Velocity Financial, Inc. (VEL) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 308.35M | 143.68M | 148.27M | 265.9M | 213.75M | 212.34M | 174.98M | 167.41M | 178.06M | 163.65M | 124.52M | 121.79M | 126.65M | 142.75M | 113.66M | 139.08M | 133.6M | 127.06M | 105.4M | 122.52M |
| Cash & Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cash Only | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Sales Outstanding | 66.43 | 24.76 | 23.67 | 22.08 | 27.81 | 25.11 | 24.71 | 24.06 | 26.03 | 23.1 | 23.87 | 23.43 | 23.41 | 24.31 | 24.97 | 23.51 | 22.38 | 23.36 | 23.45 | 22.27 |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 0 | 0 | 2.75M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 26.56M | 30.9M | 24.88M | 6.21B | 5.76B | 5.32B | 5.03B | 4.71B | 4.59B | 4.24B | 3.99B | 3.83B | 12.53M | 3.61B | 3.53B | 3.19B | 2.98B | 2.69B | 2.35B | 2.15B |
| Property, Plant & Equipment | 1.32M | 1.42M | 1.48M | 1.54M | 1.59M | 4.15M | 1.69M | 1.91M | 2.01M | 5.33M | 2.86M | 3.02M | 3.21M | 5.78M | 3.5M | 3.63M | 3.69M | 7.57M | 3.35M | 3.63M |
| Fixed Asset Turnover | 122.61x | 125.92x | 114.10x | 106.05x | 41.53x | 42.74x | 66.17x | 58.30x | 26.86x | 25.19x | 31.02x | 27.13x | 17.71x | 15.83x | 17.66x | 15.85x | 9.75x | 9.06x | 12.98x | 12.10x |
| Goodwill | 6.78M | 6.78M | 6.78M | 6.78M | 6.78M | 6.78M | 6.78M | 6.78M | 6.78M | 6.78M | 6.78M | 6.78M | 6.78M | 6.78M | 6.78M | 6.78M | 6.78M | 6.78M | 0 | 0 |
| Intangible Assets | 0 | 12.96M | 12.6M | 12.94M | 12.63M | 13.71M | 12.42M | 12.23M | 9.02M | 8.58M | 9.79M | 9.45M | 9.14M | 9.24M | 9.87M | 8.44M | 7.66M | 7.15M | 0 | 0 |
| Long-Term Investments | 0 | 66K | 18K | 6.05B | 5.61B | 5.19B | 4.9B | 4.59B | 4.38B | 4.15B | 3.92B | 3.76B | 0 | 3.55B | 3.46B | 3.12B | 2.91B | 2.62B | 2.3B | 2.09B |
| Other Non-Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Assets | 7.59B | 7.38B | 6.96B | 6.48B | 5.97B | 5.53B | 5.2B | 4.87B | 4.63B | 4.4B | 4.12B | 3.95B | 3.84B | 3.75B | 3.65B | 3.33B | 3.11B | 2.81B | 2.46B | 2.27B |
| Asset Turnover | 0.02x | 0.03x | 0.03x | 0.03x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x |
| Asset Growth % | 27.13% | 33.54% | 33.76% | 32.88% | 29.02% | 25.49% | 26.36% | 23.34% | 20.62% | 17.49% | 12.88% | 18.56% | 23.39% | 33.3% | 48.44% | 46.97% | 43.65% | 33.74% | 15.53% | 3.68% |
| Total Current Liabilities | 485.44M | 309.5M | 332.39M | 495.99M | 723.5M | 495.9M | 574.56M | 375.47M | 484.2M | 456.72M | 313.05M | 331.09M | 0 | 422.34M | 415.2M | 286.77M | 517.46M | 393.26M | 337.85M | 221.92M |
| Accounts Payable | 0 | 168.31M | 170.58M | 164.94M | 153.47M | 147.81M | 140.53M | 138.03M | 123.99M | 121.97M | 97.87M | 95.34M | 84.98M | 91.53M | 75.15M | 78.38M | 92.77M | 92.19M | 79.36M | 70.05M |
| Days Payables Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Debt | 485.44M | 309.5M | 332.39M | 331.06M | 570.02M | 348.08M | 434.03M | 237.44M | 360.22M | 334.75M | 215.18M | 235.75M | 298.31M | 330.81M | 340.05M | 208.39M | 424.69M | 301.07M | 258.49M | 151.87M |
| Deferred Revenue (Current) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Liabilities | 0 | -168.31M | -170.58M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -383.29M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Ratio | 0.64x | 0.46x | 0.45x | 0.54x | 0.30x | 0.43x | 0.30x | 0.45x | 0.37x | 0.36x | 0.40x | 0.37x | - | 0.34x | 0.27x | 0.48x | 0.26x | 0.32x | 0.31x | 0.55x |
