Verizon Communications Inc.

NYSE:VZ Stock Report

Market Cap: US$174.9b

Verizon Communications Balance Sheet Health

Financial Health criteria checks 3/6

Verizon Communications has a total shareholder equity of $93.8B and total debt of $152.2B, which brings its debt-to-equity ratio to 162.3%. Its total assets and total liabilities are $380.3B and $286.5B respectively. Verizon Communications's EBIT is $30.3B making its interest coverage ratio 5.9. It has cash and short-term investments of $2.1B.

Key information

162.3%

Debt to equity ratio

US$152.24b

Debt

Interest coverage ratio5.9x
CashUS$2.07b
EquityUS$93.80b
Total liabilitiesUS$286.46b
Total assetsUS$380.26b

Recent financial health updates

No updates

Recent updates

Dial Up Your Income To 6.6%: Verizon

Mar 25

Verizon: It's Just The Beginning

Mar 16

Verizon: Deleveraging Is The Key

Mar 08

Verizon Communications (NYSE:VZ) Could Be Struggling To Allocate Capital

Mar 04
Verizon Communications (NYSE:VZ) Could Be Struggling To Allocate Capital

Verizon Is Improving Operations And Profits, Macroeconomic Tailwind Also Expected

Feb 23

Verizon: Q4 And 2023 Earnings, Subscriber Growth, Media Loss And Revenue Declines (Rating Downgrade)

Feb 09

There May Be Some Bright Spots In Verizon Communications' (NYSE:VZ) Earnings

Feb 02
There May Be Some Bright Spots In Verizon Communications' (NYSE:VZ) Earnings

Verizon: I Am On Hold After The Recent Earnings Release

Jan 29

Investors Don't See Light At End Of Verizon Communications Inc.'s (NYSE:VZ) Tunnel

Jan 23
Investors Don't See Light At End Of Verizon Communications Inc.'s (NYSE:VZ) Tunnel

Verizon's Impairment Is A Long-Term Blip

Jan 22

Verizon Approaches A Critical Crossroads

Jan 11

Verizon: Turning The Ship Around For A Favorable 2024

Jan 05

Verizon: Top Dog Of The Dow Candidate For 2024

Dec 28

Verizon Stock: A Massive Rerating Is Likely Coming

Dec 22

Financial Position Analysis

Short Term Liabilities: VZ's short term assets ($36.8B) do not cover its short term liabilities ($53.2B).

Long Term Liabilities: VZ's short term assets ($36.8B) do not cover its long term liabilities ($233.2B).


Debt to Equity History and Analysis

Debt Level: VZ's net debt to equity ratio (160.1%) is considered high.

Reducing Debt: VZ's debt to equity ratio has reduced from 206.6% to 162.3% over the past 5 years.

Debt Coverage: VZ's debt is well covered by operating cash flow (24.6%).

Interest Coverage: VZ's interest payments on its debt are well covered by EBIT (5.9x coverage).


Balance Sheet


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