Question: How much debt does Procter and Gamble have?

What Is Procter & Gamble’s Debt? As you can see below, Procter & Gamble had US$28.9b of debt at March 2021, down from US$36.0b a year prior. However, it also had US$10.0b in cash, and so its net debt is US$18.9b.

How much debt does Proctor and Gamble have?

How Much Debt Does Procter & Gamble Carry? As you can see below, at the end of December 2020, Procter & Gamble had US$30.2b of debt, up from US$28.1b a year ago. Click the image for more detail. However, it does have US$11.9b in cash offsetting this, leading to net debt of about US$18.3b.

What is Procter and Gamble debt to equity?

The debt/equity ratio can be defined as a measure of a company’s financial leverage calculated by dividing its long-term debt by stockholders’ equity. Procter & Gamble debt/equity for the three months ending March 31, 2021 was 0.46.

Is P&G a debt free company?

Company has been maintaining healthy ROCE of 72.57% over the past 3 years. Company is virtually debt free. Company has a healthy Interest coverage ratio of 98.84. The Company has been maintaining an effective average operating margins of 23.80% in the last 5 years.

What is PG debt?

Based on Procter & Gamble’s financial statement as of October 20, 2020, long-term debt is at $23.95 billion and current debt is at $7.71 billion, amounting to $31.66 billion in total debt. Adjusted for $13.39 billion in cash-equivalents, the company’s net debt is at $18.26 billion.

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How much debt does Coca Cola have?

Based on Coca-Cola’s financial statement as of February 25, 2021, long-term debt is at $40.12 billion and current debt is at $2.67 billion, amounting to $42.79 billion in total debt. Adjusted for $6.79 billion in cash-equivalents, the company’s net debt is at $36.00 billion.

What is a good debt-to-equity ratio?

The optimal debt-to-equity ratio will tend to vary widely by industry, but the general consensus is that it should not be above a level of 2.0. While some very large companies in fixed asset-heavy industries (such as mining or manufacturing) may have ratios higher than 2, these are the exception rather than the rule.

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