Stock Analysis on Net

Vertex Pharmaceuticals Inc. (NASDAQ:VRTX)

Analysis of Debt

Microsoft Excel

Total Debt (Carrying Amount)

Vertex Pharmaceuticals Inc., balance sheet: debt

US$ in thousands

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Current finance lease liabilities 5,200 50,600 40,800 46,900 42,434
Long-term finance lease liabilities 112,800 376,100 430,800 509,800 539,042
Total finance lease liabilities (carrying amount) 118,000 426,700 471,600 556,700 581,476

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

Debt item Description The company
Total finance lease liabilities (carrying amount) Sum of the carrying values as of the balance sheet date of all debt plus capital lease obligations. Vertex Pharmaceuticals Inc. total debt decreased from 2022 to 2023 and from 2023 to 2024.

Total Debt (Fair Value)

Microsoft Excel
Dec 31, 2024
Selected Financial Data (US$ in thousands)
Total finance lease liabilities (fair value) 118,000
Financial Ratio
Debt, fair value to carrying amount ratio 1.00

Based on: 10-K (reporting date: 2024-12-31).


Weighted-average Interest Rate on Debt

Weighted-average discount rate, finance leases: 4.58%

Interest rate Debt amount1 Interest rate × Debt amount Weighted-average interest rate2
4.58% 118,000 5,404
Total 118,000 5,404
4.58%

Based on: 10-K (reporting date: 2024-12-31).

1 US$ in thousands

2 Weighted-average interest rate = 100 × 5,404 ÷ 118,000 = 4.58%