Growth Metrics

Veritec (VRTC) Debt Ratio (2016 - 2021)

Veritec has reported Debt Ratio over the past 4 years, most recently at 0.43 for Q3 2021.

  • Quarterly results put Debt Ratio at 0.43 for Q3 2021, changed N/A from a year ago — trailing twelve months through Sep 2021 was 0.43 (changed N/A YoY), and the annual figure for FY2021 was 0.47, changed.
  • Debt Ratio for Q3 2021 was 0.43 at Veritec, down from 0.47 in the prior quarter.
  • Over the last five years, Debt Ratio for VRTC hit a ceiling of 9.99 in Q2 2017 and a floor of 0.26 in Q1 2021.
  • Median Debt Ratio over the past 3 years was 2.23 (2017), compared with a mean of 3.0.
  • Biggest five-year swings in Debt Ratio: tumbled 72.16% in 2017 and later surged 100.59% in 2018.
  • Veritec's Debt Ratio stood at 0.27 in 2017, then skyrocketed by 1629.74% to 4.69 in 2018, then tumbled by 90.89% to 0.43 in 2021.
  • The last three reported values for Debt Ratio were 0.43 (Q3 2021), 0.47 (Q2 2021), and 0.26 (Q1 2021) per Business Quant data.