Veralto Corporation (VLTO)
Debt-to-equity 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-equity ratio | 1.28 | 1.35 | 1.57 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $2,599,000K ÷ $2,038,000K
= 1.28
The debt-to-equity ratio of Veralto Corporation has shown a declining trend over the three consecutive quarters ending December 31, 2024. The ratio decreased from 1.57 as of June 30, 2024, to 1.35 as of September 30, 2024, and further declined to 1.28 as of December 31, 2024. This trend indicates a reduction in the company's reliance on debt financing compared to its equity, which can be seen as a positive sign by potential creditors and investors. It suggests that Veralto Corporation may have improved its financial stability and reduced its financial risk over the analyzed period.
Peer comparison
Dec 31, 2024