Veralto Balance Sheet Health
Financial Health criteria checks 3/6
Veralto has a total shareholder equity of $2.0B and total debt of $2.6B, which brings its debt-to-equity ratio to 134.6%. Its total assets and total liabilities are $6.3B and $4.3B respectively. Veralto's EBIT is $1.2B making its interest coverage ratio 10.8. It has cash and short-term investments of $1.3B.
Key information
134.6%
Debt to equity ratio
US$2.64b
Debt
| Interest coverage ratio | 10.8x |
| Cash | US$1.27b |
| Equity | US$1.96b |
| Total liabilities | US$4.30b |
| Total assets | US$6.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RZ2's short term assets ($2.6B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: RZ2's short term assets ($2.6B) do not cover its long term liabilities ($3.1B).
Debt to Equity History and Analysis
Debt Level: RZ2's net debt to equity ratio (70%) is considered high.
Reducing Debt: Insufficient data to determine if RZ2's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: RZ2's debt is well covered by operating cash flow (32.3%).
Interest Coverage: RZ2's interest payments on its debt are well covered by EBIT (10.8x coverage).