Veralto (FRA:RZ2) LT-Debt-to-Total-Asset : 0.46 (As of Mar. 2024)

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What is Veralto LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Veralto's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.46.

Veralto's long-term debt to total assets ratio increased from Mar. 2023 (0.00) to Mar. 2024 (0.46). It may suggest that Veralto is progressively becoming more dependent on debt to grow their business.

Veralto LT-Debt-to-Total-Asset Historical Data

The historical data trend for Veralto's LT-Debt-to-Total-Asset 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.

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Veralto LT-Debt-to-Total-Asset Chart

Veralto Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.02

0.48

Veralto Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial					-	0.51	0.51	0.48	0.46

Veralto LT-Debt-to-Total-Asset Calculation

Veralto's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	2516.248	/	5220.481
	=	0.48

Veralto's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	2408.56	/	5251.36
	=	0.46

Veralto (FRA:RZ2) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Veralto LT-Debt-to-Total-Asset Related Terms

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Veralto (FRA:RZ2) Business Description

Industry

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

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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