Vista Energy, S.A.B. de C.V. (VIST) Balance Sheet
VIST balance sheet, 2025
December 31, 2025 · U.S. dollars$7.11B assets = $4.60B liabilities + $2.51B equity
Both columns are drawn to the same scale: what VIST owns equals what it owes plus shareholders’ equity. Hover a block for its value.
VIST financial health
Descriptive bands, not a rating. Fiscal 2025.
VIST balance sheet trends, 2014–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $28.8M2014 | $7.11B2025 | +84.5%/yr | |
| Total liabilities | $6.6M2014 | $4.60B2025 | +106.9%/yr | |
| Shareholders’ equity | $22.1M2014 | $2.51B2025 | +69.2%/yr | |
| Cash & short-term investments | $27.6M2014 | $538.4M2025 | +39.1%/yr | |
| Total debt | $4.5M2014 | $3.30B2025 | +108.4%/yr | |
| Net cash (debt) | $23.1M2014 | −$2.76B2025 | −$2.8B | |
| Working capital | $2.4M2017 | −$140.7M2025 | −$143.1M | |
| Book value per share | $0.102017 | $23.432025 | +97.2%/yr | |
| Current ratio | 9.322017 | 0.862025 | −8.45 | |
| Debt / equity | 0.202014 | 1.312025 | +1.11 | |
| Shares outstanding | 95.4M2017 | 107.2M2025 | +1.5%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
VIST assets
VIST liabilities and equity
VIST debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
VIST balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $538.4M | $764.3M | $213.3M | $245.0M | $315.3M | $203.3M | $247.8M | $87.8M | $2.7M | $27.6M |
| Cash & equivalents | $526.2M | $755.6M | $209.5M | $242.0M | $78.1M | $2.9M | $234.2M | $13.3M | $2.7M | $27.6M |
| Short-term investments | $12.2M | $8.7M | $3.7M | $2.4M | $237.2M | $200.4M | $13.6M | $74.6M | $34.4M | — |
| Receivables | $347.7M | $106.4M | $153.6M | $55.8M | $31.3M | $25.2M | $56.5M | $58.8M | $40.2M | $0 |
| Inventory | $9.5M | $6.5M | $7.5M | $12.9M | $14.0M | $13.9M | $19.1M | $18.2M | $8.2M | $0 |
| Other current assets | $1 | $175.1M | $51.5M | $34.0M | $14.5M | $25.5M | $49.2M | $20.4M | $0 | — |
| Total current assets | $895.6M | $1.05B | $425.9M | $347.7M | $375.1M | $267.8M | $372.6M | $185.1M | $2.7M | — |
| Property, plant & equipment (net) | $5.71B | $2.91B | $1.99B | $1.63B | $1.25B | $1.02B | $933.7M | $820.7M | $259.2M | $0 |
| Goodwill & intangible assets | $41.1M | $38.0M | $32.6M | $35.1M | $32.3M | $49.6M | $62.5M | $60.1M | $1.0M | $0 |
| Long-term investments | $54.5M | $11.9M | $8.6M | $6.4M | $3.0M | $0 | $3.6M | $0 | $0 | $0 |
| Other non-current assets | $409.5M | $218.9M | $142.1M | $16.2M | $23.0M | $30.4M | $12.8M | $20.2M | $392.4M | $28.8M |
| Total assets | $7.11B | $4.23B | $2.60B | $2.04B | $1.68B | $1.37B | $1.39B | $1.09B | $655.4M | $28.8M |
| Liabilities | ||||||||||
| Accounts payable | $399.4M | $435.8M | $204.7M | $196.5M | $119.3M | $117.4M | $59.3M | $73.6M | $20.7M | $284,000 |
| Short-term debt | $405.6M | $104.2M | $96.1M | $80.3M | $170.9M | $196.4M | $69.7M | $10.4M | — | — |
| Deferred revenue | — | — | $3,000 | — | $2.8M | $565,000 | $476,000 | $28.9M | — | — |
