Switch to:
GuruFocus has detected 6 Warning Signs with Pentair PLC \$PNR.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Pentair PLC (NYSE:PNR)
LT-Debt-to-Total-Asset
0.38 (As of Mar. 2017)

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 divide by its total assets. Pentair PLC's long-term debt to total assests ratio for the quarter that ended in Mar. 2017 was 0.38.

Pentair PLC's long-term debt to total assets ratio declined from Mar. 2016 (0.40) to Mar. 2017 (0.38). It may suggest that Pentair PLC is progressively becoming less dependent on debt to grow their business.

Definition

Pentair PLC's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2016 is calculated as

 LT Debt to Total Assets (A: Dec. 2016 ) = Long-Term Debt (A: Dec. 2016 ) / Total Assets (A: Dec. 2016 ) = 4278.4 / 11534.8 = 0.37

Pentair PLC's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2017 is calculated as

 LT Debt to Total Assets (Q: Mar. 2017 ) = Long-Term Debt (Q: Mar. 2017 ) / Total Assets (Q: Mar. 2017 ) = 4528.9 / 11818 = 0.38

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

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.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Pentair PLC Annual Data

 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 ltd2asset 0.26 0.24 0.21 0.18 0.28 0.21 0.22 0.28 0.40 0.37

Pentair PLC Quarterly Data

 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 ltd2asset 0.28 0.32 0.31 0.39 0.40 0.40 0.39 0.38 0.37 0.38
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to \$400 per referral. ( Learn More)