Veralto Total Current Liabilities vs Cash Analysis
| VLTO Stock | 98.58 0.65 0.66% |
Veralto financial indicator trend analysis is much more than just breaking down Veralto prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Veralto is a good investment. Please check the relationship between Veralto Total Current Liabilities and its Cash accounts. 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 tightly coupled 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.
Total Current Liabilities vs Cash
Total Current Liabilities vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Veralto Total Current Liabilities account and Cash. At this time, the significance of the direction appears to have totally related.
The correlation between Veralto's Total Current Liabilities and Cash is 1.0. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Cash in the same time period over historical financial statements of Veralto, assuming nothing else is changed. The correlation between historical values of Veralto's Total Current Liabilities and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Veralto are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Current Liabilities i.e., Veralto's Total Current Liabilities and Cash go up and down completely randomly.
Correlation Coefficient | 1.0 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
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.Cash
Cash refers to the most liquid asset of Veralto, which is listed under current asset account on Veralto balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Veralto customers. The amounts must be unrestricted with restricted cash listed in a different Veralto account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from Veralto's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Veralto current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, 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 tightly coupled 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.As of the 2nd of June 2024, Tax Provision is likely to grow to about 238.4 M. Also, Selling General Administrative is likely to grow to about 1.6 B
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 106M | 90M | 87M | 78.6M | Tax Provision | 186M | 224M | 231M | 238.4M |
Veralto fundamental ratios Correlations
Click cells to compare fundamentals
Veralto Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck 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 tightly coupled 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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Complementary Tools for Veralto Stock analysis
When running Veralto's price analysis, check to measure Veralto's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Veralto is operating at the current time. Most of Veralto's value examination focuses on studying past and present price action to predict the probability of Veralto's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Veralto's price. Additionally, you may evaluate how the addition of Veralto to your portfolios can decrease your overall portfolio volatility.
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals |
Is Veralto's industry 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) | Earnings Share 2.93 | Revenue Per Share 20.224 | Quarterly Revenue Growth 0.03 |
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.