Velocity Financial (VEL)

Total debt on the balance sheet as of September 2024 : C$6.56 Billion

According to Velocity Financial's latest financial reports the company's total debt is C$6.56 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	C$4.44 B	46.86%
2021-12-31	C$3.02 B	37.27%
2020-12-31	C$2.20 B	-15.8%
2019-12-31	C$2.61 B	24.46%
2018-12-31	C$2.10 B	40.19%
2017-12-31	C$1.50 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	C$16.50 B	151.38%	🇺🇸 USA

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Velocity Financial (VEL) - Total debt

Total debt on the balance sheet as of September 2024 : C$6.56 Billion