Performance Food Group Co (PFGC)
Debt-to-capital ratio
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 4,126,900 | 3,745,500 | 3,299,500 | 2,106,100 | 2,010,600 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
June 30, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $4,126,900K)
= 0.00
Performance Food Group Co's debt-to-capital ratio has been consistently reported as 0.00 over the five-year period from June 30, 2020, to June 30, 2024. This indicates that the company has not utilized debt as a significant source of capital relative to its total capital structure. A debt-to-capital ratio of 0.00 suggests that the company's capital structure is predominantly financed by equity rather than debt. This may imply a lower financial risk for the company as it is not heavily reliant on borrowing to fund its operations or expansions. However, it is important to note that a zero debt-to-capital ratio may also indicate limited leverage, which could potentially restrict the company's ability to take advantage of favorable financing opportunities in the future.
Peer comparison
Jun 30, 2024