Pernod Ricard (XPAR:RI) LT-Debt-to-Total-Asset : 0.29 (As of Jun. 2024)

View and export this data going back to 1989. Start your Free Trial

What is Pernod Ricard 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. Pernod Ricard's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.29.

Pernod Ricard's long-term debt to total assets ratio increased from Jun. 2023 (0.27) to Jun. 2024 (0.29). It may suggest that Pernod Ricard is progressively becoming more dependent on debt to grow their business.

Pernod Ricard LT-Debt-to-Total-Asset Historical Data

The historical data trend for Pernod Ricard'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.

* Premium members only.

Pernod Ricard LT-Debt-to-Total-Asset Chart

Pernod Ricard Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.29

0.27

0.29

Pernod Ricard Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.27	0.28	0.27	0.28	0.29

Pernod Ricard LT-Debt-to-Total-Asset Calculation

Pernod Ricard'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 )
	=	11392	/	39185
	=	0.29

Pernod Ricard's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	11392	/	39185
	=	0.29

Pernod Ricard (XPAR:RI) 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.

Pernod Ricard LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Pernod Ricard's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Pernod Ricard Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Pernod Ricard SA (XPAR:RI) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

PRNDY:USA PDRDF:USA RIp:UK 0HAT:UK PER:Germany RI:Austria

Address

5, Cours Paul Ricard, Paris, FRA, 75008

Website

https://www.pernod-ricard.com

Pernod Ricard was formed in 1975 through the merger of Pernod, founded in 1805 and Ricard, created in 1932. Through acquisitions, the firm has grown to become the world's second-largest distiller by volume, behind Diageo. Pernod Ricard possesses the most comprehensive spirits portfolio globally, distributing over 240 brands across 160 countries. Flagship spirits brands include Absolut vodka, Beefeater gin, Chivas Regal and The Glenlivet scotch whisky, Jameson Irish whiskey, Malibu rum, and Martell cognac. The firm has also shed noncore assets over the years, including several wine brands in 2024.

Pernod Ricard Headlines

No Headlines