Verizon Communications Inc (VZ)

Debt-to-assets ratio

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Long-term debt US$ in thousands
Total assets US$ in thousands 384,711,000 380,255,000 379,680,000 366,596,000 316,481,000
Debt-to-assets ratio 0.00 0.00 0.00 0.00 0.00

December 31, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $384,711,000K
= 0.00

Verizon Communications Inc has consistently maintained a debt-to-assets ratio of 0.00 from December 31, 2020, to December 31, 2024. This signifies that the company has not utilized debt as a significant source of financing its assets during this period. A debt-to-assets ratio of 0.00 indicates that Verizon's assets are primarily funded by equity rather than debt, which may reflect a conservative financial approach and potentially lower financial risk. It suggests that the company has a strong financial position and may be better equipped to weather economic downturns or unforeseen challenges.


See also:

Verizon Communications Inc Debt to Assets