| Total current liabilities | $1.04B | $1.06B | $359.4M | $408.3M | $385.7M | $333.7M | $193.0M | $134.1M | $286,211 | $2.0M |
| Long-term debt | $2.80B | $1.40B | $554.8M | $477.6M | $447.8M | $349.6M | $398.5M | $294.4M | $644.6M | $4.5M |
| Lease obligations | $143.9M | $95.7M | $70.5M | $29.2M | $27.1M | $23.7M | $16.8M | — | — | — |
| Other long-term liabilities | $761.1M | $151.1M | $436.8M | $308.0M | $285.0M | $180.8M | $189.9M | $178.0M | $673,804 | $116,000 |
| Total liabilities | $4.60B | $2.61B | $1.35B | $1.19B | $1.12B | $864.1M | $781.4M | $606.5M | $645.6M | $6.6M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $491.2M | $398.1M | $517.9M | $517.9M | $586.7M | $659.4M | $659.4M | $513.3M | $25,424 | $2,000 |
| Retained earnings (deficit) | $1.84B | $1.03B | $571.4M | $209.9M | −$47.1M | −$170.4M | −$67.7M | −$34.9M | −$5.1M | — |
| Accumulated other comprehensive income | $175.9M | $196.0M | $157.8M | −$6.1M | −$6.0M | −$3.5M | −$3.9M | −$2.7M | $14.8M | — |
| Total shareholders' equity | $2.51B | $1.62B | $1.25B | $844.1M | $565.3M | $508.5M | $603.7M | $479.7M | $9.8M | $22.1M |
| Key figures | ||||||||||
| Total debt | $3.30B | $1.54B | $686.5M | $578.5M | $638.0M | $563.5M | $468.2M | $304.8M | $642.1M | $4.5M |
| Net cash (debt) | −$2.76B | −$779.9M | −$473.3M | −$333.6M | −$322.7M | −$360.2M | −$220.4M | −$217.0M | −$639.4M | $23.1M |
| Working capital | −$140.7M | −$5.5M | $66.5M | −$60.7M | −$10.7M | −$65.9M | $179.5M | $51.0M | $2.4M | — |
| Tangible book value | $2.47B | $1.58B | $1.21B | $809.0M | $533.0M | $459.0M | $541.2M | $419.6M | $8.7M | $22.1M |
| Book value per share | $23.43 | $15.73 | $12.57 | $8.63 | $6.06 | $5.81 | $7.54 | $8.47 | $0.10 | — |
| Shares outstanding | 107.2M | 103.1M | 99.2M | 97.8M | 93.3M | 87.5M | 80.1M | 56.6M | 95.4M | — |
| Current ratio | 0.86 | 0.99 | 1.19 | 0.85 | 0.97 | 0.80 | 1.93 | 1.38 | 9.32 | — |
| Quick ratio | 0.86 | 0.82 | 1.02 | 0.74 | 0.90 | 0.68 | 1.58 | 1.09 | 149.74 | 13.46 |
| Debt / equity | 1.31 | 0.95 | 0.55 | 0.69 | 1.13 | 1.11 | 0.78 | 0.64 | 65.72 | 0.20 |
| Equity / assets | 35.3% | 38.3% | 48.0% | 41.4% | 33.6% | 37.0% | 43.6% | 44.2% | 1.5% | 77.0% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $607.6M | $617.5M | $538.4M | $319.7M | $156.3M | $740.8M | $764.3M | $256.0M | $328.2M | $151.7M | $151.7M | $173.8M |
| Cash & equivalents | $118.1M | $239.2M | $526.2M | $314.7M | $72.7M | $733.4M | $755.6M | $249.1M | $321.6M | $144.8M | $144.8M | $170.8M |
| Short-term investments | $489.5M | $378.2M | $12.2M | $5.3M | $83.6M | $6.3M | $8.7M | $7.0M | $6.7M | $6.9M | $6.9M | $2.9M |
| Receivables | $455.2M | $619.7M | $347.7M | $414.8M | $451.0M | $247.6M | $106.4M | $342.9M | $280.3M | $293.1M | $238.9M | $254.8M |
| Inventory | $22.8M | $9.7M | $9.5M | $12.8M | $12.2M | $16.0M | $6.5M | $2.4M | $9.5M | $5.4M | $5.4M | $5.4M |
