Verizon Communications Balance Sheet Health
Financial Health criteria checks 3/6
Verizon Communications has a total shareholder equity of $97.7B and total debt of $152.5B, which brings its debt-to-equity ratio to 156.2%. Its total assets and total liabilities are $381.2B and $283.5B respectively. Verizon Communications's EBIT is $30.5B making its interest coverage ratio 4.9. It has cash and short-term investments of $5.0B.
Key information
156.2%
Debt to equity ratio
US$152.52b
Debt
| Interest coverage ratio | 4.9x |
| Cash | US$5.01b |
| Equity | US$97.67b |
| Total liabilities | US$283.50b |
| Total assets | US$381.16b |
Recent financial health updates
Recent updates
Is Verizon Communications (NYSE:VZ) A Risky Investment?
Nov 19
Verizon Communications' (NYSE:VZ) Conservative Accounting Might Explain Soft Earnings
Nov 01Verizon Q3: Buy The Drop
Oct 24Verizon Q3 Preview: You Want Total Shareholder Yield, Not Dividend Yield
Oct 17Verizon's Huge Day
Oct 11Verizon Communications' (NYSE:VZ) Upcoming Dividend Will Be Larger Than Last Year's
Sep 30Verizon Remains An Overlooked Once-In-A-Lifetime Opportunity
Sep 23Verizon: Frontier Deal May Limit Upside (Rating Downgrade)
Sep 16Verizon Communications (NYSE:VZ) Will Pay A Larger Dividend Than Last Year At $0.6775
Sep 09Verizon: 3 Reasons To Buy And 2 Reasons To Sell This 6.4% Yielding Blue Chip
Sep 05Returns On Capital At Verizon Communications (NYSE:VZ) Paint A Concerning Picture
Sep 04It Is Worth Owning Verizon For Its Dividends
Aug 19Buy 6.6% Yielding Verizon Before The Fed Cuts Rates
Aug 09Verizon: Buy The Market's Over Reaction, Yields Even Richer Here
Jul 27Analysts Are Updating Their Verizon Communications Inc. (NYSE:VZ) Estimates After Its Second-Quarter Results
Jul 24Verizon Communications: An Upgrade Is Warranted
Jul 21Verizon Stock Is Still A Great Value Buy Right Now
Jul 10Verizon Communications: A Gift Hiding In Plain Sight
Jul 01Verizon: You Haven't Seen Anything Yet
Jun 17Financial Position Analysis
Short Term Liabilities: VZ's short term assets ($40.6B) do not cover its short term liabilities ($61.8B).
Long Term Liabilities: VZ's short term assets ($40.6B) do not cover its long term liabilities ($221.7B).
Debt to Equity History and Analysis
Debt Level: VZ's net debt to equity ratio (151%) is considered high.
Reducing Debt: VZ's debt to equity ratio has reduced from 181.9% to 156.2% over the past 5 years.
Debt Coverage: VZ's debt is well covered by operating cash flow (23.1%).
Interest Coverage: VZ's interest payments on its debt are well covered by EBIT (4.9x coverage).