Stock Analysis on Net

Verizon Communications Inc. (NYSE:VZ)

Current Ratio
since 2005

Calculation
Comparison to Competitors
Comparison to Sector (Telecommunication Services)
Comparison to Industry (Communication Services)

Calculation

Verizon Communications Inc., current ratio, long-term trends, 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., current ratio, long-term trends, 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).