Vontier Corp (VNT)
Debt-to-capital ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 2,092,000 | 2,191,100 | 2,190,400 | 2,189,700 | 2,189,000 | 2,348,200 | 2,422,400 | 2,521,600 | 2,585,700 | 2,635,900 | 2,599,200 | 2,584,500 | 2,583,800 |
| Total stockholders’ equity | US$ in thousands | 1,051,100 | 1,034,600 | 1,016,100 | 984,900 | 890,400 | 759,500 | 696,500 | 636,300 | 576,500 | 497,300 | 499,300 | 548,200 | 569,900 |
| Debt-to-capital ratio | 0.67 | 0.68 | 0.68 | 0.69 | 0.71 | 0.76 | 0.78 | 0.80 | 0.82 | 0.84 | 0.84 | 0.83 | 0.82 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $2,092,000K ÷ ($2,092,000K + $1,051,100K)
= 0.67
The debt-to-capital ratio of Vontier Corp has shown a gradual decrease over the past few years, starting at 0.82 as of December 31, 2021, and reaching 0.67 by December 31, 2024. This trend indicates that the company has been effectively managing its debt levels in relation to its total capital, which is a positive sign for investors and creditors. A decreasing debt-to-capital ratio suggests that Vontier Corp is becoming less reliant on debt financing and is potentially strengthening its financial position. It is important to monitor this ratio over time to ensure continued financial stability and sustainability.
Peer comparison
Dec 31, 2024