Fortive (NYSE:FTV) Debt-to-Revenue

: 0.56 (As of Dec. 2022)

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Debt-to-Revenue measures a company's ability to pay off its debt.

Fortive's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was $1,038 Mil. Fortive's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was $2,383 Mil. Fortive's annualized Revenue for the quarter that ended in Dec. 2022 was $6,120 Mil. Fortive's annualized Debt-to-Revenue for the quarter that ended in Dec. 2022 was 0.56.

Fortive Debt-to-Revenue Historical Data

The historical data trend for Fortive's Debt-to-Revenue 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.

Fortive Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Revenue

0.90

1.43

0.96

0.79

0.59

Fortive Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Debt-to-Revenue																0.75	0.68	0.63	0.61	0.56

Competitive Comparison

For the Scientific & Technical Instruments subindustry, Fortive's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.

Annual Data Quarterly Data

Fortive Debt-to-Revenue Distribution

For the Hardware industry and Technology sector, Fortive's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Fortive's Debt-to-Revenue falls in comparison to its industry or sector. The grey bar indicates the Debt-to-Revenue's extreme value range as defined by GuruFocus.

Fortive Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Fortive's Debt-to-Revenue for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(1038.1	+	2382.6)	/	5825.7
	=	0.59

Fortive's annualized Debt-to-Revenue for the quarter that ended in Dec. 2022 is calculated as

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(1038.1	+	2382.6)	/	6119.6
	=	0.56

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Dec. 2022) Revenue data.

Fortive Debt-to-Revenue Related Terms

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Fortive (NYSE:FTV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Fortive Corp (NYSE:FTV) » Definitions » Debt-to-Revenue

Comparable Companies

Traded in Other Exchanges

FTVpA.PFD:USA FTV:Mexico F03:Germany

Address

6920 Seaway Boulevard, Everett, WA, USA, 98203

Website

https://www.fortive.com

Fortive is a diversified industrial technology firm with a broad portfolio of mission-critical products and services that include field solutions, product realization, health, and sensing technologies. The company serves a wide range of end markets, including manufacturing, utilities, medical, and electronics. Fortive generated roughly $5.3 billion in revenue and $1.2 billion in adjusted operating income in 2021.

Executives

Eric Branderiz	director	915 DEGUIGNE DRIVE, PO BOX 3453, SUNNYVALE CA 94088-3453
Tamara S. Newcombe	officer: President & CEO of PT	6920 SEAWAY BLVD., EVERETT WA 98203
Wright Iii Lassiter	director	500 PLAZA DRIVE, C/O QUEST DIAGNOSTICS, SECAUCUS NJ 07094
Olumide Soroye	officer: President & CEO of IOS	6920 SEAWAY BLVD., EVERETT WA 98203
Edward Read Simmons	officer: SVP - Strategy	6920 SEAWAY BLVD, EVERETT WA 98203
Rejji P Hayes	director	ONE ENERGY PLAZA, JACKSON MI 49201
Sharmistha Dubey	director	8750 NORTH CENTRAL EXPRESSWAY SUITE 1400, DALLAS TX 75231
Christopher M. Mulhall	officer: VP - Chief Accounting Officer	C/O FORTIVE CORPORATION, 6920 SEAWAY BLVD, EVERETT WA 98203
Jeannine P Sargent	director	C/O VEECO INSTRUMENTS INC., 100 SUNNYSIDE BOULEVARD SUITE B, WOODBURY NY 11797
Barbara B. Hulit	officer: Senior Vice President	C/O FORTIVE CORPORATION, 6920 SEAWAY BLVD, EVERETT WA 98203
Emily A. Weaver	officer: VP-Chief Accounting Officer	C/O FORTIVE CORPORATION, 6920 SEAWAY BOULEVARD, EVERETT WA 98203
Charles E Mclaughlin	officer: SVP - Chief Financial Officer	C/O FORTIVE CORPORATION, 6920 SEAWAY BOULEVARD, EVERETT WA 98203
Patrick K Murphy	officer: Senior Vice President	C/O FORTIVE CORPORATION, 6920 SEAWAY BOULEVARD, EVERETT WA 98203
Jonathan L Schwarz	officer: VP-Corporate Development	C/O FORTIVE CORPORATION, 6920 SEAWAY BOULEVARD, EVERETT WA 98203
William W Pringle	officer: Senior Vice President	C/O FORTIVE CORPORATION, 6920 SEAWAY BOULEVARD, EVERETT WA 98203