Vontier Corp (VNT)
Debt-to-equity 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-equity ratio | 1.99 | 2.12 | 2.16 | 2.22 | 2.46 | 3.09 | 3.48 | 3.96 | 4.49 | 5.30 | 5.21 | 4.71 | 4.53 |
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 shown a decreasing trend from 4.53 as of December 31, 2021, to 1.99 as of December 31, 2024. This indicates that the company has been reducing its reliance on debt financing in relation to equity over the specified period. A decreasing debt-to-equity ratio typically suggests improved financial stability and lower financial risk, as the company is relying more on equity to finance its operations and growth. It also indicates that the company may be managing its debt levels effectively and potentially enhancing its financial flexibility for future investments or downturns in the industry.
Peer comparison
Dec 31, 2024