VRRM (Verra Mobility) Debt-to-Asset : 0.58 (As of Sep. 2024)

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What is Verra Mobility Debt-to-Asset?

Verra Mobility's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $6.7 Mil. Verra Mobility's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $1,064.0 Mil. Verra Mobility's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was $1,850.6 Mil. Verra Mobility's debt to asset for the quarter that ended in Sep. 2024 was 0.58.

Verra Mobility Debt-to-Asset Historical Data

The historical data trend for Verra Mobility's Debt-to-Asset 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.

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Verra Mobility Debt-to-Asset Chart

Verra Mobility Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.64

0.70

0.71

0.60

Verra Mobility Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Asset	Get a 7-Day Free Trial															0.61	0.60	0.61	0.60	0.58

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

For the Infrastructure Operations subindustry, Verra Mobility's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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-Asset Distribution in the Construction Industry

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

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

Verra Mobility Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

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

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(16.152	+	1058.237)	/	1789.983
	=	0.60

Verra Mobility's Debt-to-Asset for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(6.683	+	1064.047)	/	1850.581
	=	0.58

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

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Verra Mobility Debt-to-Asset Related Terms

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

Verra Mobility Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Verra Mobility Corp (NAS:VRRM) » Definitions » Debt-to-Asset

Traded in Other Exchanges

N/A

Address

1150 North Alma School Road, Mesa, AZ, USA, 85201

Website

https://www.verramobility.com

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
David Martin Roberts	director, officer: President and CEO	1150 N. ALMA SCHOOL ROAD, MESA AZ 85201
Jonathan Baldwin	officer: EVP-Government Solutions	1150 N. ALMA SCHOOL ROAD, MESA AZ 85201
John H Rexford	director	2828 N HASKELL AVENUE, BLDG 1 FL-10, DALLAS TX 75204
Michael P Huerta	director	1800 M STREET NW SUITE 800, WASHINGTON DC 20036
Jonathan Keyser	other: Chief Legal Officer	1150 N. ALMA SCHOOL ROAD, MESA AZ 85201
Steve Lalla	officer: EVP Commercial Services	C/O VERTIV HOLDINGS CO, 1050 DEARBORN DRIVE, COLUMBUS OH 43085
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
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