Koninklijke Philips NV (Koninklijke Philips NV) Debt-to-Asset : 0.26 (As of Dec. 2023)

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What is Koninklijke Philips NV Debt-to-Asset?

Koninklijke Philips NV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $713 Mil. Koninklijke Philips NV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $7,589 Mil. Koninklijke Philips NV's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was $32,068 Mil. Koninklijke Philips NV's debt to asset for the quarter that ended in Dec. 2023 was 0.26.

Koninklijke Philips NV Debt-to-Asset Historical Data

The historical data trend for Koninklijke Philips NV's Debt-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.

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Koninklijke Philips NV Debt-to-Asset Chart

Koninklijke Philips NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.20

0.22

0.20

0.24

0.26

Koninklijke Philips NV Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Asset	Get a 7-Day Free Trial															0.24	-	0.28	-	0.26

Competitive Comparison of Koninklijke Philips NV's Debt-to-Asset

For the Medical Devices subindustry, Koninklijke Philips NV's Debt-to-Asset, along with its competitors' market caps and Debt-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.

Koninklijke Philips NV's Debt-to-Asset Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Koninklijke Philips NV's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Koninklijke Philips NV's Debt-to-Asset falls into.

Koninklijke Philips NV Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Koninklijke Philips NV's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(713.195	+	7588.877)	/	32067.612
	=	0.26

Koninklijke Philips NV's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(713.195	+	7588.877)	/	32067.612
	=	0.26

Koninklijke Philips NV (NYSE:PHG) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Koninklijke Philips NV Debt-to-Asset Related Terms

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Koninklijke Philips NV (Koninklijke Philips NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Koninklijke Philips NV (NYSE:PHG) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

RYLPF:USA PHIA:Netherlands PHIA:Italy 0A2M:UK PHIAa:UK 0LNG:UK PHIA:Germany PHI1:Germany PHI1:Germany PHI1:Germany PHIA:Germany PHI1:Germany PHGN34:Brazil PHIA:Austria

Address

Philips Center, Amstelplein 2, Amsterdam, NLD, 1096 BC

Website

https://www.philips.com

Philips is a diversified global healthcare company operating in three segments: diagnosis and treatment, connected care, and personal health. Around 50% of the company's revenue comes from the diagnosis and treatment segment, which features imaging systems, ultrasound equipment, image-guided therapy solutions and healthcare informatics. The connected care segment (around 30% of revenue) encompasses monitoring and analytics systems for hospitals and sleep and respiratory care devices, whereas the personal health business (remainder of revenue) includes electric toothbrushes and men's grooming and personal-care products.