Verizon Communications Inc (VZ)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 98,499,000 | 91,774,000 | 90,351,000 | 81,252,000 | 67,507,000 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $98,499,000K)
= 0.00
Verizon Communications Inc has consistently maintained a debt-to-capital ratio of 0.00 across the years 2020 to 2024. This indicates that the company has not relied on debt financing to fund its operations and investments, and instead, has primarily utilized equity capital. A debt-to-capital ratio of 0.00 suggests a strong financial position with lower financial risk as there is no debt in the capital structure. Investors and creditors may view this positively as it implies that the company has a stable financial structure and potentially lower interest expense, which could lead to higher profitability and better resilience in challenging economic conditions.
Peer comparison
Dec 31, 2024