Verizon Communications Inc (VZ)
Debt-to-capital 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 98,499,000 | 95,616,000 | 95,595,000 | 93,913,000 | 91,774,000 | 97,113,000 | 94,649,000 | 92,486,000 | 90,351,000 | 86,726,000 | 85,362,000 | 83,265,000 | 81,252,000 | 76,554,000 | 73,276,000 | 70,950,000 | 67,507,000 | 64,773,000 | 62,460,000 | 60,061,000 |
| Debt-to-capital 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, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $98,499,000K)
= 0.00
The debt-to-capital ratio for Verizon Communications Inc, based on the provided data, has consistently remained at 0.00 from March 31, 2020, to December 31, 2024. This implies that the company has not utilized debt as a significant portion of its capital structure during this period.
A debt-to-capital ratio of 0.00 indicates that Verizon has no debt in relation to its capital, which consists of both debt and equity. A lower debt-to-capital ratio generally suggests lower financial risk as the company relies less on borrowing to finance its operations.
Verizon's ability to maintain a consistently low debt-to-capital ratio may indicate a strong financial position and effective capital management, which could be attributed to its ability to generate sufficient cash flows from operations to fund its capital expenditures and other financial obligations without relying heavily on external borrowing. This could potentially be seen as a positive sign for investors and stakeholders, as it reflects prudent financial management practices and may contribute to the company's overall financial stability and resilience.
Peer comparison
Dec 31, 2024