Veralto Historical Balance Sheet
| VLTO Stock | 107.96 0.52 0.48% |
Trend analysis of Veralto balance sheet accounts such as Common Stock Shares Outstanding of 270.8 M, Total Assets of 5.6 B, Short and Long Term Debt Total of 2.9 B or Other Current Liab of 429.4 M provides information on Veralto's total assets, liabilities, and equity, which is the actual value of Veralto to its prevalent stockholders. By breaking down trends over time using Veralto balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Veralto latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Veralto is a good buy for the upcoming year.
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About Veralto Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Veralto at a specified time, usually calculated after every quarter, six months, or one year. Veralto Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Veralto and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Veralto currently owns. An asset can also be divided into two categories, current and non-current.
Veralto Balance Sheet Chart
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Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Total Assets
Total assets refers to the total amount of Veralto assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Veralto books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Veralto balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Veralto are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Accounts Payable
An accounting item on the balance sheet that represents Veralto obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Veralto are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most accounts from Veralto's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Veralto current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veralto. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Veralto Stock, please use our How to Invest in Veralto guide.
| 2010 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 135M | 123M | 2.8B | 2.9B | Total Assets | 4.8B | 4.8B | 5.7B | 5.6B |
Veralto balance sheet Correlations
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Veralto Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Veralto
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Veralto position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Veralto will appreciate offsetting losses from the drop in the long position's value.Moving together with Veralto Stock
Moving against Veralto Stock
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| 0.69 | VSEC | VSE Corporation | PairCorr |
| 0.6 | DRVN | Driven Brands Holdings | PairCorr |
| 0.6 | EXLS | ExlService Holdings | PairCorr |
| 0.57 | CBZ | CBIZ Inc | PairCorr |
The ability to find closely correlated positions to Veralto could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Veralto when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Veralto - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Veralto to buy it.
The correlation of Veralto is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Veralto moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Veralto moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Veralto can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veralto. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Veralto Stock, please use our How to Invest in Veralto guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Environmental & Facilities Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Veralto. If investors know Veralto will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Veralto listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.06 | Dividend Share 0.36 | Earnings Share 3.24 | Revenue Per Share 20.787 | Quarterly Revenue Growth 0.047 |
The market value of Veralto is measured differently than its book value, which is the value of Veralto that is recorded on the company's balance sheet. Investors also form their own opinion of Veralto's value that differs from its market value or its book value, called intrinsic value, which is Veralto's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Veralto's market value can be influenced by many factors that don't directly affect Veralto's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Veralto's value and its price as these two are different measures arrived at by different means. Investors typically determine if Veralto is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Veralto's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.