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.
Peer comparison
Dec 31, 2024