Veralto (FRA:RZ2) Debt-to-Equity : 1.77 (As of Mar. 2024)

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What is Veralto Debt-to-Equity?

Veralto's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0 Mil. Veralto's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €2,409 Mil. Veralto's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €1,363 Mil. Veralto's debt to equity for the quarter that ended in Mar. 2024 was 1.77.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Veralto's Debt-to-Equity or its related term are showing as below:

FRA:RZ2' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 1.89 Max: 2.51
Current: 1.77

During the past 4 years, the highest Debt-to-Equity Ratio of Veralto was 2.51. The lowest was 0.04. And the median was 1.89.

FRA:RZ2's Debt-to-Equity is ranked worse than
95.09% of 2629 companies
in the Industrial Products industry
Industry Median: 0.29 vs FRA:RZ2: 1.77

Veralto Debt-to-Equity Historical Data

The historical data trend for Veralto's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Veralto Debt-to-Equity Chart

Veralto Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

N/A

0.04

2.01

Veralto Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial					N/A	2.51	2.51	2.01	1.77

Competitive Comparison of Veralto's Debt-to-Equity

For the Pollution & Treatment Controls subindustry, Veralto's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Veralto's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Veralto's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Veralto's Debt-to-Equity falls into.

Veralto Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Veralto's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(30.261	+	2516.248)	/	1268.211
	=	2.01

Veralto's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	2408.56)	/	1363.44
	=	1.77

Veralto (FRA:RZ2) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Veralto Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Veralto's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Veralto (FRA:RZ2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Veralto Corp (FRA:RZ2) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

VLTO:USA VLTO:Mexico

Address

c/o Danaher Corporation, Suite 800W, 2200 Pennsylvania Avenue, N.W, Washington DC, WA, USA, 20037

Website

http://www.veralto.com

Veralto Corp is company which is a global provider of essential technology solutions that safeguard many of the world's most vital resources. The company operates in two segments such as Water Quality and Product Quality & Innovation. Through WQ segment they improve the quality and reliability of water through leading brands including Hach, Trojan Technologies and ChemTreat. Through PQI segment they promote consumer trust in products and help enable product innovation through leading brands including Videojet, Linx, Esko, X-Rite and Pantone.

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