PM Debt Analysis
Philip Morris International Inc. - Total Debt & Leverage Ratios
Data as of 12/31/2025
Debt Health Rating
Good
Healthy debt levels with adequate coverage
Key Debt Metrics
$18.33B
Combined long & short-term
-
Leverage ratio
9.76x
Op. income / interest
Debt Structure
Long-term Debt
Due after 1 year
Short-term Debt
Due within 1 year
Annual Interest Expense
Cost of debt per year
Net Debt
Total debt minus cash
Leverage Ratios
Debt-to-Assets
Total debt / Total assets
Debt Service Coverage
Cash flow / Interest
Debt Activity (Annual)
New Debt Issued
$7.05B
Debt Repaid
$5.37B
Net Change
$1.69B
Adding debt
Balance Sheet Context
Cash & Equivalents
$4.87B
Total Assets
$69.19B
Stockholders Equity
$-9.99B
Operating Income
$14.89B
Operating Cash Flow
$12.23B
View Detailed Debt Analysis
Explore maturity schedules, corporate bonds, and risk analysis
View Full Debt ReportFrequently Asked Questions
What is PM total debt?
PM has total debt of $18.33B, consisting of $16.76B in long-term debt and $1.58B in short-term debt.
What is PM debt-to-equity ratio?
Debt-to-equity ratio for PM is not currently available.
What is PM interest coverage ratio?
PM has an interest coverage ratio of 9.76x, meaning it generates 9.8 times its annual interest expense in operating income. This indicates strong ability to service debt.
Is PM debt level healthy?
PM has a debt health rating of "Good". Healthy debt levels with adequate coverage. The company has been adding to its debt.
How much is PM net debt?
PM's net debt (total debt minus cash) is $13.46B. This represents the actual debt burden after accounting for cash reserves.