8-KOther Events

VERIZON COMMUNICATIONS INC 8-K Report (Jan 16, 2003)

Filed January 16, 2003For Securities:VZ

Summary

Verizon Communications Inc. filed an 8-K on January 16, 2003, primarily to include the computation of its Ratio of Earnings to Fixed Charges as an exhibit. This filing is crucial for investors seeking to understand the company's ability to meet its debt obligations. While no specific operational or financial results were detailed in the main body of this particular 8-K, the inclusion of the earnings to fixed charges ratio is a standard regulatory requirement that provides insight into Verizon's financial leverage and creditworthiness. Investors should review this ratio in conjunction with other financial disclosures to form a comprehensive view of the company's financial health.

Key Highlights

  • 1Verizon Communications Inc. filed a Current Report (8-K) on January 16, 2003.
  • 2The filing date was January 15, 2003, with an event date of January 15, 2003.
  • 3The primary purpose of this 8-K was to provide Exhibit 12: Computation of Ratio of Earnings to Fixed Charges.
  • 4This exhibit is important for assessing Verizon's ability to cover its fixed financing costs with its earnings.
  • 5No other material events or financial results were reported in the body of this specific 8-K filing.

Frequently Asked Questions

This exhibit demonstrates Verizon's ability to cover its fixed charges (such as interest expense and preferred stock dividends) with its earnings. A higher ratio generally indicates a stronger ability to meet debt obligations and a lower financial risk for investors.

No, this particular 8-K filing from January 16, 2003, does not report on specific financial performance metrics or operational updates. Its sole purpose, as indicated by the items listed, is to file the required computation of the Ratio of Earnings to Fixed Charges.

The actual calculation and the resulting ratio would be detailed within Exhibit 12 attached to this 8-K filing. Investors would need to access the full filing document, typically through the SEC's EDGAR database or a financial data provider, to view the specific numbers and the computed ratio.