| Other current assets | $29.2M | $106.0M | $1 | $0 | $23.5M | $11.3M | $175.1M | $6.8M | $0 | $9.7M | $64.0M | $2 |
| Total current assets | $1.11B | $1.35B | $895.6M | $747.2M | $643.0M | $1.02B | $1.05B | $608.1M | $618.1M | $459.9M | $459.9M | $434.1M |
| Property, plant & equipment (net) | $7.52B | $5.85B | $5.71B | $5.41B | $4.89B | $3.15B | $2.91B | $2.65B | $2.40B | $2.15B | $2.15B | $1.90B |
| Goodwill & intangible assets | $39.0M | $38.6M | $41.1M | $35.4M | $36.2M | $37.7M | $38.0M | $33.6M | $32.4M | $32.1M | $32.1M | $30.0M |
| Long-term investments | $74.9M | $63.1M | $54.5M | $50.7M | $48.6M | $40.6M | $11.9M | $10.8M | $9.1M | $8.5M | $8.6M | $7.1M |
| Other non-current assets | $562.8M | $419.3M | $409.5M | $497.9M | $451.9M | $241.9M | $218.9M | $177.9M | $159.2M | $148.9M | $148.7M | $138.2M |
| Total assets | $9.31B | $7.72B | $7.11B | $6.74B | $6.07B | $4.48B | $4.23B | $3.48B | $3.22B | $2.80B | $2.80B | $2.50B |
| Liabilities | ||||||||||||
| Accounts payable | $560.2M | $489.2M | $399.4M | $433.9M | $406.8M | $385.4M | $435.8M | $402.0M | $366.7M | $295.2M | $295.2M | $226.8M |
| Short-term debt | $731.9M | $1.07B | $405.6M | $576.3M | $726.0M | $224.9M | $104.2M | $266.6M | $228.6M | $120.0M | $120.0M | $136.4M |
| Deferred revenue | — | — | — | — | — | — | — | $322.9M | $151.7M | $3,000 | $51.5M | — |
| Total current liabilities | $1.61B | $1.76B | $1.04B | $1.21B | $1.55B | $1.12B | $1.06B | $1.03B | $798.6M | $518.7M | $518.7M | $435.4M |
| Long-term debt | $2.97B | $2.62B | $2.80B | $2.37B | $1.90B | $1.52B | $1.40B | $725.2M | $699.9M | $576.3M | $554.8M | $587.6M |
| Lease obligations | $93.2M | $128.5M | $143.9M | $62.8M | $75.0M | $76.2M | $95.7M | $45.2M | $54.6M | $63.8M | $70.5M | $65.9M |
| Other long-term liabilities | $1.21B | $737.0M | $761.1M | $750.5M | $488.6M | $204.2M | $151.1M | $210.3M | $319.1M | $395.9M | $417.3M | $375.3M |
| Total liabilities | $5.78B | $5.12B | $4.60B | $4.33B | $3.94B | $2.84B | $2.61B | $1.96B | $1.82B | $1.49B | $1.49B | $1.40B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $816.2M | $491.2M | $491.2M | $647.8M | $697.8M | $398.1M | $398.1M | $418.0M | $467.9M | $517.9M | $517.9M | $517.9M |
| Retained earnings (deficit) | $2.12B | $1.95B | $1.84B | $1.60B | $1.29B | $1.10B | $1.03B | $905.1M | $789.7M | $650.0M | $650.0M | $473.9M |
| Accumulated other comprehensive income | −$3.4M | −$2.8M | $175.9M | −$12.3M | −$4.0M | −$2.8M | $196.0M | −$5.9M | $144.9M | $136.9M | $136.9M | $114.6M |
| Minority interest | $190.0M | — | — | — | — | — | — | — | — | — | — | — |
| Total shareholders' equity | $3.34B | $2.60B | $2.51B | $2.41B | $2.12B | $1.64B | $1.62B | $1.52B | $1.40B | $1.30B | $1.30B | $1.11B |
| Key figures | ||||||||||||
| Total debt | $3.75B | $3.77B | $3.30B | $2.99B | $2.67B | $1.78B | $1.54B | $1.02B | $959.6M | $729.9M | $729.9M | $754.5M |
| Net cash (debt) | −$3.15B | −$3.15B | −$2.76B | −$2.67B | −$2.52B | −$1.04B | −$779.9M | −$764.5M | −$631.4M | −$578.3M | −$578.3M | −$580.7M |
