Verizon Communications Inc (VZ)

Debt-to-assets ratio

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Long-term debt	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total assets	US$ in thousands	380,255,000	384,830,000	379,955,000	377,716,000	379,680,000	375,090,000	370,147,000	365,716,000	366,596,000	353,457,000	349,190,000	345,573,000	316,481,000	296,994,000	293,259,000	294,500,000	291,727,000	284,875,000	283,108,000	283,947,000
Debt-to-assets 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, 2023 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $380,255,000K
= 0.00

Verizon Communications Inc's debt-to-assets ratio has remained relatively stable over the past eight quarters, fluctuating between 0.38 and 0.42. The ratio indicates that, on average, approximately 40% of the company's assets are financed by debt. A ratio of 0.40 suggests that Verizon maintains a moderate level of leverage, balancing the use of debt with equity to fund its operations and investments. The consistency in the ratio implies that the company has been managing its debt and asset levels effectively, maintaining a stable financial position over the analyzed period.