Verra Mobility Corp (VRRM)
Debt-to-assets ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 1,614,490 | 1,850,580 | 1,773,000 | 1,769,860 | 1,789,980 | 1,756,080 | 1,906,160 | 1,710,890 | 1,756,270 | 1,718,330 | 1,779,860 | 1,824,480 | 1,837,060 | 1,481,920 | 1,559,190 | 1,497,210 | 1,367,320 | 1,371,970 | 1,355,120 | 1,374,130 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,614,490K
= 0.00
The debt-to-assets ratio of Verra Mobility Corp has consistently been recorded as 0.00 from March 2020 to December 2024 based on the provided data. This indicates that Verra Mobility Corp has been able to finance its assets primarily through equity rather than debt during this period. A debt-to-assets ratio of 0.00 means that there is no debt in relation to the total assets of the company, which can be considered a favorable indicator of financial stability and lower financial risk. It suggests that the company may have a strong solvency position and sufficient capital to support its operations without relying heavily on borrowing.
Peer comparison
Dec 31, 2024