Philip Morris International Inc (PM)
Debt-to-equity ratio
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | -11,225,000 | -9,433,000 | -9,703,000 | -8,924,000 | -8,957,000 | -9,137,000 | -9,044,000 | -10,098,000 | -10,106,000 | -10,551,000 | -11,113,000 | -11,548,000 | -12,567,000 | -12,092,000 | -11,997,000 | -12,944,000 | -11,577,000 | -11,010,000 | -11,199,000 | -11,968,000 |
| Debt-to-equity ratio | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $-11,225,000K
= —
As the debt-to-equity ratio data for Philip Morris International Inc is not provided in the table for any of the quarters in 2022 and 2023, it is not possible to conduct a detailed analysis of the company's debt-to-equity position during this period. The debt-to-equity ratio is a key financial metric that indicates the proportion of a company's financing that is done through debt compared to equity. Typically, a high debt-to-equity ratio suggests that a company may be more leveraged and potentially at higher risk, while a lower ratio indicates a more conservative capital structure. Without specific data on this ratio for Philip Morris International Inc, it is difficult to evaluate the company's debt levels relative to its equity and assess its overall financial risk profile.
Peer comparison
Dec 31, 2023
See also:
Philip Morris International Inc Debt to Equity (Quarterly Data)