too much
3 replies (most recent on top)
@1ygm+1su92uZu. good info
OP, great question. The “Balance Sheet” Financial Statement will have this information. As per the “Balance Sheet” in the Verizon 2024 Q1 10-Q filing, found on the Verizon Investor page, the debt is as follows:
Debt maturing within one year (Current): $15,594,000,000
Long-Term Debt (Notes Due Over Different Periods): $136,104,000,000
Debt (Capital Leases NOT Included): $151,698,000,000
Source: Verizon.com, About, Investors, SEC-Filings, Latest 10-Q, Balance Sheet, Page 6
https://www.verizon.com/about/investors/sec-filings
One thing to remember, debt is only a part of “Liabilities”. A company has other obligations/”liabilities”, in addition to debt/”loans”, used to finance the operations. Good link below to explain the difference between liability and debt.
https://www.accountingtools.com/articles/the-difference-between-liability-and-debt
A company needs to generate enough “Cash Flow” to be able to pay “Current Liabilities”. Some other good links to see “Balance Sheet” info.
https://finance.yahoo.com/quote/VZ/balance-sheet
https://www.morningstar.com/stocks/xnys/vz/financials
Finally, a little humor:
“If you owe the bank $100 that's your problem. If you owe the bank $100 million, that's the bank's problem.” (1)
(1) J. Paul Getty, Brainyquote website, retrieved 5/12/2024, https://www.brainyquote.com/quotes/j_paul_getty_129274
Over 100 billion. You have a computer, look it up instead of asking on this site