PG (Procter & Gamble Co) LT-Debt-to-Total-Asset : 0.20 (As of Sep. 2024)

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What is Procter & Gamble Co 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. Procter & Gamble Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.20.

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

Procter & Gamble Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Procter & Gamble Co'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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Procter & Gamble Co LT-Debt-to-Total-Asset Chart

Procter & Gamble Co Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

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0.20

0.21

Procter & Gamble Co 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															0.20	0.19	0.20	0.21	0.20

Procter & Gamble Co LT-Debt-to-Total-Asset Calculation

Procter & Gamble Co'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 )
	=	25935	/	122370
	=	0.21

Procter & Gamble Co'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 )
	=	25744	/	126482
	=	0.20

Procter & Gamble Co (NYSE:PG) 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.

Procter & Gamble Co LT-Debt-to-Total-Asset Related Terms

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Procter & Gamble Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Procter & Gamble Co (NYSE:PG) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

PG:Peru PG:Mexico 1PG:Italy PRGd:UK PRG:Germany PRG:Germany PRG:Germany PRG:Germany PG:Canada PGCO34:Brazil PG:Austria PG:Argentina

Address

One Procter and Gamble Plaza, Cincinnati, OH, USA, 45202

Website

https://us.pg.com

Since its founding in 1837, Procter & Gamble has become one of the world's largest consumer product manufacturers, generating more than $80 billion in annual sales. It operates with a lineup of leading brands, including more than 20 that generate north of $1 billion each in annual global sales, such as Tide laundry detergent, Charmin toilet paper, Pantene shampoo, and Pampers diapers. Sales outside its home turf represent more than half of the firm's consolidated total.

Executives

Gary A Coombe	officer: President-Europe SMO	ONE PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202
Balaji Purushothaman	officer: Chief Human Resources Officer	1 PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202
R. Alexandra Keith	officer: President Global Hair & Beauty	ONE PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202
Jon R Moeller	officer: Chief Financial Officer	ONE PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202
Jennifer L. Davis	officer: CEO - Health Care	1 PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202
Andre Schulten	officer: Chief Financial Officer	ONE PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202
Susan Street Whaley	officer: Chief Legal Officer & Secy	1 PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202
Shailesh Jejurikar	officer: President - Global Fabric Care	ONE PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202
Ma. Fatima Francisco	officer: President - Global Baby	ONE PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202
Sundar G. Raman	officer: CEO-Fabric & Home Care	ONE PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202
Marc S. Pritchard	officer: Global Marketing Officer	ONE PROCTER AND GAMBLE PLAZA, CINCINNATI OH 45202
Aguilar Moses Victor Javier	officer: Chf Rsch, Dev & Innov Officer	ONE PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202
Matthew W. Janzaruk	officer: SVP - Chief Accounting Officer	1 PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202
M. Brett Biggs	director	702 SW 8TH STREET, BENTONVILLE AR 72716
Sheila Bonini	director	1 PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202