Procter & Gamble Company (PG)
Debt-to-capital ratio
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 52,284,000 | 50,286,000 | 46,777,000 | 46,589,000 | 46,378,000 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
June 30, 2025 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $52,284,000K)
= 0.00
The data indicates that the Procter & Gamble Company has maintained a debt-to-capital ratio of zero from June 30, 2021, through June 30, 2025. This consistent zero value suggests that the company has not utilized debt financing relative to its total capital during this period. Consequently, the company's capital structure appears to rely entirely on equity financing, with no recorded long-term or short-term debt contributing to its overall capital base. This zero debt-to-capital ratio reflects a conservative financial strategy, possibly emphasizing a high equity-to-debt ratio to minimize financial leverage and associated risks.