Veralto Corporation (VLTO)
Debt-to-assets ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | ||
|---|---|---|---|---|
| Long-term debt | US$ in thousands | 2,599,000 | 2,639,000 | 2,615,000 |
| Total assets | US$ in thousands | 6,406,000 | 6,263,000 | 5,903,000 |
| Debt-to-assets ratio | 0.41 | 0.42 | 0.44 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $2,599,000K ÷ $6,406,000K
= 0.41
The debt-to-assets ratio for Veralto Corporation has shown a decreasing trend over the period from June 30, 2024, to December 31, 2024. This ratio stood at 0.44 as of June 30, 2024, decreased to 0.42 by September 30, 2024, and further decreased to 0.41 by December 31, 2024.
A lower debt-to-assets ratio indicates that Veralto Corporation is relying less on debt to finance its assets, which can be considered favorable in terms of financial risk and solvency. This trend suggests that the company is gradually decreasing its debt levels relative to its total assets, which could potentially lead to improved financial stability and flexibility in the future. Further monitoring of this ratio in subsequent periods will be essential to assess Veralto Corporation's ongoing financial health and risk management strategies.
Peer comparison
Dec 31, 2024