Verizon Communications Balance Sheet Health
Financial Health criteria checks 3/6
Verizon Communications has a total shareholder equity of $95.7B and total debt of $154.7B, which brings its debt-to-equity ratio to 161.6%. Its total assets and total liabilities are $380.2B and $284.4B respectively. Verizon Communications's EBIT is $30.3B making its interest coverage ratio 5.4. It has cash and short-term investments of $2.4B.
Key information
161.6%
Debt to equity ratio
US$154.66b
Debt
| Interest coverage ratio | 5.4x |
| Cash | US$2.43b |
| Equity | US$95.73b |
| Total liabilities | US$284.43b |
| Total assets | US$380.16b |
Recent financial health updates
No updates
Recent updates
Verizon: You Haven't Seen Anything Yet
Jun 17Verizon: Still Looks Undervalued, Yielding 6.69%
May 29Market Still Lacking Some Conviction On Verizon Communications Inc. (NYSE:VZ)
May 24
Verizon's Share Price Collapse Remains A Once-In-A-Lifetime Opportunity
May 10We Think Shareholders May Want To Consider A Review Of Verizon Communications Inc.'s (NYSE:VZ) CEO Compensation Package
May 03Crushed From $60 To $40, Is It Time To Buy 6.6% Yielding Verizon?
Apr 30Analysts Are Updating Their Verizon Communications Inc. (NYSE:VZ) Estimates After Its First-Quarter Results
Apr 25Verizon Invokes The AI Warhead
Apr 22Is Verizon A Buy After The +28% Rally?
Apr 14Verizon: A High Margin Of Safety Investment With A 6.3% Yield
Apr 05Dial Up Your Income To 6.6%: Verizon
Mar 25Verizon: It's Just The Beginning
Mar 16Verizon: Deleveraging Is The Key
Mar 08Financial Position Analysis
Short Term Liabilities: VZ's short term assets ($38.0B) do not cover its short term liabilities ($53.6B).
Long Term Liabilities: VZ's short term assets ($38.0B) do not cover its long term liabilities ($230.8B).
Debt to Equity History and Analysis
Debt Level: VZ's net debt to equity ratio (159%) is considered high.
Reducing Debt: VZ's debt to equity ratio has reduced from 197.2% to 161.6% over the past 5 years.
Debt Coverage: VZ's debt is well covered by operating cash flow (23.5%).
Interest Coverage: VZ's interest payments on its debt are well covered by EBIT (5.4x coverage).