Veralto Corporation (VLTO)
Debt-to-capital ratio
Dec 31, 2023 | Sep 30, 2023 | ||
---|---|---|---|
Long-term debt | US$ in thousands | 2,629,000 | 2,604,000 |
Total stockholders’ equity | US$ in thousands | 1,383,000 | 1,038,000 |
Debt-to-capital ratio | 0.66 | 0.71 |
December 31, 2023 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $2,629,000K ÷ ($2,629,000K + $1,383,000K)
= 0.66
Peer comparison
Dec 31, 2023
Company name
Symbol
Debt-to-capital ratio
Veralto Corporation
VLTO
0.66
Agilent Technologies Inc
A
0.00
Cohu Inc
COHU
0.03
Itron Inc
ITRI
0.26
Teradyne Inc
TER
0.00