How much debt does Vroom have?
According to Vroom's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Vroom's total debt stands at $1.23B. This is broken down into:
- Long-term debt: $479.36M
- Short-term debt: $753.59M
The company's net debt, which accounts for cash and cash equivalents, is $1.10B. In terms of overall financial obligations, Vroom's total liabilities amount to $1.35B.
Debt Ratios and Metrics
To better understand Vroom's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 10.09 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 83.57% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: -5.95 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 78.81% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 90.99% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Vroom's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$1.23B
Long-term Debt
$479.36M
Short-term Debt
$753.59M
Net Debt
$1.10B
Total Liabilities
$1.35B
Interest Coverage
-5.95
Debt to Equity Ratio
10.09
Debt Ratio
83.57%
Vroom Historical Debt Metrics
Vroom Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2023.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $1.23B | $479.36M | $753.59M | $1.10B | $1.35B | 10.09 | 83.57% | -5.95 | 78.81% | 90.99% |
| 2022 | $985.76M | $422.28M | $563.48M | $586.84M | $1.14B | 2.07 | 60.89% | -8.84 | 45.84% | 67.47% |
| 2021 | $1.14B | $620.21M | $519.69M | $7.58M | $1.45B | 1.25 | 48.16% | -16.34 | 40.02% | 55.47% |
| 2020 | $347.38M | $12.09M | $335.28M | $-708.84M | $496.95M | 0.28 | 20.15% | -18.50 | 0.00% | 22.06% |
| 2019 | $173.78M | $181.00K | $173.60M | $-43.96M | $1.14B | -0.30 | 30.85% | -9.12 | -0.03% | -43.44% |
| 2018 | $119.91M | $16.05M | $103.87M | $-41.74M | $689.71M | -0.40 | 30.52% | -9.38 | -5.71% | -67.77% |
Related Metrics
Explore detailed financial metrics and analysis for VRM.