Planet Labs PBC (PL) Debt to Assets Ratio: 0.40%
The debt to assets ratio for Planet Labs PBC (PL) is 0.40% as of Friday, June 12, 2026.
PL Debt to Assets Ratio Metrics
DEBT TO ASSETS RATIO
0.40%
PL Competitors' Debt to Assets Ratio
| NAME | MARKET CAP | DEBT TO ASSETS RATIO |
|---|---|---|
| Planet Labs PBC (PL) | $11.38B | 0.40% |
| Pentair plc (PNR) | $11.73B | 0.24% |
| Powell Industries, Inc. (POWL) | $10.58B | 0.00% |
| Gartner, Inc. (IT) | $9.92B | 0.45% |
| CNH Industrial N.V. (CNH) | $12.85B | 0.63% |
| AGCO Corporation (AGCO) | $8.04B | 0.23% |
| Generac Holdings Inc. (GNRC) | $14.81B | 0.24% |
| Matson, Inc. (MATX) | $6.02B | 0.15% |
| Primoris Services Corporation (PRIM) | $5.13B | 0.29% |
| Fortive Corporation (FTV) | $18.24B | 0.27% |
Leverage Ratios Comparison
Debt/Assets
0.4%
Debt/Equity
2.45
Current Ratio
1.65
Interest Coverage
-27.7x
Formula: Debt/Assets = Total Debt / Total Assets × 100
Debt/Assets vs Debt/Equity:
- Debt/Assets: Shows % of assets funded by creditors (bounded 0-100%)
- Debt/Equity: Shows debt relative to shareholder investment (can exceed 100%)
- Both measure leverage but from different perspectives
Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.
Planet Labs PBC Debt to Assets Ratio Formula & Definition
Debt/Assets ratio shows what percentage of a company's assets are financed by debt. Compare the current value with the historical chart and peer group to understand leverage over time.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Planet Labs PBC Debt to Assets Ratio FAQ
- What is the debt to assets ratio for Planet Labs PBC (PL)?
- The debt to assets ratio for PL stock is 0.40%.
About Planet Labs PBC
Planet Labs PBC is dedicated to the creation, deployment, and management of extensive satellite constellations. Its core mission is to provide frequent, worldwide geospatial data, which customers can access through a specialized online platform. The company's offerings include a proprietary, cloud-native technological solution, branded as "Open Geospatial Consortium," that meticulously processes and unifies imagery for temporal analysis and advanced data integration. Additionally, they furnish space-based equipment and complementary software systems. Planet Labs caters to a diverse clientele across sectors such as agriculture, cartography, forestry, and the finance and insurance industries, alongside federal, state, and municipal government bodies. The organization was established in 2010 and maintains its primary operational base in San Francisco, California.
- Sector
- Industrials
- Industry
- Aerospace & Defense
- CEO
- William Spencer Marshall