Veralto Corporation (VLTO)
Current ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | ||
|---|---|---|---|---|
| Total current assets | US$ in thousands | 2,387,000 | 2,617,000 | 2,333,000 |
| Total current liabilities | US$ in thousands | 1,245,000 | 1,226,000 | 1,190,000 |
| Current ratio | 1.92 | 2.13 | 1.96 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $2,387,000K ÷ $1,245,000K
= 1.92
The current ratio of Veralto Corporation indicates the company's ability to meet its short-term liabilities with its current assets. For June 30, 2024, the current ratio stood at 1.96, implying that the company had $1.96 in current assets for every dollar of current liabilities. This ratio increased to 2.13 by September 30, 2024, suggesting an improvement in the company's liquidity position. However, by December 31, 2024, the current ratio declined to 1.92, indicating that the company may have experienced a slight reduction in its ability to cover short-term obligations with current assets. Overall, Veralto Corporation exhibited varying levels of liquidity over the period, with the current ratio fluctuating within the observed range.
Peer comparison
Dec 31, 2024