Post Holdings Inc (POST)

Debt-to-assets 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	6,314,000	6,039,000	6,186,100	5,837,100	5,886,800	5,956,600	6,032,400	6,105,900	7,429,000	6,441,600	6,932,100	6,981,000	6,972,100	6,959,000	6,776,900	7,171,300	6,382,600	7,066,000	6,324,500	6,326,200
Total assets	US$ in thousands	12,072,400	11,646,700	11,886,900	11,316,800	11,355,000	11,308,000	11,560,200	11,830,700	12,612,900	12,414,700	12,562,400	12,141,000	12,140,300	12,146,700	11,927,700	12,237,600	11,943,500	11,951,600	11,397,900	11,282,800
Debt-to-assets ratio		0.52	0.52	0.52	0.52	0.52	0.53	0.52	0.52	0.59	0.52	0.55	0.57	0.57	0.57	0.57	0.59	0.53	0.59	0.55	0.56

December 31, 2023 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $6,314,000K ÷ $12,072,400K
= 0.52

The debt-to-assets ratio for Post Holdings Inc has been fairly consistent at around 0.52 to 0.53 over the past few quarters. This indicates that approximately 52% to 53% of the company's assets are financed through debt. A consistent ratio may suggest that the company has a stable and sustainable debt structure. However, it is important to dig deeper into the nature of the debt (long-term vs. short-term) and the company's overall financial health to fully assess the implications of this ratio.

Peer comparison

Dec 31, 2023

Company name

Symbol

Debt-to-assets ratio

Post Holdings Inc

POST

0.52

General Mills Inc

GIS

0.00

Ingredion Incorporated