	680	399	416	424
Total assets	950	928	1,087	1,260	1,573	1,311	1,404	1,328	1,550	1,505	1,343	871	909	934
Accounts payable	9	10	6	27	-	-	-	-	-	-	-	-	-	-
Long-term debt, current	51	51	37	152	53	9	40	34	256	209	13	-	-	-
Total current liabilities	227	315	195	405	270	216	196	205	485	461	283	165	176	145
Long-term debt, non-current	506	493	587	541	861	886	1,133	1,194	1,387	1,397	1,394	-	-	-
Total non-current liabilities	769	702	971	877	1,281	1,217	1,461	1,455	1,612	1,729	1,720	1,547	1,541	1,531
Total liabilities	996	1,017	1,166	1,282	1,551	1,433	1,657	1,660	2,097	2,190	2,003	1,713	1,716	1,676
Common stock and paid-in capital	7	8	9	10	11	12	13	13	14	15	15	27	21	27
Retained earnings	-45	-80	-65	-115	-90	-210	-334	-415	-542	-678	-654	-852	-812	-756
Stockholders' equity	-46	-89	-79	-22	22	-122	-253	-332	-547	-685	-660	-842	-808	-742
Total debt	557	544	624	692	913	865	1,172	1,228	1,643	1,606	1,406	-	-	-
Net debt	179	227	148	285	318	443	622	776	1,051	1,227	1,041	-	-	-
D/E ratio (%)	-1,205.6	-611.3	-787	-3,204	4,141.8	-708.1	-462.9	-370.2	-300.1	-234.5	-213.2	-	-	-
Working capital					-	-	-	-	-	-	-	-	-	-