Debt-to-EBITDA measures a company's ability to pay off its debt.
Verizon Communications's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $16,785 Mil. Verizon Communications's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $158,781 Mil. Verizon Communications's annualized EBITDA for the quarter that ended in Jun. 2022 was $47,852 Mil.
Verizon Communications's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2022 was 3.67.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Verizon Communications's Debt-to-EBITDA or its related term are showing as below:
VZ'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.8 Med: 2.74 Max: 3.73
Current: 3.73
During the past 13 years, the highest Debt-to-EBITDA Ratio of Verizon Communications was 3.73. The lowest was 1.80. And the median was 2.74.
VZ's Debt-to-EBITDA is ranked worse than 73.98% of 319
companies
in the Telecommunication Services industry
Industry Median: 2.20
vs VZ: 3.73
Verizon Communications Debt-to-EBITDA Historical Data
The historical data trend for Verizon Communications's Debt-to-EBITDA 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.
Verizon Communications Annual Data
Trend
Dec12
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Debt-to-EBITDA
2.77
2.70
3.02
3.35
3.62
Verizon Communications Quarterly Data
Sep17
Dec17
Mar18
Jun18
Sep18
Dec18
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Debt-to-EBITDA
3.53
3.39
4.07
4.06
3.67
Competitive Comparison
For the Telecom Services subindustry, Verizon Communications's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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.
Verizon Communications Debt-to-EBITDA Distribution
For the Telecommunication Services industry and Communication Services sector, Verizon Communications's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Verizon Communications's Debt-to-EBITDA falls into.
Verizon Communications Debt-to-EBITDA Calculation
Debt-to-EBITDA measures a company's ability to pay off its debt.
Verizon Communications's Debt-to-EBITDA for the fiscal year 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.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Jun. 2022) EBITDA data.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Verizon Communications Debt-to-EBITDA Related Terms
Thank you for viewing the detailed overview of Verizon Communications's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.
Verizon is now primarily a wireless business (more than 70% of revenue and nearly all operating income). It serves about 91 million postpaid and 4 million prepaid phone customers and connects another 25 million data devices, like tablets, via its nationwide network, making it the largest U.S. wireless carrier. The firm has agreed to acquire Tracfone, a wireless reseller that serves about 20 million prepaid customers in the U.S., from America Movil. Fixed-line telecom operations include local networks (12% of revenue) in the Northeast, which reach about 25 million homes and businesses, and nationwide enterprise services (10%). Verizon Media Group, the online media and advertising firm formed with the acquisitions of AOL and Yahoo, provides the remainder of revenue.
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