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Veralto (Veralto) Equity-to-Asset : 0.26 (As of Mar. 2024)


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What is Veralto Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Veralto's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $1,482 Mil. Veralto's Total Assets for the quarter that ended in Mar. 2024 was $5,708 Mil. Therefore, Veralto's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.26.

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

VLTO' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.2   Med: 0.25   Max: 0.67
Current: 0.26

During the past 4 years, the highest Equity to Asset Ratio of Veralto was 0.67. The lowest was 0.20. And the median was 0.25.

VLTO's Equity-to-Asset is ranked worse than
89.71% of 3033 companies
in the Industrial Products industry
Industry Median: 0.56 vs VLTO: 0.26

Veralto Equity-to-Asset Historical Data

The historical data trend for Veralto's Equity-to-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.

* Premium members only.

Veralto Equity-to-Asset Chart

Veralto Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
- 0.66 0.67 0.24

Veralto Quarterly Data
Dec20 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.20 0.20 0.24 0.26

Competitive Comparison of Veralto's Equity-to-Asset

For the Pollution & Treatment Controls subindustry, Veralto's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset Distribution in the Industrial Products Industry

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

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



Veralto Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

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

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=1383/5693
=0.24

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

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=1482/5708
=0.26

* 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  (NYSE:VLTO) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Veralto Equity-to-Asset Related Terms

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


Veralto (Veralto) Business Description

Traded in Other Exchanges
Address
c/o Danaher Corporation, Suite 800W, 2200 Pennsylvania Avenue, N.W, Washington DC, WA, USA, 20037
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.
Executives
Melissa Aquino officer: SVP, Water Quality 3100 SANDERS ROAD, SUITE 301, NORTHBROOK IL 60062
Sameer Ralhan officer: SVP, Chief Financial Officer C/O THE CHEMOURS COMPANY, 1007 MARKET STREET, WILMINGTON DE 19899
Surekha Trivedi officer: SVP, Strategy & Sustainability C/O VERALTO CORPORATION, 225 WYMAN STREET, SUITE 250, WALTHAM MA 02451
Mattias Bystrom officer: SVP-Prod. Quality & Innovation C/O VERALTO CORPORATION, 225 WYMAN STREET, SUITE 250, WALTHAM MA 02451
Lesley Beneteau officer: SVP, Human Resources C/O VERALTO CORPORATION, 225 WYMAN STREET, SUITE 250, WALTHAM MA 02451
Cindy L. Wallis-lage director C/O COMFORT SYSTEMS USA, INC., 675 BERING DRIVE, SUITE 400, HOUSTON TX 77057
Bernard M Skeete officer: VP, Chief Accounting Officer C/O TRINSEO S.A., 1000 CHESTERBROOK BLVD., SUITE 300, BERWYN PA 19312
Sylvia Ann Stein officer: SVP, General Counsel 1500 DEKOVEN AVE., RACINE WI 53403
Shyam Kambeyanda director 2711 CENTERVILLE ROAD, SUITE 400, WILMINGTON DE 19808
Thomas L Williams director 6035 PARKLAND BOULEVARD, CLEVELAND OH 44124
Heath A Mitts director 1925 WEST FIELD COURT, SUITE 200, LAKE FOREST IL 60045
Francoise Colpron director SEALED AIR CORPORATION, 2415 CASCADE POINTE BOUVELVARD, CHARLOTTE NC 28208
William King director 2200 PENNSYLVANIA AVENUE, NW, SUITE 800W, WASHINGTON DC 20037
Walter G Lohr director DANAHER CORP, 2099 PENNSYLVANIA AVE NW 12TH FL, WASHINGTON DC 20006
Daniel L Comas director DANAHER CORP, 2099 PENNSYLVANIA AVE NW 12TH FL, WASHINGTON DC 20006