Veralto Corporation (VLTO)
Cash ratio
| Dec 31, 2023 | Sep 30, 2023 | ||
|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 762,000 | 426,000 |
| Short-term investments | US$ in thousands | — | — |
| Total current liabilities | US$ in thousands | 1,265,000 | 1,034,000 |
| Cash ratio | 0.60 | 0.41 |
December 31, 2023 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($762,000K
+ $—K)
÷ $1,265,000K
= 0.60
Peer comparison
Dec 31, 2023
Company name
Symbol
Cash ratio
Veralto Corporation
VLTO
0.60
Agilent Technologies Inc
A
1.08
Cohu Inc
COHU
3.25
Itron Inc
ITRI
0.56
Teradyne Inc
TER
1.24