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
Verizon: Narrow Margin Of Safety Per Graham P/E And Number
Dec 11Verizon Has Ominous Clouds On The Horizon (Technical Analysis)
Dec 03Verizon: Deeply Undervalued Dividend Delight
Nov 26Is 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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 05:22 |
| End of Day Share Price | 2024/12/20 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
Verizon Communications Inc. is covered by 76 analysts. 23 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 |
|---|---|
| Andrew Charles Beale | Arete Research Services LLP |
| Joseph Bonner | Argus Research Company |
| Christopher Watts | Atlantic Equities LLP |