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Verra Mobility (Verra Mobility) Debt-to-Equity : 2.55 (As of Dec. 2023)


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Verra Mobility Debt-to-Equity Definition

Verra Mobility's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $16.2 Mil. Verra Mobility's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,058.2 Mil. Verra Mobility's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $421.5 Mil. Verra Mobility's debt to equity for the quarter that ended in Dec. 2023 was 2.55.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Verra Mobility's Debt-to-Equity or its related term are showing as below:

VRRM' s Debt-to-Equity Range Over the Past 10 Years
Min: -9.38   Med: 2.88   Max: 5.42
Current: 2.55

During the past 8 years, the highest Debt-to-Equity Ratio of Verra Mobility was 5.42. The lowest was -9.38. And the median was 2.88.

VRRM's Debt-to-Equity is ranked worse than
93.62% of 1505 companies
in the Construction industry
Industry Median: 0.43 vs VRRM: 2.55

Verra Mobility Debt-to-Equity Historical Data

The historical data trend for Verra Mobility's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Verra Mobility Debt-to-Equity Chart

Verra Mobility Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial 2.91 2.77 4.94 5.42 2.55

Verra Mobility Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.42 5.02 2.53 2.67 2.55

Competitive Comparison of Verra Mobility's Debt-to-Equity

For the Infrastructure Operations subindustry, Verra Mobility's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Verra Mobility's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Verra Mobility's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Verra Mobility's Debt-to-Equity falls into.



Verra Mobility Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Verra Mobility's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Verra Mobility's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Verra Mobility  (NAS:VRRM) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Verra Mobility Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Verra Mobility's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Verra Mobility (Verra Mobility) Business Description

Traded in Other Exchanges
Address
1150 North Alma School Road, Mesa, AZ, USA, 85201
Verra Mobility Corp provides smart transportation solutions. The company develops and uses technology and data intelligence to help make transportation safer and easier. It operates in three segments namely Commercial Services, Government Solutions, and Parking Solutions. It generates maximum revenue from the Commercial Services segment. The commercial Services segment delivers tolling and violation management services to rental car companies, commercial fleet vehicle owners, and violation issuing authorities.
Executives
Craig C Conti officer: EVP 1 S. WACKER DR., SUITE 1000, CHICAGO IL 60606
Steve Lalla officer: EVP Commercial Services C/O VERTIV HOLDINGS CO, 1050 DEARBORN DRIVE, COLUMBUS OH 43085
David Martin Roberts director, officer: President and CEO 1150 N. ALMA SCHOOL ROAD, MESA AZ 85201
Jonathan Keyser other: Chief Legal Officer 1150 N. ALMA SCHOOL ROAD, MESA AZ 85201
Jonathan Baldwin officer: EVP-Government Solutions 1150 N. ALMA SCHOOL ROAD, MESA AZ 85201
Sarah E Farrell director 572 RUGER STREET, SUITE B, SAN FRANCISCO CA 94129
Platinum Equity Llc director, 10 percent owner 360 NORTH CRESCENT DRIVE, BEVERLY HILLS CA 90210
Blake Norman P Iii officer: Pres. T2 Systems 1150 N. ALMA SCHOOL ROAD, MESA AZ 85201
Patricia Chiodo officer: Chief Financial Officer 5227 EAST GLORIA LANE, CAVE CREEK AZ 85331
Rebecca Collins officer: General Counsel 1150 N. ALMA SCHOOL ROAD, MESA AZ 85201
Mark J. Talbot officer: EVP Government Solutions 1150 NORTH ALMA SCHOOL ROAD, MESA AZ 85201
Michael P Huerta director 1800 M STREET NW SUITE 800, WASHINGTON DC 20036
Patrick J Byrne director 395 PAGE MILL ROAD, MS A3-18, PALO ALTO CA 94306
Garrett Fristoe Miller officer: Executive Vice President 1150 N. ALMA SCHOOL ROAD, MESA AZ 85201
Vincent Brigidi officer: Exec. VP 1150 N. ALMA SCHOOL ROAD, MESA AZ 85201