Vontier Corp (VNT)
Debt-to-equity ratio
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Long-term debt | US$ in thousands | 2,092,000 | 2,189,000 | 2,585,700 | 2,583,800 | 1,795,300 |
Total stockholders’ equity | US$ in thousands | 1,051,100 | 890,400 | 576,500 | 569,900 | 187,800 |
Debt-to-equity ratio | 1.99 | 2.46 | 4.49 | 4.53 | 9.56 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $2,092,000K ÷ $1,051,100K
= 1.99
The debt-to-equity ratio of Vontier Corp has been on a declining trend over the past five years, decreasing from 9.56 in December 2020 to 1.99 in December 2024. This indicates that the company has been reducing its reliance on debt to finance its operations and growth, while increasing the proportion of equity in its capital structure. A lower debt-to-equity ratio generally suggests a lower financial risk and greater financial stability for the company. Vontier Corp's decreasing trend in debt-to-equity ratio may be seen positively by investors and creditors as it signifies a stronger financial position and better ability to withstand economic downturns or challenges.
Peer comparison
Dec 31, 2024