Velocity Financial Balance Sheet Health
Financial Health criteria checks 3/6
Velocity Financial has a total shareholder equity of $487.7M and total debt of $4.6B, which brings its debt-to-equity ratio to 937.9%. Its total assets and total liabilities are $5.2B and $4.7B respectively.
Key information
937.9%
Debt to equity ratio
US$4.57b
Debt
| Interest coverage ratio | n/a |
| Cash | US$44.09m |
| Equity | US$487.69m |
| Total liabilities | US$4.71b |
| Total assets | US$5.20b |
Recent financial health updates
No updates
Recent updates
Velocity Financial Should Continue To Do Well
Sep 26Here's Why Shareholders May Want To Be Cautious With Increasing Velocity Financial, Inc.'s (NYSE:VEL) CEO Pay Packet
May 11
Benign Growth For Velocity Financial, Inc. (NYSE:VEL) Underpins Its Share Price
Jan 05Is Now The Time To Put Velocity Financial (NYSE:VEL) On Your Watchlist?
Nov 08Is Now The Time To Put Velocity Financial (NYSE:VEL) On Your Watchlist?
Aug 09Velocity Financial, Inc.'s (NYSE:VEL) Subdued P/E Might Signal An Opportunity
Jun 07Velocity Financial GAAP EPS of $0.29 in-line, revenue of $26.78M misses by $0.86M
Nov 03Velocity Financial, Inc. Just Missed Earnings - But Analysts Have Updated Their Models
May 09How Much Did Velocity Financial's(NYSE:VEL) Shareholders Earn From Share Price Movements Over The Last Year?
Jan 19
Financial Position Analysis
Short Term Liabilities: VEL's short term assets ($5.1B) exceed its short term liabilities ($576.0M).
Long Term Liabilities: VEL's short term assets ($5.1B) exceed its long term liabilities ($4.1B).
Debt to Equity History and Analysis
Debt Level: VEL's net debt to equity ratio (928.9%) is considered high.
Reducing Debt: VEL's debt to equity ratio has reduced from 1243.3% to 937.9% over the past 5 years.
Debt Coverage: VEL's debt is not well covered by operating cash flow (0.7%).
Interest Coverage: Insufficient data to determine if VEL's interest payments on its debt are well covered by EBIT.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 06:00 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Velocity Financial, Inc. is covered by 6 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Eric Hagen | BTIG |
| Sarah Barcomb | BTIG |
| Arren Cyganovich | Citigroup Inc |