PepsiCo Inc (PEP)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 37,224,000 | 37,595,000 | 35,657,000 | 36,026,000 | 40,370,000 |
| Total assets | US$ in thousands | 99,467,000 | 100,495,000 | 92,187,000 | 92,377,000 | 92,918,000 |
| Debt-to-assets ratio | 0.37 | 0.37 | 0.39 | 0.39 | 0.43 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $37,224,000K ÷ $99,467,000K
= 0.37
The debt-to-assets ratio of PepsiCo Inc has shown a decreasing trend over the past five years, decreasing from 0.43 in December 2020 to 0.37 in December 2024. This indicates that PepsiCo's level of debt in relation to its total assets has been decreasing over time. A lower debt-to-assets ratio suggests that the company has a lower level of financial leverage and may have a stronger financial position with a higher proportion of assets financed by equity rather than debt. This trend could be viewed positively by investors and creditors as it signifies a potentially lower financial risk for the company.
Peer comparison
Dec 31, 2024