Velocity Financial Inc
NYSE:VEL
Balance Sheet
Balance Sheet Decomposition
Velocity Financial Inc
Current Assets | 67.6m |
Cash & Short-Term Investments | 40.6m |
Receivables | 27m |
Non-Current Assets | 4.3B |
PP&E | 2.8m |
Intangibles | 6.8m |
Other Non-Current Assets | 4.3B |
Current Liabilities | 456.7m |
Accounts Payable | 122m |
Short-Term Debt | 334.8m |
Non-Current Liabilities | 3.5B |
Long-Term Debt | 3.5B |
Other Non-Current Liabilities | 7.1m |
Balance Sheet
Velocity Financial Inc
Dec-2014 | Dec-2015 | Dec-2016 | Dec-2017 | Dec-2018 | Dec-2019 | Dec-2020 | Dec-2021 | Dec-2022 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||
Cash & Cash Equivalents |
3
|
5
|
50
|
15
|
15
|
22
|
13
|
36
|
45
|
41
|
|
Cash Equivalents |
3
|
5
|
50
|
15
|
15
|
22
|
13
|
36
|
45
|
41
|
|
Total Receivables |
2
|
5
|
6
|
8
|
11
|
14
|
12
|
13
|
21
|
27
|
|
Accounts Receivables |
2
|
5
|
6
|
8
|
10
|
13
|
11
|
13
|
21
|
27
|
|
Other Receivables |
0
|
0
|
0
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
|
Total Current Assets |
5
|
9
|
56
|
24
|
26
|
36
|
25
|
49
|
66
|
68
|
|
PP&E Net |
1
|
2
|
4
|
6
|
6
|
11
|
9
|
8
|
6
|
5
|
|
PP&E Gross |
0
|
0
|
0
|
6
|
0
|
11
|
9
|
8
|
6
|
5
|
|
Accumulated Depreciation |
0
|
0
|
0
|
3
|
0
|
1
|
6
|
8
|
7
|
8
|
|
Goodwill |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
7
|
7
|
7
|
|
Note Receivable |
435
|
893
|
1 069
|
1 336
|
1 692
|
2 135
|
2 038
|
2 693
|
3 624
|
4 246
|
|
Other Long-Term Assets |
3
|
8
|
2
|
0
|
3
|
18
|
14
|
29
|
22
|
24
|
|
Other Assets |
5
|
1
|
2
|
6
|
8
|
15
|
17
|
34
|
32
|
62
|
|
Total Assets |
449
N/A
|
913
+103%
|
1 133
+24%
|
1 372
+21%
|
1 735
+26%
|
2 215
+28%
|
2 103
-5%
|
2 813
+34%
|
3 749
+33%
|
4 405
+17%
|
|
Liabilities | |||||||||||
Accounts Payable |
4
|
9
|
12
|
22
|
27
|
56
|
63
|
88
|
89
|
119
|
|
Accrued Liabilities |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
4
|
3
|
3
|
|
Short-Term Debt |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
335
|
|
Total Current Liabilities |
4
|
9
|
12
|
22
|
27
|
56
|
63
|
92
|
92
|
457
|
|
Long-Term Debt |
366
|
818
|
973
|
1 194
|
1 545
|
2 006
|
1 730
|
2 376
|
3 277
|
3 507
|
|
Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
3
|
4
|
3
|
|
Other Liabilities |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
4
|
|
Total Liabilities |
369
N/A
|
826
+124%
|
985
+19%
|
1 216
+24%
|
1 572
+29%
|
2 062
+31%
|
1 793
-13%
|
2 471
+38%
|
3 372
+36%
|
3 971
+18%
|
|
Equity | |||||||||||
Common Stock |
0
|
0
|
23
|
25
|
27
|
0
|
90
|
0
|
0
|
0
|
|
Retained Earnings |
0
|
0
|
0
|
0
|
0
|
0
|
15
|
44
|
77
|
129
|
|
Additional Paid In Capital |
0
|
0
|
0
|
0
|
0
|
0
|
204
|
296
|
300
|
307
|
|
Treasury Stock |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
|
Other Equity |
79
|
86
|
125
|
131
|
137
|
153
|
0
|
0
|
0
|
1
|
|
Total Equity |
79
N/A
|
86
+9%
|
148
+72%
|
156
+5%
|
163
+5%
|
153
-6%
|
310
+103%
|
341
+10%
|
377
+10%
|
433
+15%
|
|
Total Liabilities & Equity |
449
N/A
|
913
+103%
|
1 133
+24%
|
1 372
+21%
|
1 735
+26%
|
2 215
+28%
|
2 103
-5%
|
2 813
+34%
|
3 749
+33%
|
4 405
+17%
|
|
Shares Outstanding | |||||||||||
Common Shares Outstanding |
19
|
19
|
19
|
19
|
19
|
19
|
20
|
32
|
33
|
33
|
|
Preferred Shares Outstanding |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|