PZ Cussons (LSE:PZC) Debt-to-Equity : 0.85 (As of Nov. 2023)

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What is PZ Cussons Debt-to-Equity?

PZ Cussons's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was £8.8 Mil. PZ Cussons's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was £229.6 Mil. PZ Cussons's Total Stockholders Equity for the quarter that ended in Nov. 2023 was £280.6 Mil. PZ Cussons's debt to equity for the quarter that ended in Nov. 2023 was 0.85.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for PZ Cussons's Debt-to-Equity or its related term are showing as below:

LSE:PZC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.25 Med: 0.53 Max: 0.85
Current: 0.85

During the past 13 years, the highest Debt-to-Equity Ratio of PZ Cussons was 0.85. The lowest was 0.25. And the median was 0.53.

LSE:PZC's Debt-to-Equity is ranked worse than
73.15% of 1639 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs LSE:PZC: 0.85

PZ Cussons Debt-to-Equity Historical Data

The historical data trend for PZ Cussons's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

PZ Cussons Debt-to-Equity Chart

PZ Cussons Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Debt-to-Equity

Get a 7-Day Free Trial

0.49

0.36

0.45

0.67

PZ Cussons Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Debt-to-Equity	Get a 7-Day Free Trial															0.30	0.45	0.62	0.67	0.85

Competitive Comparison of PZ Cussons's Debt-to-Equity

For the Household & Personal Products subindustry, PZ Cussons's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

PZ Cussons's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PZ Cussons's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where PZ Cussons's Debt-to-Equity falls into.

PZ Cussons Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PZ Cussons's Debt to Equity Ratio for the fiscal year that ended in May. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(1.7	+	262.5)	/	395.6
	=	0.67

PZ Cussons's Debt to Equity Ratio for the quarter that ended in Nov. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(8.8	+	229.6)	/	280.6
	=	0.85

PZ Cussons (LSE:PZC) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

PZ Cussons Debt-to-Equity Related Terms

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PZ Cussons (LSE:PZC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PZ Cussons PLC (LSE:PZC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

PZCUY:USA PZCl:UK 1ZQ:Germany

Address

Manchester Business Park, 3500 Aviator Way, Manchester, GBR, M22 5TG

Website

https://www.pzcussons.com

PZ Cussons PLC is a household and personal-care company. Its main business categories are personal care and beauty, home care, food and nutrition, and electricals. Its key geographies are Africa (Ghana, Nigeria, and Kenya); Europe (the UK, Poland, and Greece); Asia (Australia, Thailand, and Indonesia); and the US The personal care and beauty segment offers shower gels, soaps, and haircare products under brands like Cussons Baby and Carex. Thu home care division offers dishwashers and laundry detergents under the Zip, Radiant, and Morning Fresh brands. The food and nutrition division provides organic yogurts, olive oil, and baby food under the Minerva and Rafferty's Garden brands. The electrical division offers electrical household items such as audiovisual products and air conditioners.