Velocity Financial (VEL)

Total debt on the balance sheet as of June 2024 : NZ$7.25 Billion

According to Velocity Financial's latest financial reports the company's total debt is NZ$7.25 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	NZ$5.16 B	48.39%
2021-12-31	NZ$3.47 B	45.08%
2020-12-31	NZ$2.39 B	-19.5%
2019-12-31	NZ$2.97 B	29.29%
2018-12-31	NZ$2.30 B	37%
2017-12-31	NZ$1.68 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	NZ$19.56 B	169.82%	🇺🇸 USA

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Velocity Financial (VEL) - Total debt

Total debt on the balance sheet as of June 2024 : NZ$7.25 Billion