Calculation
Current ratio | = | Current assets1 | ÷ | Current liabilities1 | |
---|---|---|---|---|---|
Dec 31, 2021 | 0.78 | = | 36,728 | ÷ | 47,160 |
Dec 31, 2020 | 1.38 | = | 54,594 | ÷ | 39,660 |
Dec 31, 2019 | 0.84 | = | 37,473 | ÷ | 44,868 |
Dec 31, 2018 | 0.91 | = | 34,636 | ÷ | 37,930 |
Dec 31, 2017 | 0.91 | = | 29,913 | ÷ | 33,037 |
Dec 31, 2016 | 0.87 | = | 26,395 | ÷ | 30,340 |
Dec 31, 2015 | 0.64 | = | 22,280 | ÷ | 35,052 |
Dec 31, 2014 | 1.06 | = | 29,623 | ÷ | 28,064 |
Dec 31, 2013 | 2.62 | = | 70,994 | ÷ | 27,050 |
Dec 31, 2012 | 0.79 | = | 21,235 | ÷ | 26,956 |
Dec 31, 2011 | 1.01 | = | 30,939 | ÷ | 30,761 |
Dec 31, 2010 | 0.73 | = | 22,348 | ÷ | 30,597 |
Dec 31, 2009 | 0.78 | = | 22,608 | ÷ | 29,136 |
Dec 31, 2008 | 1.01 | = | 26,075 | ÷ | 25,906 |
Dec 31, 2007 | 0.76 | = | 18,698 | ÷ | 24,741 |
Dec 31, 2006 | 0.70 | = | 22,538 | ÷ | 32,280 |
Dec 31, 2005 | 0.66 | = | 16,448 | ÷ | 25,063 |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in millions
Comparison to Competitors
Verizon Communications Inc. | AT&T Inc. | T-Mobile US Inc. | |
---|---|---|---|
Dec 31, 2021 | 0.78 | 0.70 | 0.89 |
Dec 31, 2020 | 1.38 | 0.82 | 1.10 |
Dec 31, 2019 | 0.84 | 0.79 | 0.74 |
Dec 31, 2018 | 0.91 | 0.80 | 0.81 |
Dec 31, 2017 | 0.91 | 0.97 | 0.77 |
Dec 31, 2016 | 0.87 | 0.76 | 1.58 |
Dec 31, 2015 | 0.64 | 0.75 | 1.56 |
Dec 31, 2014 | 1.06 | 0.86 | 1.59 |
Dec 31, 2013 | 2.62 | 0.66 | 2.11 |
Dec 31, 2012 | 0.79 | 0.71 | — |
Dec 31, 2011 | 1.01 | 0.75 | — |
Dec 31, 2010 | 0.73 | 0.59 | — |
Dec 31, 2009 | 0.78 | 0.66 | — |
Dec 31, 2008 | 1.01 | 0.53 | — |
Dec 31, 2007 | 0.76 | 0.63 | — |
Dec 31, 2006 | 0.70 | 0.63 | — |
Dec 31, 2005 | 0.66 | 0.58 | — |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Telecommunication Services)
Verizon Communications Inc., current ratio, long-term trends, comparison to sector (telecommunication services)
Verizon Communications Inc. | Telecommunication Services | |
---|---|---|
Dec 31, 2021 | 0.78 | 0.75 |
Dec 31, 2020 | 1.38 | 1.05 |
Dec 31, 2019 | 0.84 | 0.80 |
Dec 31, 2018 | 0.91 | 0.84 |
Dec 31, 2017 | 0.91 | 0.94 |
Dec 31, 2016 | 0.87 | 0.88 |
Dec 31, 2015 | 0.64 | 0.79 |
Dec 31, 2014 | 1.06 | 1.02 |
Dec 31, 2013 | 2.62 | 1.57 |
Dec 31, 2012 | 0.79 | 0.75 |
Dec 31, 2011 | 1.01 | 0.88 |
Dec 31, 2010 | 0.73 | 0.66 |
Dec 31, 2009 | 0.78 | 0.71 |
Dec 31, 2008 | 1.01 | 0.71 |
Dec 31, 2007 | 0.76 | 0.68 |
Dec 31, 2006 | 0.70 | 0.66 |
Dec 31, 2005 | 0.66 | 0.62 |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Communication Services)
Verizon Communications Inc., current ratio, long-term trends, comparison to industry (communication services)
Verizon Communications Inc. | Communication Services | |
---|---|---|
Dec 31, 2021 | 0.78 | 1.39 |
Dec 31, 2020 | 1.38 | 1.71 |
Dec 31, 2019 | 0.84 | 1.47 |
Dec 31, 2018 | 0.91 | 1.54 |
Dec 31, 2017 | 0.91 | 1.59 |
Dec 31, 2016 | 0.87 | 1.63 |
Dec 31, 2015 | 0.64 | 1.45 |
Dec 31, 2014 | 1.06 | 1.62 |
Dec 31, 2013 | 2.62 | 1.90 |
Dec 31, 2012 | 0.79 | 1.43 |
Dec 31, 2011 | 1.01 | 1.34 |
Dec 31, 2010 | 0.73 | 1.11 |
Dec 31, 2009 | 0.78 | 1.08 |
Dec 31, 2008 | 1.01 | 0.93 |
Dec 31, 2007 | 0.76 | 0.89 |
Dec 31, 2006 | 0.70 | 0.83 |
Dec 31, 2005 | 0.66 | 0.78 |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).