Accenture plc (ACN)
Debt-to-assets ratio
| Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 55,932,400 | 54,141,300 | 51,307,500 | 51,531,400 | 51,245,300 | 50,128,300 | 47,727,300 | 47,115,800 | 47,263,400 | 46,095,200 | 44,317,800 | 43,674,700 | 43,175,800 | 42,124,900 | 39,985,400 | 38,268,300 | 37,078,600 | 35,057,300 | 33,503,400 | 33,170,700 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
August 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $55,932,400K
= 0.00
The debt-to-assets ratio for Accenture plc has consistently remained at 0.00 across various reporting periods, indicating that the company has not reported any debt on its balance sheet relative to its total assets. A debt-to-assets ratio of 0.00 suggests that Accenture has financed its operations primarily through equity, without relying on debt financing. This could be viewed positively by investors and creditors as it indicates a lower financial risk and potentially more financial flexibility for the company. However, it is important to consider other financial metrics and contextual information to gain a more comprehensive understanding of Accenture's financial health and risk profile.
Peer comparison
Aug 31, 2024