Verra Mobility Corp (VRRM)
Financial leverage 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Financial leverage ratio | 6.09 | 3.80 | 4.04 | 3.94 | 4.25 | 4.35 | 4.10 | 7.22 | 7.60 | 8.82 | 7.29 | 6.61 | 7.07 | 6.08 | 4.93 | 4.85 | 3.95 | 3.99 | 4.08 | 3.99 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,614,490K ÷ $265,125K
= 6.09
The financial leverage ratio of Verra Mobility Corp has shown fluctuations over the reported periods. The ratio started at 3.99 as of March 31, 2020, increased gradually to 7.29 by June 30, 2022, before decreasing to 3.80 by September 30, 2024. Notably, there was a significant spike to 8.82 on September 30, 2022, indicating a higher level of leverage compared to other periods. Overall, the trend in the financial leverage ratio suggests varying levels of leverage employed by the company to finance its operations and growth, with some periods showing higher leverage than others. It is essential for stakeholders to monitor the company's leverage ratio to assess its risk exposure and financial health.
Peer comparison
Dec 31, 2024