VZ
Price:
$39.93
Market Cap:
$168.09B
Verizon Communications Inc., through its subsidiaries, offers communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. Its Consumer segment provides postpaid and prepaid service plans; internet access on notebook computers and tablets; wireless equipment, including smartphones and other handsets; and wireless-enabled internet devices, such as tablets, and other wireless-enabled connected devices comprising smart watches. It also provides residential fixed connectivity solutions, such as internet, video, and voice services; and sells network access to mobile virtual network operators. As of December 31, 202...[Read more]
Industry
Telecommunications Services
IPO Date
1983-11-21
Stock Exchange
NYSE
Ticker
VZ
According to Verizon Communications Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.66. This represents a change of -1.97% compared to the average of 0.67 of the last 4 quarters.
The mean historical Current Ratio of Verizon Communications Inc. over the last ten years is 0.88. The current 0.66 Current Ratio has changed 7.36% with respect to the historical average. Over the past ten years (40 quarters), VZ's Current Ratio was at its highest in in the December 2020 quarter at 1.38. The Current Ratio was at its lowest in in the June 2016 quarter at 0.61.
Average
0.88
Median
0.85
Minimum
0.64
Maximum
1.38
Discovering the peaks and valleys of Verizon Communications Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 64.82%
Maximum Annual Current Ratio = 1.38
Minimum Annual Increase = -59.84%
Minimum Annual Current Ratio = 0.64
Year | Current Ratio | Change |
---|---|---|
2023 | 0.69 | -8.33% |
2022 | 0.75 | -3.11% |
2021 | 0.78 | -43.42% |
2020 | 1.38 | 64.82% |
2019 | 0.84 | -8.54% |
2018 | 0.91 | 0.85% |
2017 | 0.91 | 4.08% |
2016 | 0.87 | 36.41% |
2015 | 0.64 | -39.49% |
2014 | 1.05 | -59.84% |
The current Current Ratio of Verizon Communications Inc. (VZ) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.74
5-year avg
0.89
10-year avg
0.88
Verizon Communications Inc.’s Current Ratio is less than T-Mobile US, Inc. (1.08), less than Lumen Technologies, Inc. (1.20), greater than DISH Network Corporation (0.54), less than Comcast Corporation (0.72), less than AT&T Inc. (0.73), greater than Charter Communications, Inc. (0.34), less than Vodafone Group Public Limited Company (1.37),
Company | Current Ratio | Market cap |
---|---|---|
1.08 | $255.67B | |
1.20 | $6.01B | |
0.54 | $3.08B | |
0.72 | $145.89B | |
0.73 | $163.24B | |
0.34 | $49.98B | |
1.37 | $21.48B |
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What is the Current Ratio?
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What is the 5-year average Current Ratio for Verizon Communications Inc. (VZ)?
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