Verra Mobility Corp (VRRM)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 265,125 | 421,467 | 231,070 | 259,964 | 346,438 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $265,125K)
= 0.00
The debt-to-capital ratio of Verra Mobility Corp has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt as a significant component of its capital structure during this period. A debt-to-capital ratio of 0.00 typically suggests that the company has either zero debt or a minimal amount of debt relative to its total capital. This low ratio can be seen as a positive indicator of financial stability and a reduced risk of financial distress due to debt obligations. However, it's essential to consider other financial metrics and factors to get a complete picture of the company's financial health and capital management strategies.
Peer comparison
Dec 31, 2024