Verra Mobility Balance Sheet Health
Financial Health criteria checks 2/6
Verra Mobility has a total shareholder equity of $421.5M and total debt of $1.0B, which brings its debt-to-equity ratio to 246.3%. Its total assets and total liabilities are $1.8B and $1.4B respectively. Verra Mobility's EBIT is $224.6M making its interest coverage ratio 2.6. It has cash and short-term investments of $138.6M.
Key information
246.3%
Debt to equity ratio
US$1.04b
Debt
| Interest coverage ratio | 2.6x |
| Cash | US$138.63m |
| Equity | US$421.47m |
| Total liabilities | US$1.37b |
| Total assets | US$1.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0YK's short term assets ($439.5M) exceed its short term liabilities ($214.8M).
Long Term Liabilities: 0YK's short term assets ($439.5M) do not cover its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: 0YK's net debt to equity ratio (213.4%) is considered high.
Reducing Debt: 0YK's debt to equity ratio has reduced from 287.8% to 246.3% over the past 5 years.
Debt Coverage: 0YK's debt is not well covered by operating cash flow (19.9%).
Interest Coverage: 0YK's interest payments on its debt are not well covered by EBIT (2.6x coverage).