PCAR (PACCAR) LT-Debt-to-Total-Asset : 0.24 (As of Dec. 2024)

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What is PACCAR 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. PACCAR's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.24.

PACCAR's long-term debt to total assets ratio increased from Dec. 2023 (0.23) to Dec. 2024 (0.24). It may suggest that PACCAR is progressively becoming more dependent on debt to grow their business.

PACCAR LT-Debt-to-Total-Asset Historical Data

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

PACCAR Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.27

0.25

0.23

0.24

PACCAR 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															0.23	0.23	0.22	0.23	0.24

PACCAR LT-Debt-to-Total-Asset Calculation

PACCAR'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 )
	=	10410.1	/	43418.9
	=	0.24

PACCAR'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 )
	=	10410.1	/	43418.9
	=	0.24

PACCAR (NAS:PCAR) 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.

PACCAR LT-Debt-to-Total-Asset Related Terms

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PACCAR Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » PACCAR Inc (NAS:PCAR) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

0KET:UK PAE:Germany PAE:Germany P1AC34:Brazil PCAR:Austria PCAR:Argentina

Address

777-106th Avenue North East, Bellevue, WA, USA, 98004

Website

https://www.paccar.com

Paccar is a leading manufacturer of medium- and heavy-duty trucks under the premium brands Kenworth and Peterbilt (primarily sold in the NAFTA region and Australia), and DAF trucks (sold in Europe and South America). The company's trucks are sold through more than 2,300 independent dealers globally. Paccar Financial Services provides retail and wholesale financing for customers and dealers, respectively. The company commands roughly 30% of the Class 8 market share in North America and 17% of the heavy-duty market share in Europe.

Executives

Michael K Walton	officer: VICE PRESIDENT/GENERAL COUNSEL	777 106TH AVENUE NE, BELLEVUE WA 98004
Harrie Schippers	officer: Vice President	777 106TH AVENUE NE, BELLEVUE WA 98004
Todd R Hubbard	officer: VICE PRESIDENT	777 106TH AVE NE, BELLEVUE WA 98004
R Preston Feight	officer: VICE PRESIDENT	777 106TH AVE NE, BELLEVUE WA 98004
Darrin C Siver	officer: VICE PRESIDENT	777 106TH AVE NE, BELLEVUE WA 98004
Kevin D Baney	officer: VICE PRESIDENT	777 106TH AVE NE, BELLEVUE WA 98004
Brice J Poplawski	officer: Vice President & Controller	777 106TH AVE. NE, BELLEVUE WA 98004
Mark C Pigott	director, officer: CHAIRMAN & CEO
Michael T Barkley	officer: VICE PRESIDENT/CONTROLLER	777 106TH AVENUE NE, BELLEVUE WA 98004
Cynthia Niekamp	director	PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
Barbara B. Hulit	director	C/O FORTIVE CORPORATION, 6920 SEAWAY BLVD, EVERETT WA 98203
C Michael Dozier	officer: VICE PRESIDENT	777 106TH AVE NE, BELLEVUE WA 98004
Paulo Henrique Bolgar	officer: Vice President	777 106TH AVENUE NE, BELLEVUE WA 98004
Jack K. Levier	officer: Vice President	777 106TH AVENUE NE, BELLEVUE WA 98004
Alison J Carnwath	director	777 106TH AVENUE NE, BELLEVUE WA 98004