Velocity Financial Financials

VEL Stock  USD 20.29  0.15  0.74%   
Based on the analysis of Velocity Financial's profitability, liquidity, and operating efficiency, Velocity Financial Llc may be sliding down financialy. It has an above-average chance of going through some form of financial crunch next quarter. At this time, Velocity Financial's Long Term Debt Total is quite stable compared to the past year. Non Current Assets Total is expected to rise to about 4.6 B this year, although the value of Total Assets will most likely fall to about 2.3 B. Key indicators impacting Velocity Financial's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.250.3969
Way Down
Slightly volatile
Return On Assets0.00690.0119
Way Down
Slightly volatile
Return On Equity0.06730.1206
Way Down
Pretty Stable
Debt Equity Ratio7.08.864
Significantly Down
Very volatile
Operating Income66.9 M65.9 M
Fairly Up
Slightly volatile
Current Ratio34.6833.03
Sufficiently Up
Slightly volatile
The essential information of the day-to-day investment outlook for Velocity Financial includes many different criteria found on its balance sheet. An individual investor should monitor Velocity Financial's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Velocity Financial.

Cash And Equivalents

30.86 Million

  
Understanding current and past Velocity Financial Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Velocity Financial's financial statements are interrelated, with each one affecting the others. For example, an increase in Velocity Financial's assets may result in an increase in income on the income statement.

Velocity Financial Stock Summary

Velocity Financial competes with Guild Holdings, Mr Cooper, Encore Capital, CNFinance Holdings, and Security National. Velocity Financial, Inc. operates as a real estate finance company in the United States. Velocity Financial, Inc. was founded in 2004 and is headquartered in Westlake Village, California. Velocity Financial operates under Mortgage Finance classification in the United States and is traded on New York Stock Exchange. It employs 215 people.
Foreign Associate
  UK
Specialization
Financial Services, Financial Services
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS92262D1019
CUSIP92262D101
LocationCalifornia; U.S.A
Business Address30699 Russell Ranch
SectorFinancial Services
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.velfinance.com
Phone818 532 3700
CurrencyUSD - US Dollar

Velocity Financial Key Financial Ratios

Velocity Financial Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets2.2B2.1B2.8B3.7B4.4B2.3B
Cash22.6M13.3M36.1M45.2M40.8M27.2M
Other Assets2.1B2.0B2.7B375.2M(35.8M)(34.0M)
Long Term Debt2.0B1.7B2.1B2.9B3.5B1.9B
Net Receivables67.7M86.5M89.3M87.2M35.8M34.0M
Long Term Debt Total2.0B1.7B2.4B3.3B3.8B4.0B
Total Liab2.1B1.9B2.5B3.4B4.0B2.1B
Net Tangible Assets147.6M215.0M337.7M370.0M425.5M228.4M
Accounts Payable49.8M63.4M92.2M91.5M122.0M66.0M
Other Current Assets(108.4M)(122.7M)(154.9M)(170.8M)(226.9M)(215.5M)
Total Current Assets90.3M99.8M125.4M3.4B76.4M72.5M
Cash And Equivalents21.5M13.3M36.0M45.2M52.0M30.9M
Short Term Debt421.5M75.9M301.1M330.8M334.8M242.7M
Common Stock152.8M201K323K376.8M331K314.5K
Net Debt2.0B1.7B2.3B3.2B3.8B2.5B
Net Invested Capital2.0B1.9B2.7B3.7B4.3B2.7B
Short Long Term Debt421.5M75.9M301.1M330.8M334.8M277.4M
Intangible Assets5.3M4.6M7.2M9.2M8.6M7.0M

Velocity Financial Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense98.5M99.9M106.0M157.2M203.0M213.2M
Total Revenue54.3M66.0M75.9M93.1M131.7M66.8M
Gross Profit44.4M53.2M62.5M80.3M131.7M138.3M
Operating Income25.4M23.1M39.8M172.0M65.9M66.9M
Cost Of Revenue9.9M12.8M13.4M12.7M32.9M34.5M
Interest Income98.5M167.3M182.0M240.3M290.1M146.8M
Income Before Tax25.4M23.1M39.8M44.6M71.1M74.7M
Net Income17.3M17.8M29.2M32.2M52.3M54.9M
Tax Provision8.1M5.4M10.6M12.0M17.2M8.9M
Net Interest Income59.0M67.4M76.0M83.1M97.7M68.2M
Ebit25.4M(23.8M)(3.0M)(31.7M)215.3M226.1M
Ebitda27.9M25.6M42.2M22.2M279.0M293.0M
Income Tax Expense8.1M5.4M10.6M12.0M18.8M11.7M

Velocity Financial Key Cash Accounts

201920202021202220232024 (projected)
Investments(305.9M)87.7M685.2M815.9M(450.0M)(427.5M)
Change In Cash10.9M(7.3M)27.3M14.5M(129K)(122.6K)
Net Borrowings467.7M(283.1M)65.8M18.6M16.7M15.9M
Free Cash Flow(107.3M)53.3M57.3M48.3M60.9M63.9M
Depreciation2.5M2.4M2.4M2.1M2.3M2.0M
Other Non Cash Items(130.8M)22.5M21.0M17.2M(29.2M)(30.7M)
Capital Expenditures2.0M1.6M329K326K180K171K
Net Income17.3M17.8M29.2M32.5M52.3M54.9M
End Period Cash Flow27.6M20.3M47.6M62.1M61.9M41.7M
Change To Netincome(136.2M)9.0M(16.8M)10.2M11.7M12.3M

Velocity Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Velocity Financial's current stock value. Our valuation model uses many indicators to compare Velocity Financial value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Velocity Financial competition to find correlations between indicators driving Velocity Financial's intrinsic value. More Info.
Velocity Financial Llc is rated first in return on equity category among its peers. It is rated fourth in return on asset category among its peers reporting about  0.10  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Velocity Financial Llc is roughly  10.27 . At this time, Velocity Financial's Return On Equity is quite stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Velocity Financial by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Velocity Financial Llc Systematic Risk

Velocity Financial's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Velocity Financial volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Velocity Financial Llc correlated with the market. If Beta is less than 0 Velocity Financial generally moves in the opposite direction as compared to the market. If Velocity Financial Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Velocity Financial Llc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Velocity Financial is generally in the same direction as the market. If Beta > 1 Velocity Financial moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Velocity Financial Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Velocity Financial's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Velocity Financial growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.18

At this time, Velocity Financial's Price Earnings To Growth Ratio is quite stable compared to the past year.

Velocity Financial November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Velocity Financial help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Velocity Financial Llc. We use our internally-developed statistical techniques to arrive at the intrinsic value of Velocity Financial Llc based on widely used predictive technical indicators. In general, we focus on analyzing Velocity Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Velocity Financial's daily price indicators and compare them against related drivers.
When determining whether Velocity Financial Llc is a strong investment it is important to analyze Velocity Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Velocity Financial's future performance. For an informed investment choice regarding Velocity Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Velocity Financial Llc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Commercial & Residential Mortgage Finance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Velocity Financial. If investors know Velocity will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Velocity Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.265
Earnings Share
1.84
Revenue Per Share
4.973
Quarterly Revenue Growth
0.291
Return On Assets
0.0139
The market value of Velocity Financial Llc is measured differently than its book value, which is the value of Velocity that is recorded on the company's balance sheet. Investors also form their own opinion of Velocity Financial's value that differs from its market value or its book value, called intrinsic value, which is Velocity Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Velocity Financial's market value can be influenced by many factors that don't directly affect Velocity Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Velocity Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Velocity Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Velocity Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.