ManpowerGroup Inc (MAN)
Debt-to-assets ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 929,400 | — | — | — | 990,500 | — | — | — | 959,900 | — | — | — | 565,700 | — | — | — | 1,103,500 | — | — | — |
| Total assets | US$ in thousands | 8,201,000 | 8,478,300 | 8,453,600 | 8,488,600 | 8,830,200 | 8,588,800 | 8,869,200 | 8,889,600 | 9,130,400 | 8,556,900 | 9,618,500 | 9,721,100 | 9,828,900 | 9,452,300 | 9,462,400 | 9,244,500 | 9,328,200 | 8,949,300 | 8,459,600 | 8,676,900 |
| Debt-to-assets ratio | 0.11 | 0.00 | 0.00 | 0.00 | 0.11 | 0.00 | 0.00 | 0.00 | 0.11 | 0.00 | 0.00 | 0.00 | 0.06 | 0.00 | 0.00 | 0.00 | 0.12 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $929,400K ÷ $8,201,000K
= 0.11
ManpowerGroup Inc's debt-to-assets ratio has shown fluctuations over the periods provided. As of December 31, 2020, the ratio stood at 0.12, indicating that the company had a higher level of debt relative to its total assets at that time. Subsequently, the ratio decreased and remained low or zero for most of the following quarters, signifying a lower level of debt in relation to assets. By December 31, 2024, the ratio had increased to 0.11, suggesting a slightly higher debt proportion compared to total assets. Overall, the company's debt-to-assets ratio demonstrates varying levels of leverage over the reported periods, with the latest figure indicating a modest increase in debt relative to assets.
Peer comparison
Dec 31, 2024