DANOY (Danone) Debt-to-Asset : 0.35 (As of Jun. 2024)

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What is Danone Debt-to-Asset?

Danone's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $6,017 Mil. Danone's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $10,855 Mil. Danone's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2024 was $48,860 Mil. Danone's debt to asset for the quarter that ended in Jun. 2024 was 0.35.

Danone Debt-to-Asset Historical Data

The historical data trend for Danone'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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Danone Debt-to-Asset Chart

Danone Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.37

0.38

0.36

0.31

0.35

Danone Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Asset	Get a 7-Day Free Trial															0.32	0.31	0.35	0.35	0.35

Competitive Comparison of Danone's Debt-to-Asset

For the Packaged Foods subindustry, Danone'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.

Danone's Debt-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Danone's Debt-to-Asset distribution charts can be found below:

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

Danone Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Danone'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
	=	(5620.502	+	11392.585)	/	48512.541
	=	0.35

Danone's Debt-to-Asset for the quarter that ended in Jun. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(6017.223	+	10854.682)	/	48860.065
	=	0.35

Danone (OTCPK:DANOY) 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.

Danone Debt-to-Asset Related Terms

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Danone Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Danone SA (OTCPK:DANOY) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

GPDNF:USA BNN:Mexico BNp:UK 0KFX:UK BN:France BSN:Germany BSN:Bulgaria BN:Austria

Address

17, Boulevard Haussmann, Paris, FRA, 75009

Website

https://www.danone.com

Following the acquisition of WhiteWave, Danone restructured the firm into three broad segments: essential dairy and plant-based products, which represents just over half of group revenue; specialized nutrition; and bottled water. The firm's portfolio includes well-known brands such as Danone/Dannon dairy products, Nutrilon and Cow & Gate infant nutrition, Evian and Volvic bottled water, as well as leading medical nutrition brands. Danone derives about 60% of its annual sales outside Western Europe, up from about just one third in 2001.