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Vontier Financial Strength

: 5 (As of Jun. 2022)
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Vontier has the Financial Strength Rank of 5.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.

Vontier's Interest Coverage for the quarter that ended in Jun. 2022 was 8.92. Vontier's debt to revenue ratio for the quarter that ended in Jun. 2022 was 0.85. As of today, Vontier's Altman Z-Score is 2.27.


Competitive Comparison

For the Scientific & Technical Instruments subindustry, Vontier's Financial Strength, along with its competitors' market caps and Financial Strength 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.

   

Vontier Financial Strength Distribution

For the Hardware industry and Technology sector, Vontier's Financial Strength distribution charts can be found below:

* The bar in red indicates where Vontier's Financial Strength falls into.



Vontier Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Vontier's Interest Expense for the months ended in Jun. 2022 was $-15 Mil. Its Operating Income for the months ended in Jun. 2022 was $137 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $2,633 Mil.

Vontier's Interest Coverage for the quarter that ended in Jun. 2022 is

Interest Coverage=-1*Operating Income (Q: Jun. 2022 )/Interest Expense (Q: Jun. 2022 )
=-1*136.5/-15.3
=8.92

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Vontier's Debt to Revenue Ratio for the quarter that ended in Jun. 2022 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2022 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(21.8 + 2632.6) / 3105.6
=0.85

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Vontier has a Z-score of 2.27, indicating it is in Grey Zones. This implies that Vontier is in some kind of financial stress. If it is below 1.81, the company may faces bankrupcy risk.

Warning Sign:

Altman Z-score of 2.27 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

* 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.


Vontier  (NYSE:VNT) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

Vontier has the Financial Strength Rank of 5.


Vontier Financial Strength Related Terms

Thank you for viewing the detailed overview of Vontier's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Vontier Business Description

Vontier logo
Traded in Other Exchanges
Address
5438 Wade Park Boulevard, Suite 600, Raleigh, NC, USA, 27607
Vontier, spun off from Fortive in 2020, is an industrial technology company with a portfolio of transportation and mobility solutions. The company offers a wide array of products and services, including fueling equipment, sensors, point-of-sale and payment systems, telematics, and equipment used by vehicle mechanics and technicians. Vontier generated approximately $3 billion in sales and $582 million in operating profit in 2021.
Executives
Saak Aaron W officer: Pres & CEO, Mobility Solutions C/O VONTIER CORPORATION 5438 WADE PARK BLVD., SUITE 600 RALEIGH NC 27607
Shimp Paul V. officer: VP, Chief Accounting Officer C/O VONTIER CORPORATION 5438 WADE PARK BLVD., SUITE 600 RALEIGH NC 27607
Sylvester Maryrose director C/O 3700 WEST JUNEAU AVENUE MILWAUKEE WI 53208
Eatroff Robert L director C/O VONTIER CORPORATION 5438 WADE PARK BLVD STE 600 RALEIGH NC 27607
Klein Christopher J director 520 LAKE COOK ROAD DEERFIELD IL 60015
Miller Andrew director 111 MCINNIS PARKWAY SAN RAFAEL CA 94903
Boyland Gloria R. director 6100 N. WESTERN AVENUE OKLAHOMA CITY OK 73118
Francis Karen C director 200 SW 1ST AVE SUITE 1600 FORT LAUDERDALE FL 33301
Morelli Mark D officer: See Remarks 205 CROSSPOINT PARKWAY GETZVILLE NY 14068
Fortive Corp 10 percent owner 6920 SEAWAY BLVD. EVERETT WA 98203
Gafinowitz Martin director C/O FORTIVE CORPORATION 6920 SEAWAY BOULEVARD EVERETT WA 98203
Ross Lynn officer: See Remarks 100 CRESCENT CENTRE PARKWAY SUITE 800 TUCKER GA 30084
Naemura David H. officer: See Remarks C/O GATES INDUSTRIAL CORPORATION PLC 1144 FIFTEENTH STREET, SUITE 1400 DENVER CO 80202
Nash Andrew R. officer: See Remarks C/O VONTIER CORPORATION 5420 WADE PARK BLVD, SUITE 206 RALEIGH NC 27607
Rowen Kathryn K. officer: See Remarks C/O VONTIER CORPORATION 5420 WADE PARK BLVD., SUITE 206 RALEIGH NC 27607

Vontier Headlines

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