Pentair PLC (PNR)
Debt-to-assets ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 1,638,700 | 1,628,400 | 1,752,600 | 2,084,300 | 1,988,300 | 1,993,600 | 2,114,700 | 2,491,800 | 2,317,300 | 2,448,100 | 911,500 | 1,091,100 | 894,100 | 700,900 | 716,600 | 932,400 | 839,600 | 805,200 | 1,013,000 | 1,450,500 |
| Total assets | US$ in thousands | 6,446,500 | 6,472,600 | 6,548,000 | 6,738,700 | 6,563,300 | 6,411,000 | 6,508,300 | 6,671,200 | 6,447,500 | 6,508,600 | 4,872,200 | 4,975,900 | 4,753,600 | 4,472,800 | 4,354,700 | 4,384,100 | 4,197,200 | 4,103,500 | 4,116,100 | 4,426,700 |
| Debt-to-assets ratio | 0.25 | 0.25 | 0.27 | 0.31 | 0.30 | 0.31 | 0.32 | 0.37 | 0.36 | 0.38 | 0.19 | 0.22 | 0.19 | 0.16 | 0.16 | 0.21 | 0.20 | 0.20 | 0.25 | 0.33 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $1,638,700K ÷ $6,446,500K
= 0.25
The debt-to-assets ratio of Pentair PLC has shown some fluctuation over the past few years. The ratio increased from 0.33 as of March 31, 2020, to a peak of 0.38 as of September 30, 2022, depicting a rising trend in debt relative to assets. However, the ratio then declined steadily to 0.25 by December 31, 2024.
Overall, the company's debt-to-assets ratio has ranged between 0.16 and 0.38 during this period, indicating that Pentair PLC has been maintaining a reasonable level of debt compared to its total assets. It is important for the company to carefully manage this ratio to ensure a healthy balance between debt and asset levels for sustainable financial performance and stability.
Peer comparison
Dec 31, 2024