Veralto Corporation (VLTO)
Quick ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | ||
|---|---|---|---|---|
| Cash | US$ in thousands | 1,101,000 | 1,267,000 | 1,043,000 |
| Short-term investments | US$ in thousands | — | — | — |
| Receivables | US$ in thousands | 977,000 | 839,000 | 803,000 |
| Total current liabilities | US$ in thousands | 1,245,000 | 1,226,000 | 1,190,000 |
| Quick ratio | 1.67 | 1.72 | 1.55 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($1,101,000K
+ $—K
+ $977,000K)
÷ $1,245,000K
= 1.67
The quick ratio of Veralto Corporation has shown consistency and strength over the periods reported. The ratio stood at 1.55 on June 30, 2024, indicating that the company had $1.55 in liquid assets available to cover each dollar of current liabilities. This improved to 1.72 by September 30, 2024, suggesting an even better liquidity position. Despite a slight decrease to 1.67 on December 31, 2024, the company still maintains a healthy quick ratio above 1, signaling a sufficient ability to meet short-term obligations without having to rely heavily on inventory. Overall, Veralto Corporation's quick ratio demonstrates a stable and favorable liquidity position throughout the periods analyzed.
Peer comparison
Dec 31, 2024