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
Is Verra Mobility (NASDAQ:VRRM) Using Too Much Debt?
Jan 16
Here's Why Verra Mobility (NASDAQ:VRRM) Can Manage Its Debt Responsibly
Jul 18We Think Verra Mobility (NASDAQ:VRRM) Can Stay On Top Of Its Debt
Mar 15Here's Why Verra Mobility (NASDAQ:VRRM) Can Manage Its Debt Responsibly
Oct 24These 4 Measures Indicate That Verra Mobility (NASDAQ:VRRM) Is Using Debt Reasonably Well
May 30Recent updates
Returns On Capital Are Showing Encouraging Signs At Verra Mobility (NASDAQ:VRRM)
Apr 18Is Verra Mobility Corporation (NASDAQ:VRRM) Potentially Undervalued?
Apr 04Calculating The Fair Value Of Verra Mobility Corporation (NASDAQ:VRRM)
Mar 20Verra Mobility Corporation Just Missed Earnings - But Analysts Have Updated Their Models
Mar 03Earnings Tell The Story For Verra Mobility Corporation (NASDAQ:VRRM)
Jan 29Is Verra Mobility (NASDAQ:VRRM) Using Too Much Debt?
Jan 16Why Verra Mobility Corporation (NASDAQ:VRRM) Could Be Worth Watching
Jan 03Returns Are Gaining Momentum At Verra Mobility (NASDAQ:VRRM)
Dec 04Are Investors Undervaluing Verra Mobility Corporation (NASDAQ:VRRM) By 24%?
Nov 03When Should You Buy Verra Mobility Corporation (NASDAQ:VRRM)?
Sep 19Verra Mobility (NASDAQ:VRRM) Shareholders Will Want The ROCE Trajectory To Continue
Sep 04A Look At The Fair Value Of Verra Mobility Corporation (NASDAQ:VRRM)
Aug 01Here's Why Verra Mobility (NASDAQ:VRRM) Can Manage Its Debt Responsibly
Jul 18With EPS Growth And More, Verra Mobility (NASDAQ:VRRM) Makes An Interesting Case
Jul 04Market Participants Recognise Verra Mobility Corporation's (NASDAQ:VRRM) Earnings
Jun 21We Like These Underlying Return On Capital Trends At Verra Mobility (NASDAQ:VRRM)
May 24Is Verra Mobility Corporation (NASDAQ:VRRM) Potentially Undervalued?
May 08Verra Mobility Corporation's (NASDAQ:VRRM) Intrinsic Value Is Potentially 56% Above Its Share Price
Apr 21We Think Verra Mobility (NASDAQ:VRRM) Can Stay On Top Of Its Debt
Mar 15With EPS Growth And More, Verra Mobility (NASDAQ:VRRM) Makes An Interesting Case
Mar 02Verra Mobility (NASDAQ:VRRM) Hasn't Managed To Accelerate Its Returns
Jan 21Is Verra Mobility Corporation (NASDAQ:VRRM) Trading At A 41% Discount?
Jan 01What Does Verra Mobility Corporation's (NASDAQ:VRRM) Share Price Indicate?
Dec 14Here's Why Verra Mobility (NASDAQ:VRRM) Has Caught The Eye Of Investors
Nov 22Here's Why Verra Mobility (NASDAQ:VRRM) Can Manage Its Debt Responsibly
Oct 24Verra Mobility: A Toll Troll
Oct 04Is Now The Time To Look At Buying Verra Mobility Corporation (NASDAQ:VRRM)?
Aug 23Verra Mobility Corporation Q2 Non-GAAP EPS, revenue beats, FY22 guidance provided
Aug 03Is Verra Mobility Corporation (NASDAQ:VRRM) Trading At A 45% Discount?
Aug 03Verra Mobility stock slides as Baird downgrades to Neutral
Jul 13Verra Mobility's (NASDAQ:VRRM) Returns On Capital Not Reflecting Well On The Business
Jul 11These 4 Measures Indicate That Verra Mobility (NASDAQ:VRRM) Is Using Debt Reasonably Well
May 30Is There An Opportunity With Verra Mobility Corporation's (NASDAQ:VRRM) 39% Undervaluation?
Jan 11Verra Mobility (NASDAQ:VRRM) Could Be Struggling To Allocate Capital
Nov 18Financial Position Analysis
Short Term Liabilities: VRRM's short term assets ($439.5M) exceed its short term liabilities ($214.8M).
Long Term Liabilities: VRRM's short term assets ($439.5M) do not cover its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: VRRM's net debt to equity ratio (213.4%) is considered high.
Reducing Debt: VRRM's debt to equity ratio has reduced from 287.8% to 246.3% over the past 5 years.
Debt Coverage: VRRM's debt is not well covered by operating cash flow (19.9%).
Interest Coverage: VRRM's interest payments on its debt are not well covered by EBIT (2.6x coverage).