Verra Mobility Balance Sheet Health
Financial Health criteria checks 2/6
Verra Mobility has a total shareholder equity of $438.6M and total debt of $1.0B, which brings its debt-to-equity ratio to 236.3%. Its total assets and total liabilities are $1.8B and $1.3B respectively. Verra Mobility's EBIT is $233.8M making its interest coverage ratio 2.8. It has cash and short-term investments of $124.4M.
Key information
236.3%
Debt to equity ratio
US$1.04b
Debt
| Interest coverage ratio | 2.8x |
| Cash | US$124.39m |
| Equity | US$438.63m |
| Total liabilities | US$1.33b |
| Total assets | US$1.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0YK's short term assets ($449.6M) exceed its short term liabilities ($175.3M).
Long Term Liabilities: 0YK's short term assets ($449.6M) do not cover its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: 0YK's net debt to equity ratio (207.9%) is considered high.
Reducing Debt: 0YK's debt to equity ratio has reduced from 280.2% to 236.3% over the past 5 years.
Debt Coverage: 0YK's debt is not well covered by operating cash flow (16.6%).
Interest Coverage: 0YK's interest payments on its debt are not well covered by EBIT (2.8x coverage).