| Working capital | −$496.4M | −$406.0M | −$140.7M | −$464.2M | −$908.7M | −$100.3M | −$5.5M | −$417.7M | −$180.5M | −$58.8M | −$58.8M | −$1.3M |
| Tangible book value | $3.30B | $2.56B | $2.47B | $2.37B | $2.09B | $1.60B | $1.58B | $1.49B | $1.37B | $1.27B | $1.27B | $1.08B |
| Book value per share | $29.13 | $23.58 | $23.43 | $22.14 | $19.54 | $16.28 | $15.78 | $15.27 | $13.96 | $13.14 | $13.14 | $10.93 |
| Shares outstanding | 114.5M | 110.3M | 107.2M | 108.7M | 108.7M | 100.9M | 102.7M | 99.6M | 100.5M | 99.3M | 99.3M | 101.2M |
| Current ratio | 0.69 | 0.77 | 0.86 | 0.62 | 0.41 | 0.91 | 0.99 | 0.59 | 0.77 | 0.89 | 0.89 | 1.00 |
| Quick ratio | 0.66 | 0.70 | 0.86 | 0.61 | 0.39 | 0.89 | 0.82 | 0.58 | 0.76 | 0.86 | 0.75 | 0.98 |
| Debt / equity | 1.13 | 1.45 | 1.31 | 1.24 | 1.26 | 1.08 | 0.95 | 0.67 | 0.68 | 0.56 | 0.56 | 0.68 |
| Equity / assets | 35.8% | 33.7% | 35.3% | 35.7% | 35.0% | 36.6% | 38.3% | 43.7% | 43.6% | 46.7% | 46.7% | 44.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed April 28, 2026); data from EODHD.
VIST financial position
At the end of fiscal 2025 (December 31, 2025), Vista Energy, S.A.B. de C.V. had total assets of $7.1 billion (up 68.1% from a year earlier), total liabilities of $4.6 billion and shareholders' equity of $2.5 billion. It held $538.4 million in cash and short-term investments against $3.3 billion of debt, net debt of $2.8 billion. Its current ratio was 0.86. In the latest quarter (ended June 30, 2026) total assets were $9.3 billion and equity $3.3 billion.
Related: VIST income statement, VIST cash flow statement, VIST key metrics. See the VIST stock overview for the latest quote and news.
VIST balance sheet FAQ
What are Vista Energy, S.A.B. de C.V.'s total assets?
Vista Energy, S.A.B. de C.V. reported total assets of $7.1 billion at the end of fiscal 2025 (December 31, 2025), compared with $4.2 billion a year earlier.
How much debt does Vista Energy, S.A.B. de C.V. have?
Vista Energy, S.A.B. de C.V. had $3.3 billion of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 1.31.
How much cash does Vista Energy, S.A.B. de C.V. have?
Vista Energy, S.A.B. de C.V. held $538.4 million in cash and short-term investments at the end of fiscal 2025; with $3.3 billion of debt that is net debt of $2.8 billion.
What is Vista Energy, S.A.B. de C.V.'s book value?
Vista Energy, S.A.B. de C.V.'s shareholders' equity (book value) was $2.5 billion at the end of fiscal 2025, or $23.43 per share.
What is Vista Energy, S.A.B. de C.V.'s current ratio?
Vista Energy, S.A.B. de C.V. had current assets of $895.6 million and current liabilities of $1.0 billion, a current ratio of 0.86 (current liabilities exceed current assets).
How much goodwill does Vista Energy, S.A.B. de C.V. have?
Vista Energy, S.A.B. de C.V. carried $41.1 million of goodwill and intangible assets, 0.6% of total assets, at the end of fiscal 2025.