Verra Mobility Corp (VRRM)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $265,125K
= 0.00
The debt-to-equity ratio for Verra Mobility Corp has consistently been 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has been financing its operations primarily through equity rather than debt. A debt-to-equity ratio of 0.00 suggests that there is no financial leverage in the company's capital structure, which can be viewed positively as it signifies a lower financial risk and greater financial stability. However, it is important to note that a very low debt-to-equity ratio may also indicate missed opportunities for leveraging debt to potentially increase returns for shareholders. Overall, Verra Mobility Corp's consistent 0.00 debt-to-equity ratio highlights a conservative financial strategy with a minimal reliance on debt financing.
Peer comparison
Dec 31, 2024