Primo Brands Debt/Equity Ratio 2010-2024 | PRMB
- Primo Brands average debt/equity ratio for 2023 was 0.98, a 1.01% decline from 2022.
- Primo Brands average debt/equity ratio for 2022 was 0.99, a 1% decline from 2021.
- Primo Brands average debt/equity ratio for 2021 was 1, a 6.38% decline from 2020.
Debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity.