ManpowerGroup (ManpowerGroup) LT-Debt-to-Total-Asset : 0.15 (As of Dec. 2023)

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What is ManpowerGroup LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. ManpowerGroup's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.15.

ManpowerGroup's long-term debt to total assets ratio increased from Dec. 2022 (0.13) to Dec. 2023 (0.15). It may suggest that ManpowerGroup is progressively becoming more dependent on debt to grow their business.

ManpowerGroup LT-Debt-to-Total-Asset Historical Data

The historical data trend for ManpowerGroup's LT-Debt-to-Total-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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ManpowerGroup LT-Debt-to-Total-Asset Chart

ManpowerGroup Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.15

0.09

0.13

0.15

ManpowerGroup Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.13	0.14	0.15	0.15	0.15

ManpowerGroup LT-Debt-to-Total-Asset Calculation

ManpowerGroup's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	1313.7	/	8830.2
	=	0.15

ManpowerGroup's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	1313.7	/	8830.2
	=	0.15

ManpowerGroup (NYSE:MAN) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

ManpowerGroup LT-Debt-to-Total-Asset Related Terms

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ManpowerGroup (ManpowerGroup) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » ManpowerGroup Inc (NYSE:MAN) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Manpower Place, Milwaukee, WI, USA, 53212

Website

https://www.manpowergroup.com

Manpower is one of the three largest multinational firms in the fragmented and over $600 billion global staffing industry. The firm generates most of its sales outside the U.S. and boasts a vast global footprint. Its client base consists of mainly large and multinational companies, but the firm also services small and midsize businesses through its local branch network. It offers each main staffing service (temporary, permanent, and project based) across a variety of professions under its four subsidiary brands: Experis specializes in IT placements; Talent Solutions provides recruitment process outsourcing, or RPO, and outplacement services; Jefferson Wells serves finance, tax, and compliance needs; Manpower focuses on manufacturing, administrative, and assembly positions.

Executives

Donald O Mondano	officer: SVP, Global Controller	MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212
Ulice Jr Payne	director	MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212
Muriel Francoise Penicaud	director	22 PASSAGE COURTOIS, PARIS I0 75011
John T Mcginnis	officer: EVP, CFO	C/O MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212
Richard Buchband	officer: SVP, General Counsel	100 MANPOWER PLACE, MILWAUKEE WI 53212
Cari M Dominguez	director	MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212
Jean Philippe Courtois	director	MICROSOFT CORPORATION, ONE MICROSOFT WAY, REDMOND WA 98052-6399
William P Gipson	director	1201 S 2ND STREET, MILWAUKEE WI 53204
Michelle Nettles	officer: Chief People & Culture	MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212
Mara E Swan	officer: EVP	C/O ADOLPH COORS CO, 311 10TH ST. MH311, GOLDEN CO 80401-0030
Gina Boswell	director	MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212
Jonas Prising	director, officer: CEO	MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212
Van Handel Michael J	officer: EVP, CFO	MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212
Sriram Chandrashekar	officer: EVP	10 HOE CHIANG ROAD #21, 04/05 KEPPEL TOWERS, SINGAPORE U0 089315
William Downe	director	MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212