Verra Mobility Corp (VRRM)

Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $265,125K
= 0.00

Verra Mobility Corp has consistently maintained a debt-to-equity ratio of 0.00 across all reporting periods from March 2020 to December 2024. This indicates that the company has not utilized any debt to finance its operations or expansion and relies solely on equity financing. A debt-to-equity ratio of 0.00 typically signifies that the company has no financial leverage and is not exposed to the risks associated with debt obligations.

While having a low or zero debt-to-equity ratio can be perceived positively in terms of lower financial risk and potential for financial distress, it is also important to consider the potential opportunity cost of not leveraging debt for growth or capital structure optimization.

Overall, Verra Mobility Corp's consistent 0.00 debt-to-equity ratio reflects a conservative financial approach with a strong reliance on equity financing, potentially indicating a stable financial position with minimal debt-related risks.