Performance Food Group Co (PFGC)
Debt-to-assets ratio
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 13,392,900 | 12,499,000 | 12,378,000 | 7,845,700 | 7,719,700 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
June 30, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $13,392,900K
= 0.00
The debt-to-assets ratio for Performance Food Group Co has consistently been reported as 0.00 over the past five years across June 30, 2020, June 30, 2021, June 30, 2022, June 30, 2023, and June 30, 2024. This indicates that the company has maintained a strong financial position with no debt reported in relation to its total assets. A debt-to-assets ratio of 0.00 signifies that the company has zero debt obligations in comparison to its total assets, which may indicate a conservative financial strategy or strong cash flow management. However, while a lower debt-to-assets ratio can be advantageous in terms of financial stability and risk management, it's important to also consider the potential impact on the company's ability to leverage debt for growth opportunities.
Peer comparison
Jun 30, 2024