Veralto Corporation (VLTO)
Quick ratio
| Dec 31, 2023 | Sep 30, 2023 | ||
|---|---|---|---|
| Cash | US$ in thousands | 762,000 | 426,000 |
| Short-term investments | US$ in thousands | — | — |
| Receivables | US$ in thousands | 979,000 | 816,000 |
| Total current liabilities | US$ in thousands | 1,265,000 | 1,034,000 |
| Quick ratio | 1.38 | 1.20 |
December 31, 2023 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($762,000K
+ $—K
+ $979,000K)
÷ $1,265,000K
= 1.38
Peer comparison
Dec 31, 2023
Company name
Symbol
Quick ratio
Veralto Corporation
VLTO
1.38
Agilent Technologies Inc
A
1.88
Cohu Inc
COHU
3.25
Itron Inc
ITRI
1.13
Teradyne Inc
TER
1.88