Reckitt Benckiser Group (Reckitt Benckiser Group) Liabilities-to-Assets : 0.69 (As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

What is Reckitt Benckiser Group Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Reckitt Benckiser Group's Total Liabilities for the quarter that ended in Dec. 2023 was $23,629 Mil. Reckitt Benckiser Group's Total Assets for the quarter that ended in Dec. 2023 was $34,349 Mil. Therefore, Reckitt Benckiser Group's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.69.

Reckitt Benckiser Group Liabilities-to-Assets Historical Data

The historical data trend for Reckitt Benckiser Group's Liabilities-to-Assets 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.

Reckitt Benckiser Group Liabilities-to-Assets Chart

Reckitt Benckiser Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Liabilities-to-Assets

Get a 7-Day Free Trial

0.71

0.72

0.67

0.69

Reckitt Benckiser Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Liabilities-to-Assets	Get a 7-Day Free Trial															0.72	0.69	0.67	0.67	0.69

Competitive Comparison of Reckitt Benckiser Group's Liabilities-to-Assets

For the Household & Personal Products subindustry, Reckitt Benckiser Group's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.

Reckitt Benckiser Group's Liabilities-to-Assets Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Reckitt Benckiser Group's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Reckitt Benckiser Group's Liabilities-to-Assets falls into.

Reckitt Benckiser Group Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Reckitt Benckiser Group's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )	=	Total Liabilities	/	Total Assets
	=	23629.114	/	34349.367
	=	0.69

Reckitt Benckiser Group's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )	=	Total Liabilities	/	Total Assets
	=	23629.114	/	34349.367
	=	0.69

Reckitt Benckiser Group (OTCPK:RBGLY) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.

Reckitt Benckiser Group Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Reckitt Benckiser Group's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Reckitt Benckiser Group (Reckitt Benckiser Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Reckitt Benckiser Group PLC (OTCPK:RBGLY) » Definitions » Liabilities-to-Assets

Comparable Companies

Traded in Other Exchanges

RBGPF:USA RB:Mexico RKTl:UK RKT:UK 3RB:Germany

Address

103-105 Bath Road, Slough, Berkshire, GBR, SL1 3UH

Website

https://www.reckitt.com

Reckitt Benckiser was formed in 1999 through the merger of the British firm Reckitt & Colman and Dutch-based Benckiser. Recently rebranded under the corporate name Reckitt, it sells a portfolio that includes a variety of household and consumer health brands, such as Lysol, Finish, Durex, and Mucinex, many of which hold the number-one or -two positions in their categories globally. Reckitt has repositioned its portfolio and has entered the infant formula market through the acquisition of Mead Johnson in 2017, expanded its consumer health presence by acquiring Schiff Nutrition, K-Y, and Biofreeze, and has exited the food industry. The firm operates in 60 countries and sells products in more than 200, generating around 35% of sales from emerging markets.