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.
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 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.
How is Procter and Gamble doing financially?
P&G reported fiscal second-quarter net income of $3.85 billion, or $1.47 per share, up from $3.72 billion, or $1.41 per share, a year earlier. Excluding items, the company earned $1.64 per share, beating the $1.51 per share expected by analysts surveyed by Refinitiv.
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.
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.
How many shares does Procter and Gamble have?
Share Statistics
| Avg Vol (3 month) 3 | 8.52M |
|---|---|
| Shares Outstanding 5 | 2.45B |
| Implied Shares Outstanding 6 | N/A |
| Float | 2.45B |
| % Held by Insiders 1 | 0.11% |