| Quick Ratio | 0.64x | 0.46x | 0.45x | 0.54x | 0.30x | 0.43x | 0.30x | 0.45x | 0.37x | 0.36x | 0.40x | 0.37x | - | 0.34x | 0.27x | 0.48x | 0.26x | 0.32x | 0.31x | 0.55x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 6.41B | 6.4B | 5.99B | 5.38B | 4.68B | 4.51B | 4.14B | 4.02B | 4.17B | 3.51B | 3.38B | 3.21B | 0 | 2.95B | 2.86B | 2.69B | 2.24B | 2.07B | 1.88B | 1.81B |
| Long-Term Debt | 0 | 6.23B | 5.82B | 5.38B | 4.68B | 4.51B | 4.14B | 4.02B | 3.69B | 3.51B | 3.38B | 3.21B | 3.06B | 2.95B | 2.86B | 2.69B | 2.24B | 2.07B | 1.79B | 1.72B |
| Capital Lease Obligations | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Deferred Tax Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Current Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | 6.9B | 6.71B | 6.32B | 5.87B | 5.41B | 5.01B | 4.71B | 4.4B | 4.17B | 3.97B | 3.7B | 3.55B | 3.45B | 3.37B | 3.28B | 2.97B | 2.76B | 2.47B | 2.21B | 2.03B |
| Total Debt | 485.44M | 6.54B | 6.15B | 5.71B | 5.25B | 4.86B | 4.57B | 4.26B | 4.05B | 3.84B | 3.6B | 3.45B | 3.36B | 3.28B | 3.2B | 2.89B | 2.67B | 2.38B | 2.05B | 1.87B |
| Net Debt | 373.39M | 6.45B | 6.05B | 5.63B | 5.2B | 4.81B | 4.53B | 4.21B | 3.99B | 3.8B | 3.57B | 3.42B | 3.32B | 3.23B | 3.18B | 2.85B | 2.63B | 2.34B | 2.01B | 1.85B |
| Debt / Equity | 0.69x | 9.68x | 9.65x | 9.50x | 9.27x | 9.34x | 9.38x | 8.97x | 8.87x | 8.79x | 8.57x | 8.51x | 8.59x | 8.61x | 8.64x | 8.05x | 7.67x | 6.90x | 8.45x | 8.03x |
| Debt / EBITDA | 3.47x | 40.80x | 172.30x | 166.65x | - | 45.19x | 209.19x | 208.53x | 45.85x | 166.59x | 202.69x | 198.97x | 220.21x | 268.08x | 219.76x | 188.97x | 585.70x | 197.65x | 177.46x | 140.01x |
| Net Debt / EBITDA | 2.67x | 40.22x | 169.52x | 164.32x | - | 44.72x | 207.18x | 206.21x | 45.19x | 164.82x | 201.04x | 197.01x | 217.63x | 264.36x | 217.95x | 185.95x | 577.66x | 194.65x | 174.38x | 137.94x |
| Interest Coverage | 1.28x | 1.50x | 0.37x | 0.39x | 1.36x | 1.43x | 0.33x | 0.42x | 1.42x | 0.40x | 0.33x | 0.34x | 0.32x | 0.26x | 0.36x | 0.45x | 0.10x | 0.40x | 0.44x | 0.52x |
| Total Equity | 699.46M | 675.69M | 637.46M | 601.05M | 566.22M | 520.22M | 487.69M | 474.75M | 456.45M | 436.87M | 420.02M | 405.24M | 391.24M | 380.5M | 370.73M | 359.51M | 347.93M | 344.49M | 242.19M | 233.47M |
| Equity Growth % | 23.53% | 29.89% | 30.71% | 26.6% | 24.05% | 19.08% | 16.11% | 17.15% | 16.67% | 14.82% | 13.29% | 12.72% | 12.45% | 10.45% | 53.08% | 53.99% | 55.7% | 56.88% | 15.46% | 13.32% |
| Book Value per Share | 17.86 | 17.70 | 16.43 | 15.91 | 15.38 | 14.41 | 13.59 | 13.34 | 12.88 | 12.49 | 12.09 | 11.87 | 11.49 | 11.17 | 10.84 | 10.56 | 10.17 | 10.06 | 7.08 | 6.87 |
| Total Shareholders' Equity | 696.4M | 672.53M | 634.26M | 597.89M | 563.19M | 516.94M | 484.64M | 471.32M | 452.94M | 433.44M | 416.4M | 401.71M | 387.62M | 376.81M | 366.81M | 355.89M | 344.44M | 341.11M | 242.19M | 233.47M |
| Common Stock | 403K | 398K | 396K | 390K | 359K | 339K | 335K | 335K | 334K | 331K | 330K | 329K | 328K | 326K | 325K | 325K | 325K | 323K | 206K | 206K |
| Retained Earnings | 324.74M | 302.38M | 267.58M | 242.21M | 216.21M | 197.32M | 176.74M | 160.94M | 146.16M | 128.91M | 112.46M | 99.47M | 87.28M | 76.63M | 68.17M | 58.19M | 47.54M | 44.42M | 36.07M | 28.05M |
| Treasury Stock | 0 | -10.2M | -10.2M | -10.02M | -5.03M | -2.87M | -2.87M | -2.87M | -2.6M | -1.32M | -1.29M | -1.29M | -1.29M | -458K | -458K | -458K | -458K | 0 | 0 | 0 |
| Accumulated OCI | -2.31M | -2.6M | -2.92M | -3.21M | -1.8M | -805K | -2.65M | 1.6M | 794K | -1.21M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 3.06M | 3.15M | 3.2M | 3.16M | 3.03M | 3.27M | 3.05M | 3.42M | 3.51M | 3.43M | 3.62M | 3.54M | 3.62M | 3.69M | 3.92M | 3.62M | 3.49M | 3.38M | 0 | 0 |