Verra Mobility Corp (VRRM)

Debt-to-capital 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 stockholders’ equity US$ in thousands 265,125 486,546 438,627 448,995 421,467 404,056 465,300 237,108 231,070 194,891 244,223 275,815 259,964 243,666 316,425 308,518 346,438 343,922 331,750 344,400
Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $265,125K)
= 0.00

The debt-to-capital ratio for Verra Mobility Corp has been consistently at 0.00 for all the reporting periods from March 31, 2020, to December 31, 2024. A debt-to-capital ratio of 0.00 indicates that the company has no debt in its capital structure during these periods. This suggests that Verra Mobility has been financing its operations and investment activities primarily through equity financing rather than debt financing.

A debt-to-capital ratio of 0.00 can be seen as a positive indicator, as it implies that the company is not overly reliant on debt to fund its operations. However, it is important to note that solely looking at the debt-to-capital ratio may not provide a complete picture of a company's financial health. Other factors such as profitability, liquidity, and efficiency should also be considered when assessing the overall financial condition of Verra Mobility Corp.