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Procter & Gamble Co (XTER:PRG) 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
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.20 0.20 0.21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 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 )
=24093.615/113681.73
=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 )
=23195.344/113960.282
=0.20

* 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.

Procter & Gamble Co  (XTER:PRG) 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 (XTER:PRG) » Definitions » LT-Debt-to-Total-Asset
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CL KVUE KMB CHD EL CLX ELF COTY HIMS IPAR XPAR:OR LSE:ULVR BOM:500696 LSE:RKT XTER:HEN3 XTER:BEI OSTO:ESSITY B TSE:4452 TSE:8113 BOM:532424
Traded in Other Exchanges
PG:USA PG:Peru PG:Mexico 1PG:Italy PRGd:UK 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.