Financial Services - Financial - Mortgages - NYSE - US
$ 19.95
-0.15 %
$ 661 M
Market Cap
10.9
P/E
BALANCE SHEET
4.4 B
ASSETS
3.97 B
LIABILITIES
433 M
EQUITY
BALANCE SHEET DECOMPOSITION
Balance Sheet Decomposition
Velocity Financial, Inc.
| Current Assets | 76.4 M |
| Cash & Short-Term Investments | 40.6 M |
| Receivables | 35.8 M |
| Other Current Assets | 0 |
| Non-Current Assets | 4.36 B |
| Long-Term Investments | 0 |
| PP&E | 5.33 M |
| Other Non-Current Assets | 4.36 B |
| Current Liabilities | 0 |
| Accounts Payable | 122 M |
| Short-Term Debt | 335 M |
| Other Current Liabilities | -457 M |
| Non-Current Liabilities | 3.97 B |
| Long-Term Debt | 3.51 B |
| Other Non-Current Liabilities | 460 M |
Balance Sheet
Millions
| Dec-2023 | Dec-2022 | Dec-2021 | Dec-2020 | Dec-2019 | Dec-2018 | Dec-2017 | Dec-2016 | Dec-2015 | |
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Cash & Cash Equivalents | 40.8 | 45.2 | 36.1 | 13.3 | 22.6 | 16.0 | 15.9 | 51.7 | 12.3 |
| Short Term Investments | (0.2) | 3 272.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Receivables | 35.8 | 95.5 | 89.3 | 86.5 | 67.7 | 52.7 | 34.3 | 0 | 18.9 |
| Inventory | 0 | 13.3 | 17.6 | 15.8 | 13.1 | (1 743.8) | (1 371.8) | (1 163.5) | 0 |
| Other Current Assets | 0 | 1.8 | 0 | 0 | 0 | 1.1 | 0 | 0 | (31.2) |
| Total Current Assets | 76.4 | 3 358.6 | 125.4 | 99.8 | 90.3 | 68.9 | 50.2 | 50.0 | 0 |
| PP&E | 5.3 | 3.4 | 7.6 | 4.1 | 10.7 | 5.5 | 5.8 | 3.9 | 1.5 |
| Intangible Assets | 8.6 | 9.2 | 7.2 | 4.6 | 5.3 | 4.8 | 4.9 | 0 | 0 |
| Goodwill | 6.8 | 6.8 | 6.8 | 0 | 0 | 4.3 | 0 | 0 | 0 |
| Long Term Investments | 0 | 0 | 4.9 | 0.2 | (5.3) | (1 747.4) | (1 371.0) | 0 | 0 |
| Other Long Term Assets | (20.7) | (9.2) | (21.5) | (11.5) | (8.3) | (5.5) | (5.8) | (53.9) | 879.2 |
| Other Assets | (35.8) | 375.2 | 2 665.5 | 1 999.0 | 2 113.8 | 1 663.5 | 1 315.9 | 0 | 912.6 |
| Total Assets | 4 404.6 | 3 749.0 | 2 812.5 | 2 102.9 | 2 214.8 | 1 738.0 | 1 371.8 | 1 133.1 | 912.6 |
| LIABILITIES | |||||||||
| Accounts Payable | 122.0 | 91.5 | 92.2 | 63.4 | 0 | 26.8 | 22.0 | 0 | 0 |
| Short Term Debt | 334.8 | 330.8 | 301.1 | 75.9 | 421.5 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | (670.8) | (422.3) | (602.1) | (151.8) | (421.5) | (26.8) | (22.0) | 0 | 0 |
| Total Current Liabilities | 0 | 91.5 | 301.1 | 75.9 | 421.5 | 215.9 | 85.3 | 1 957.2 | 0 |
| Long Term Debt | 3 507.3 | 2 946.1 | 2 074.7 | 1 654.0 | 2 005.8 | 1 545.2 | 1 194.2 | 972.5 | 817.7 |
| Deferred Tax Income | 0 | 7.2 | 3.5 | 3.8 | 12.2 | (1 511.2) | (1 166.2) | (904.4) | 0 |
| Other Liabilities | (3 507.3) | 422.3 | (2 074.7) | (1 654.0) | (2 005.8) | (1 545.2) | (1 194.2) | 0 | 8.6 |
| Total Liabilities | 3 967.7 | 3 368.5 | 2 468.0 | 1 883.3 | 2 061.9 | 1 598.3 | 1 240.9 | 125.3 | 826.2 |
| EQUITY | |||||||||
| Common Stock | 0.3 | 376.8 | 0.3 | 0.2 | 152.8 | 136.8 | 130.9 | 125.3 | 86.4 |
| Retained Earnings | 128.9 | 76.6 | 44.4 | 15.2 | 152.8 | 163.3 | 155.6 | 148.4 | 0 |
| Other Accumulative Comprehensive Income/Loss | (1.2) | 0 | 0 | (90.0) | 152.8 | (4.0) | (2.7) | 148.4 | 0 |
| Total Equity | 436.9 | 380.5 | 344.5 | 2 024.3 | 2 131.1 | 1 668.2 | 1 309.4 | 2 053.9 | 86.4 |
| Total Liabilities and Equity | 4 404.6 | 3 749.0 | 2 812.5 | 2 102.9 | 2 214.8 | 1 738.0 | 1 371.8 | 972.5 | 912.6 |
| SHARES OUTSTANDING | |||||||||
| Common Shares Outstanding | 32.2 | 31.9 | 22.8 | 20.1 | 20.1 | 11.7 | 11.7 | 11.7 | 20.1 |