Velocity Financial (VEL)

Total debt on the balance sheet as of December 2024 : S$6.39 Billion

According to Velocity Financial's latest financial reports the company's total debt is S$6.39 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
2024-12-31	S$6.60 B	30.17%
2023-12-31	S$5.07 B	15.5%
2022-12-31	S$4.39 B	36.78%
2021-12-31	S$3.21 B	40.34%
2020-12-31	S$2.28 B	-15.37%
2019-12-31	S$2.70 B	28.1%
2018-12-31	S$2.11 B	32.16%
2017-12-31	S$1.59 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	S$15.11 B	136.55%	🇺🇸 USA

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Velocity Financial (VEL) - Total debt

Total debt on the balance sheet as of December 2024 : S$6.39 Billion