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Veralto (FRA:RZ2) Total Assets : €5,251 Mil (As of Mar. 2024)


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What is Veralto Total Assets?

Veralto's Total Assets for the quarter that ended in Mar. 2024 was €5,251 Mil.

Total Assets is connected with ROA %. Veralto's annualized ROA % for the quarter that ended in Mar. 2024 was 12.93%. Total Assets is also linked to Revenue through Asset Turnover. Veralto's Asset Turnover for the quarter that ended in Mar. 2024 was 0.22.

Veralto Total Assets Historical Data

The historical data trend for Veralto's Total Assets 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 Total Assets Chart

Veralto Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Assets
- 4,283.40 4,554.80 5,220.48

Veralto Quarterly Data
Dec20 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only - 4,699.92 4,834.92 5,220.48 5,251.36

Veralto Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Veralto's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=1273.713+3946.768
=5,220

Veralto's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=1368.96+3882.4
=5,251

* 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.

Veralto  (FRA:RZ2) Total Assets Explanation

Total Assets is connected with ROA %.

Veralto's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=677.12/( (5220.481+5251.36)/ 2 )
=677.12/5235.9205
=12.93 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Veralto's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=1146.32/( (5220.481+5251.36)/ 2 )
=1146.32/5235.9205
=0.22

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Veralto Total Assets Related Terms

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Veralto (FRA:RZ2) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Veralto Corp (FRA:RZ2) » Definitions » Total Assets
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Traded in Other Exchanges
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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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