Veralto Corporation (VLTO)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 2,038,000 | 1,954,000 | 1,666,000 |
| Debt-to-capital ratio | 0.56 | 0.57 | 0.61 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $2,599,000K ÷ ($2,599,000K + $2,038,000K)
= 0.56
The debt-to-capital ratio of Veralto Corporation has shown a decreasing trend over the three periods analyzed. As of June 30, 2024, the ratio stood at 0.61, indicating that 61% of the company's capital structure was financed through debt. By September 30, 2024, the ratio decreased to 0.57, suggesting a lower reliance on debt, with only 57% of the capital structure funded by debt. This trend continued into December 31, 2024, with the ratio further declining to 0.56, underscoring an improvement in the company's debt management and a shift towards a more balanced capital structure. Overall, the decreasing debt-to-capital ratio signifies a positive trend towards a healthier financial position and potentially lower financial risk for Veralto Corporation.
Peer comparison
Dec 31, 2024