Velocity Financial (VEL)

Total debt on the balance sheet as of September 2024 : ₹388.78 Billion

According to Velocity Financial's latest financial reports the company's total debt is ₹388.78 Billion. A company’s total debt is the sum of all current and non-current debts.

Velocity Financial - Total debt on balance sheet (from 2018 to 2024)

Total debt by year

Year	Total debt	Change
2022-12-31	₹271.16 B	53.35%
2021-12-31	₹176.83 B	39.77%
2020-12-31	₹126.51 B	-11.55%
2019-12-31	₹143.03 B	32.39%
2018-12-31	₹108.04 B	41.7%
2017-12-31	₹76.24 B

Total debt for similar companies or competitors

Company	Total debt/th>	differencediff.	Country
New Residential Investment NRZ	N/A	N/A	🇺🇸 USA
Onity Group OCN	₹977.32 B	151.38%	🇺🇸 USA

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In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Velocity Financial (VEL) - Total debt

Total debt on the balance sheet as of September 2024 : ₹388.78 Billion