PRO-PAC Packaging (ASX:PPG) LT-Debt-to-Total-Asset: 0.18 (As of Dec. 2024)


ASX:PPG PRO-PAC Packaging Ltd ASX:PPG
8 GF Score
Price A$0.02
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What is PRO-PAC Packaging LT-Debt-to-Total-Asset?

PRO-PAC Packaging ASX:PPG 8 LT-Debt-to-Total-Asset is 0.18 as of Dec. 2024. GuruFocus rates ASX:PPG with a GF Score™ of 8/100.

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. PRO-PAC Packaging's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.18.

PRO-PAC Packaging's long-term debt to total assets ratio increased from Dec. 2023 (0.09) to Dec. 2024 (0.18). It may suggest that PRO-PAC Packaging is progressively becoming more dependent on debt to grow their business.

PRO-PAC Packaging  (ASX:PPG) 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.

PRO-PAC Packaging LT-Debt-to-Total-Asset Related Terms

PRO-PAC Packaging LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for PRO-PAC Packaging'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.

PRO-PAC Packaging LT-Debt-to-Total-Asset Chart

PRO-PAC Packaging Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.28 0.19 0.11 0.16

PRO-PAC Packaging Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
LT-Debt-to-Total-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 0.11 0.11 0.09 0.16 0.18
ASX:PPG
8GF Score
PRO-PAC Packaging Ltd ASX:PPG
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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PRO-PAC Packaging LT-Debt-to-Total-Asset Calculation

PRO-PAC Packaging's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (A: Jun. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Jun. 2024 )/Total Assets (A: Jun. 2024 )
=38.634/237.335
=0.16

PRO-PAC Packaging's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )/Total Assets (Q: Dec. 2024 )
=37.329/208.183
=0.18

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.18 mean?
PRO-PAC Packaging (ASX:PPG) has a LT-Debt-to-Total-Asset of 0.18 as of Dec. 2024. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on PRO-PAC Packaging and its competitors.
Is PRO-PAC Packaging's LT-Debt-to-Total-Asset too high?
PRO-PAC Packaging's current LT-Debt-to-Total-Asset is 0.18. Overall, PRO-PAC Packaging has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does PRO-PAC Packaging's LT-Debt-to-Total-Asset compare to IP and SW?
PRO-PAC Packaging's LT-Debt-to-Total-Asset of 0.18 can be compared against companies in the Packaging & Containers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Packaging & Containers company?
A good LT-Debt-to-Total-Asset depends on the Packaging & Containers industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on PRO-PAC Packaging and its competitors. PRO-PAC Packaging's current LT-Debt-to-Total-Asset is 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PRO-PAC Packaging stock overvalued right now?
PRO-PAC Packaging (ASX:PPG) has a current LT-Debt-to-Total-Asset of 0.18. The current LT-Debt-to-Total-Asset is 0.18. PRO-PAC Packaging's overall GF Score™ is 8/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For PRO-PAC Packaging (ASX:PPG), the current LT-Debt-to-Total-Asset is 0.18 as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

PRO-PAC Packaging Business Description

Address 83-85 Banbury Road, Reservoir, Melbourne, VIC, AUS, 3073
PRO-PAC Packaging Ltd is engaged in the manufacture and distribution of flexible, industrial, and rigid packaging products. The company's operating segment includes Flexibles; Specialty; and Unallocated. It generates maximum revenue from the Flexibles segment. The Flexibles packaging segment manufactures flexible packaging materials incorporating products such as stretch and shrink wrap, agricultural silage packaging, fresh produce bags, barrier and lidding films, and industrial protective films. Geographically, it derives a majority of its revenue from Australia and also has a presence in New Zealand.
8GF Score

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LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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