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Verizon Communications Inc (VZ) |
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Verizon Communications Inc 's Working Capital Ratio
VZ's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth
In the wake of the increase in Current Liabilities in the second quarter 2024, Working Capital Ratio fell to 0.67 below Verizon Communications Inc average.
Within Communications Services industry 3 other companies have achieved higher Working Capital Ratio than Verizon Communications Inc in second quarter 2024. While Working Capital Ratio total ranking has improved so far during the II Quarter 2024 to 250, from total ranking in the first quarter 2024 at 2527.
Explain Working Capital Ratio
How much in Current Assets VZ´s has?
What is the value of VZ´s Current Liabilities?
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Select the Comparisons :
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Select the Ratio:
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| VZ Working Capital Ratio |
(Jun 30 2024)
II. Quarter |
(Mar 31 2024)
I. Quarter |
(Dec 31 2023)
IV. Quarter |
(Sep 30 2023)
III. Quarter |
(Jun 30 2023)
II. Quarter |
| Y / Y Current Liabilities Change |
19.85 % |
13.21 % |
6.34 % |
5.27 % |
4.15 % |
| Y / Y Current Assets Change |
1.79 % |
6.26 % |
-2.76 % |
-4.09 % |
-39.93 % |
| Working Capital Ratio MRQ |
0.67 |
0.77 |
0.75 |
0.74 |
0.79 |
| VZ's Total
Ranking |
# 250 |
# 2527 |
# 2302 |
# 1448 |
# 3651 |
| Seq. Current Liabilities Change |
14.61 % |
0.8 % |
-5.44 % |
9.7 % |
8.26 % |
| Seq. Current Assets Change |
0.26 % |
3.1 % |
-3.42 % |
1.96 % |
4.66 % |
| Working Capital Ratio second quarter 2024 Company Ranking |
| Within: |
No. |
| Communications Services Industry |
# 4 |
| Services Sector |
# 42 |
| Overall Market |
# 250 |
| Working Capital Ratio Statistics |
| High |
Average |
Low |
| 2.75 |
0.93 |
0.6 |
| (Dec 31 2013) |
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(June 30, 2008) |
Cumulative Verizon Communications Inc 's Working Capital Ratio
VZ's Working Capital Ratio for the trailling 12 Months
VZ Working Capital Ratio |
(Jun 30 2024)
II. Quarter |
(Mar 31 2024)
I. Quarter |
(Dec 31 2023)
IV. Quarter |
(Sep 30 2023)
III. Quarter |
(Jun 30 2023)
II. Quarter |
| Y / Y Current Liabilities TTM Growth |
19.85 % |
13.21 % |
6.34 % |
5.27 % |
4.15 % |
| Y / Y Current Assets TTM Growth |
1.79 % |
6.26 % |
-2.76 % |
-4.09 % |
-39.93 % |
| Working Capital Ratio TTM |
0.73 |
0.76 |
0.77 |
0.79 |
0.81 |
| Total
Ranking TTM |
# 2835
| # 2686
| # 3060
| # 3927
| # 4067
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| Seq. Current Liabilities TTM Growth |
14.61 % |
0.8 % |
-5.44 % |
9.7 % |
8.26 % |
| Seq. Current Assets TTM Growth |
0.26 % |
3.1 % |
-3.42 % |
1.96 % |
4.66 % |
On the trailing twelve months basis Due to increase in Current Liabilities in the II Quarter 2024 to $56,559.00 millions, cumulative Working Capital Ratio decreased to 0.73 below the Verizon Communications Inc average Working Capital Ratio. Working Capital Ratio is the average cumulative value over the last four quarters.
Among companies operating within Communications Services industry 29 other companies have achieved higher Working Capital Ratio than Verizon Communications Inc . While Working Capital Ratio total ranking has deteriorated compared to the previous twelve months ending in the first quarter 2024 from 2686 to 2835.
Explain Working Capital Ratio
How much in Current Assets VZ´s has?
What is the value of VZ´s Current Liabilities?
| TTM Working Capital Ratio Company Ranking |
| Within: |
No. |
| Within the Communications Services Industry |
# 30 |
| Services Sector |
# 411 |
| Within the Market |
# 2835 |
| trailing twelve months Working Capital Ratio Statistics |
| High |
Average |
Low |
| 1.75 |
0.93 |
0.62 |
| (June 30. 2014) |
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(Sep. 30, 2006) |
| Companies with similar Working Capital Ratio in the quarter ending Jun 30 2024, within Communications Services Industry | Working Capital Ratio | Jun 30 2024 MRQ Current Assets | Jun 30 2024 MRQ Current Liabilities | | Telephone And Data Systems Inc | 1.58 | $ 1,719.000 Millions | $ 1,086.000 Millions | | United States Cellular Corporation | 1.55 | $ 1,374.000 Millions | $ 886.000 Millions | | Kore Group Holdings Inc | 1.36 | $ 88.212 Millions | $ 64.975 Millions | | Atn International inc | 1.10 | $ 295.896 Millions | $ 268.885 Millions | | Sidus Space Inc | 0.95 | $ 8.303 Millions | $ 8.735 Millions | | Cleartronic Inc | 0.89 | $ 1.402 Millions | $ 1.567 Millions | | Shenandoah Telecommunications Company | 0.89 | $ 99.522 Millions | $ 112.089 Millions | | Frontier Communications Parent Inc | 0.87 | $ 1,755.000 Millions | $ 2,019.000 Millions | | T mobile Us Inc | 0.84 | $ 19,297.000 Millions | $ 23,038.000 Millions | | Qwest Corporation | 0.83 | $ 610.000 Millions | $ 736.000 Millions | | Consolidated Communications Holdings inc | 0.72 | $ 193.477 Millions | $ 268.779 Millions | | At and t Inc | 0.70 | $ 29,868.000 Millions | $ 42,429.000 Millions | | Verizon Communications Inc | 0.67 | $ 38,056.000 Millions | $ 56,559.000 Millions | | 0.64 | $ 5.773 Millions | $ 8.959 Millions | | Buzzfeed Inc | 0.63 | $ 111.675 Millions | $ 175.996 Millions |
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Date modified: 2024-09-08T09:57:48+00:00
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