FAQs
Verizon long term debt for 2023 was $137.701B, a 2.11% decline from 2022. Verizon long term debt for 2022 was $140.676B, a 1.92% decline from 2021. Verizon long term debt for 2021 was $143.425B, a 16.44% increase from 2020.
What is the total liabilities of Verizon? ›
Total liabilities on the balance sheet as of December 2023 : $286.45 B. According to Verizon's latest financial reports the company's total liabilities are $286.45 B. A company's total liabilities is the sum of all current and non-current debts and obligations.
What is Verizon's debt to Ebitda ratio? ›
Verizon Communications's operated at median net debt / ebitda of 3.0x from fiscal years ending December 2019 to 2023. Looking back at the last 5 years, Verizon Communications's net debt / ebitda peaked in December 2023 at 3.3x.
How long does Verizon debt stay on credit report? ›
FAQs on removing Verizon Collections from your credit report
You can request to validate the debt, try to negotiate a pay-for-delete agreement and dispute inaccurate information. If your efforts are unsuccessful, however, a collection account can stay on your credit report for up to seven years.
How do I pay off my Verizon debt? ›
Make a payment
- My Verizon.
- To pay your bill on My Verizon, sign in and: Hover over Billing > select Pay Bill. Don't have an account? Register now.
- Other ways to pay.
- By Phone. To pay your bill by phone Call us at 1.800. Verizon (1.800. 837.4966), say:
Is Verizon losing a lot of customers? ›
The firm noted Verizon lost 263,000 consumer postpaid phone customers – widely considered the most valuable type of mobile customer – in the first quarter of this year. The company then narrowed those losses to 136,000 in the second quarter of this year.
Can Verizon be trusted? ›
In the results of a survey by research firm Ponemon Institute and TRUSTe, the online privacy evaluator, Verizon is the highest-ranked communications company for being the most trustworthy and for doing the best job safeguarding personal information.
What company has the most debt? ›
As of February 2023, the Japanese car manufacturer Toyota was the company with the highest debt worldwide, amounting to 217 billion U.S. dollars. The Chinese property developer Evergrande followed in second with a debt of roughly 170 billion U.S. dollars, with Volkswagen following in third.
How much cash does Verizon have? ›
Cash on Hand as of December 2023 : $2.06 B
According to Verizon's latest financial reports the company has $2.06 B in cash and cash equivalents. A company's cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.
Does Verizon have a good balance sheet? ›
Verizon Balance Sheet
Verizon's total assets for Q4 2023 were $380.25B, a decrease of -1.68% from the previous quarter. VZ total liabilities were $287.11B for the fiscal quarter, a 0.26% a decrease from the previous quarter. See a summary of the company's assets, liabilities, and equity.
Verizon Communications Total Assets (Quarterly): 380.26B for Dec. 31, 2023.
What is Verizon's gross profit? ›
Verizon annual gross profit for 2023 was $79.087B, a 1.78% increase from 2022. Verizon annual gross profit for 2022 was $77.702B, a 0.5% increase from 2021. Verizon annual gross profit for 2021 was $77.312B, a 0.29% increase from 2020.
Is Verizon highly leveraged? ›
Analysis. Verizon Communications's financial leverage for fiscal years ending December 2019 to 2023 averaged 4.4x. Verizon Communications's operated at median financial leverage of 4.5x from fiscal years ending December 2019 to 2023.
What is Verizon's debt to equity ratio? ›
Verizon Communications Inc. (VZ) had Debt to Equity Ratio of 1.61 for the most recently reported fiscal year, ending 2023-12-31.
Is Verizon stock a good long term investment? ›
With its 4-star rating, we believe Verizon's stock is undervalued compared with our long-term fair value estimate of $54 per share, which equates to roughly 8 times our 2024 EBITDA forecast. That valuation also implies an 8.2% free cash flow yield based on the firm's performance in 2023.
What is AT&T long term debt? ›
AT&T long term debt for 2023 was $127.854B, a 0.44% decline from 2022. AT&T long term debt for 2022 was $128.423B, a 14.96% decline from 2021. AT&T long term debt for 2021 was $151.011B, a 1.8% decline from 2020.