Puma SE (MIL:1PUM) LT-Debt-to-Total-Asset : 0.20 (As of Sep. 2024)

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What is Puma SE 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. Puma SE's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.20.

Puma SE's long-term debt to total assets ratio increased from Sep. 2023 (0.15) to Sep. 2024 (0.20). It may suggest that Puma SE is progressively becoming more dependent on debt to grow their business.

Puma SE LT-Debt-to-Total-Asset Historical Data

The historical data trend for Puma SE'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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Puma SE LT-Debt-to-Total-Asset Chart

Puma SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.14

0.17

0.15

0.19

0.22

Puma SE Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.15	0.22	0.20	0.19	0.20

Puma SE LT-Debt-to-Total-Asset Calculation

Puma SE's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	1446.1	/	6640.4
	=	0.22

Puma SE's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	1343.7	/	6882.5
	=	0.20

Puma SE (MIL:1PUM) 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.

Puma SE LT-Debt-to-Total-Asset Related Terms

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Puma SE Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Puma SE (MIL:1PUM) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

PUMSY:USA PMMAF:USA PUMd:UK 0NQE:UK PUM:Germany PUM:Austria

Address

Puma Way 1, Herzogenaurach, BY, DEU, 91074

Website

https://www.puma.com

Puma designs and markets footwear, apparel, and accessories under its own name and golf clubs and golf accessories under the Cobra Golf name. Footwear (53% of 2023 sales) is its largest category, followed by apparel (32%) and accessories (15%). Puma also licenses its name for fragrances, eyewear, and watches. Most (75% in 2023) of its sales are through wholesale partners, with the rest through approximately 1,000 owned retail and outlet stores and online channels. The company's products are sold in Europe, the Middle East, and Africa (40% of 2023 sales), the Americas (39%), and Asia-Pacific (21%).

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