Post Holdings Inc (POST)
Debt-to-assets ratio
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 6,811,600 | 6,039,000 | 5,956,600 | 6,441,600 | 6,959,000 |
| Total assets | US$ in thousands | 12,854,200 | 11,646,700 | 11,308,000 | 12,414,700 | 12,146,700 |
| Debt-to-assets ratio | 0.53 | 0.52 | 0.53 | 0.52 | 0.57 |
September 30, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $6,811,600K ÷ $12,854,200K
= 0.53
The debt-to-assets ratio of Post Holdings Inc has been relatively stable over the past five years, ranging between 0.52 and 0.57. This ratio indicates the proportion of the company's assets that are financed through debt. A debt-to-assets ratio of 0.53 as of September 30, 2024, suggests that approximately 53% of Post Holdings' assets are funded by debt.
A ratio above 0.5 generally indicates that the company relies more on debt financing than on equity, which can increase financial risk due to interest payments and potential liquidity issues. However, it is important to consider industry standards and the company's specific circumstances when evaluating this metric.
Overall, while Post Holdings Inc's debt-to-assets ratio has remained relatively consistent in recent years, further analysis of the company's overall debt levels, interest coverage, and cash flow would provide a more complete picture of its financial health and risk profile.
Peer comparison
Sep 30, 2024