A Look Into Verisk Analytics' Debt
Portfolio Pulse from Benzinga Insights
Verisk Analytics Inc. (NASDAQ:VRSK) has seen its shares rise by 17.69% over the past three months. The company's total debt stands at $2.84 billion, with net debt at $2.61 billion after adjusting for $231.90 million in cash-equivalents. The company's debt-ratio is 0.68, indicating a considerable portion of debt is funded by assets. Debt is an important factor in a company's capital structure and contributes to its growth.
July 17, 2023 | 1:45 pm
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Verisk Analytics' shares have risen significantly in the past three months. The company's total debt is $2.84 billion, indicating a high level of financial leverage. This could impact the company's cash flow due to interest-payment obligations.
Verisk Analytics' high debt level indicates a high level of financial leverage, which could impact the company's cash flow due to interest-payment obligations. However, the company's shares have risen significantly in the past three months, which could be a positive sign for investors. The debt-ratio of 0.68 indicates that a considerable portion of the company's debt is funded by assets, which could be seen as a positive sign by some investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100