PepsiCo Inc (PEP)
Debt-to-capital ratio
| Dec 31, 2024 | Sep 7, 2024 | Jun 15, 2024 | Mar 23, 2024 | Dec 31, 2023 | Sep 9, 2023 | Jun 17, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 3, 2022 | Jun 11, 2022 | Mar 19, 2022 | Dec 31, 2021 | Sep 4, 2021 | Jun 12, 2021 | Mar 20, 2021 | Dec 31, 2020 | Sep 5, 2020 | Jun 13, 2020 | Mar 21, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 37,224,000 | — | — | — | 37,595,000 | — | — | — | 35,657,000 | — | — | — | 36,026,000 | — | — | — | 40,370,000 | — | — | — |
| Total stockholders’ equity | US$ in thousands | 18,041,000 | 19,453,000 | 19,446,000 | 19,047,000 | 18,503,000 | 18,806,000 | 17,685,000 | 17,042,000 | 17,149,000 | 18,977,000 | 18,553,000 | 18,202,000 | 16,043,000 | 15,872,000 | 15,299,000 | 13,947,000 | 13,454,000 | 13,483,000 | 12,491,000 | 13,465,000 |
| Debt-to-capital ratio | 0.67 | 0.00 | 0.00 | 0.00 | 0.67 | 0.00 | 0.00 | 0.00 | 0.68 | 0.00 | 0.00 | 0.00 | 0.69 | 0.00 | 0.00 | 0.00 | 0.75 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $37,224,000K ÷ ($37,224,000K + $18,041,000K)
= 0.67
The debt-to-capital ratio of PepsiCo Inc has shown fluctuations over the reported periods. As of December 31, 2020, the ratio was 0.75, indicating that 75% of the company's capital structure was funded by debt. Subsequently, the ratio decreased in the following periods, reaching 0.67 by the end of December 31, 2024. This suggests a decrease in the proportion of debt relative to the company's total capital during this period.
Overall, the company's debt-to-capital ratio displayed stability with occasional fluctuations over the reporting periods, indicating a balanced mix of debt and equity in their capital structure. It is essential to monitor this ratio to assess the company's leverage and financial risk management over time.
Peer comparison
Dec 31, 2024