Pitney Bowes (BUE:PBI) LT-Debt-to-Total-Asset : 0.58 (As of Dec. 2024)

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What is Pitney Bowes 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. Pitney Bowes's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.58.

Pitney Bowes's long-term debt to total assets ratio increased from Dec. 2023 (0.52) to Dec. 2024 (0.58). It may suggest that Pitney Bowes is progressively becoming more dependent on debt to grow their business.

Pitney Bowes LT-Debt-to-Total-Asset Historical Data

The historical data trend for Pitney Bowes'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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Pitney Bowes LT-Debt-to-Total-Asset Chart

Pitney Bowes Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.48

0.50

0.51

0.52

0.58

Pitney Bowes Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.52	0.57	0.57	0.60	0.58

Pitney Bowes LT-Debt-to-Total-Asset Calculation

Pitney Bowes's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	1986934.64	/	3431491.194
	=	0.58

Pitney Bowes'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 )
	=	1986934.64	/	3431491.194
	=	0.58

Pitney Bowes (BUE:PBI) 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.

Pitney Bowes LT-Debt-to-Total-Asset Related Terms

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Pitney Bowes Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Pitney Bowes Inc (BUE:PBI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

PBI:USA PBW:Germany

Address

3001 Summer Street, Stamford, CT, USA, 06926

Website

https://www.pitneybowes.com

Pitney Bowes Inc is a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial services to clients around the globe. The company's reportable segments are SendTech Solutions and Presort Services. SendTech Solutions includes the revenue and related expenses from physical and digital mailing and shipping technology solutions, financing, services, supplies and other applications to help simplify and save on the sending, tracking and receiving of letters, parcels and flats. Presort Services includes the revenue and related expenses from sortation services to qualify large volumes of First Class Mail, Marketing Mail and Marketing Mail Flats/Bound Printed Matter for postal worksharing discounts. It derives maximum revenue from SendTech Solutions.