Vermilion Energy Inc. balance sheet

At the end of fiscal 2024, Vermilion Energy Inc. had total assets of $4.25bn, total liabilities of $2.29bn and shareholders' equity of $1.95bn. It held $91.5m in cash against $669m of debt: net debt of $578m.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Vermilion Energy Inc.: balance sheet, annual
Fiscal year	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Cash and equivalents	47	37	20	22	5	5	10	107	91	14
Receivables	98	132	191	163	154	257	276	184	207	—
Total current assets	168	209	315	268	205	370	528	624	404	—
Total assets	3,044	3,176	4,596	4,526	3,222	4,622	5,166	4,723	4,247	—
Total current liabilities	217	290	413	321	340	584	659	527	424	—
Long-term debt	1,015	1,015	1,316	1,485	1,516	1,293	799	692	669	907
Total debt	1,015	1,015	1,316	1,485	1,516	1,293	799	692	669	907
Total liabilities	1,869	1,943	2,531	2,633	2,496	3,005	2,653	2,427	2,295	—
Shareholders' equity	1,176	1,233	2,065	1,893	726	1,617	2,513	2,296	1,952	1,620
Net debt (negative = net cash)	968	978	1,297	1,462	1,511	1,288	789	585	578	893
Shares outstanding	118m	122m	153m	156m	159m	162m	163m	162m	154m	153m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Vermilion Energy Inc.'s SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Vermilion Energy Inc.