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Verso (VRS) Debt-to-Equity : 0.02 (As of Dec. 2021)


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What is Verso Debt-to-Equity?

Verso's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was $5 Mil. Verso's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was $8 Mil. Verso's Total Stockholders Equity for the quarter that ended in Dec. 2021 was $699 Mil. Verso's debt to equity for the quarter that ended in Dec. 2021 was 0.02.

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 Verso's Debt-to-Equity or its related term are showing as below:

VRS' s Debt-to-Equity Range Over the Past 10 Years
Min: -180.52   Med: -1.66   Max: 9.52
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Verso was 9.52. The lowest was -180.52. And the median was -1.66.

VRS's Debt-to-Equity is not ranked
in the Forest Products industry.
Industry Median: 0.51 vs VRS: 0.02

Verso Debt-to-Equity Historical Data

The historical data trend for Verso'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.

Verso Debt-to-Equity Chart

Verso Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.26 - 0.02 0.03 0.02

Verso Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 0.03 0.01 0.01 0.01 0.02

Competitive Comparison of Verso's Debt-to-Equity

For the Paper & Paper Products subindustry, Verso'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.


Verso's Debt-to-Equity Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Verso's Debt-to-Equity distribution charts can be found below:

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



Verso Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Verso's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Verso's Debt to Equity Ratio for the quarter that ended in Dec. 2021 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.


Verso  (NYSE:VRS) 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.


Verso Debt-to-Equity Related Terms

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


Verso (VRS) Business Description

Traded in Other Exchanges
N/A
Address
8540 Gander Creek Drive, Miamisburg, OH, USA, 45342
Verso Corp is a North American producer of printing papers, specialty papers, and pulp. The company produces a wide range of paper products, including coated freesheet, coated groundwood, coated digital, inkjet, supercalendered, and uncoated freesheet. These paper products are used primarily in media and marketing applications, such as catalogs, magazines, advertising brochures, and annual reports. The company also sells kraft pulp, which is used to manufacture tissue products and printing and writing grade paper; however, the group derives the majority of its revenue from its paper products.
Executives
Allen James Campbell officer: SVP and CFO 8540 GANDER CREEK DRIVE, MIAMISBURG OH 45342
Randy J. Nebel director KAPSTONE PAPER AND PACKAGING CORP. 1101 SKOKIE BLVD., SUITE 300 NORTHBROOK IL 60062
Jeffrey E Kirt director 1114 AVENUE OF THE AMERICAS, 27TH FLOOR, NEW YORK NY 10038
Terrence M Dyer officer: SVP - HR & Comm 8540 GANDER CREEK DRIVE, MIAMISBURG OH 45342
John Adam St. director, officer: CEO 8540 GANDER CREEK DRIVE MIAMISBURG OH 45342
Aaron D. Haas officer: SVP - Sales & Mktg 8540 GANDER CREEK DRIVE MIAMISBURG OH 45342
Matthew Archambeau officer: SVP - Mfg & Energy 8540 GANDER CREEK DRIVE MIAMISBURG OH 45342
Nancy M Taylor director TREDEGAR CORP, 1100 BOULDERS PARKWAY, RICHMOND VA 23219
Robert K Beckler director VERSO CORPORATION 8540 GANDER CREEK DRIVE MIAMISBURG OH 45342
Marvin D Cooper director VERSO CORPORATION, 8540 GANDER CREEK DRIVE, MIAMISBURG OH 45342
Sean T Erwin director 8540 GANDER CREEK DRIVE DAYTON OH 45342
Leslie T Lederer other: Former Officer C/O SMURFIT STONE CONTAINER CORP 150 NORTH MICHIGAN AVE CHICAGO IL 60601
Michael A. Weinhold officer: President 8540 GANDER CREEK DRIVE MIAMISBURG OH 45342
Kenneth D Sawyer officer: SVP - HR & Comm 8540 GANDER CREEK DRIVE MIAMISBURG OH 45342
B. Christopher Disantis director, officer: President and CEO 8540 GANDER CREEK DRIVE MIAMISBURG OH 45342