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Bic (LTS:0MGP) Debt-to-Asset : 0.07 (As of Jun. 2024)


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What is Bic Debt-to-Asset?

Bic's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €143 Mil. Bic's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €43 Mil. Bic's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2024 was €2,701 Mil. Bic's debt to asset for the quarter that ended in Jun. 2024 was 0.07.


Bic Debt-to-Asset Historical Data

The historical data trend for Bic'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.

* Premium members only.

Bic Debt-to-Asset Chart

Bic Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.05 0.04 0.04 0.06

Bic 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.05 0.04 0.07 0.06 0.07

Competitive Comparison of Bic's Debt-to-Asset

For the Household & Personal Products subindustry, Bic'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.


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

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

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



Bic Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Bic'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
=(109.385 + 46.804) / 2647.337
=0.06

Bic'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
=(143.098 + 42.931) / 2701.177
=0.07

* 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.


Bic  (LTS:0MGP) 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.


Bic Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Bic's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Bic Business Description

Traded in Other Exchanges
Address
12 Boulevard Victor Hugo, Clichy Cedex, Paris, FRA, 92110
Bic SA Bic SA manufactures and markets writing instruments lighters shavers advertising and promotional products in France and globally. The company offers its products through various channels stationery stores office supplies companies convenience stores distributors wholesalers cash and carry stores and e-commerce. Its products include BIC 3 BIC Comfort 3 BIC EasyHybrid 3blade BIC Flex range BIC Flex Hybrid range BIC Pure 3 Lady BIC Soleil and Others. By net sales, the majority of the market is in North America followed by Europe and the developing markets of the Middle East Africa Latin America, and Asia.

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