Carter’s Inc (CRI)
Debt-to-capital ratio
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Long-term debt | US$ in thousands | 498,127 | 497,930 | 497,735 | 497,543 | 497,354 | 567,168 | 496,984 | 576,803 | 616,624 | 736,448 | 616,275 | 496,104 | 991,370 | 990,900 | 990,437 | 989,980 | 989,530 | 989,086 | 1,232,650 | 1,238,820 |
Total stockholders’ equity | US$ in thousands | 854,562 | 829,340 | 811,750 | 841,353 | 845,250 | 785,311 | 775,009 | 797,893 | 796,409 | 788,202 | 820,866 | 915,290 | 950,186 | 1,054,870 | 1,097,500 | 1,029,610 | 938,033 | 821,881 | 733,278 | 716,002 |
Debt-to-capital ratio | 0.37 | 0.38 | 0.38 | 0.37 | 0.37 | 0.42 | 0.39 | 0.42 | 0.44 | 0.48 | 0.43 | 0.35 | 0.51 | 0.48 | 0.47 | 0.49 | 0.51 | 0.55 | 0.63 | 0.63 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $498,127K ÷ ($498,127K + $854,562K)
= 0.37
Carter’s Inc has maintained a relatively stable debt-to-capital ratio over the past few years, with a gradual decrease from 0.63 in March 2020 to 0.37 in December 2024. This indicates that the company's level of debt in relation to its total capital has declined over the period, reflecting improved financial health and reduced dependency on debt financing. The ratio reached its lowest point of 0.35 in March 2022, suggesting a temporary reduction in debt relative to total capital. Overall, the downward trend in the debt-to-capital ratio for Carter’s Inc signifies a positive shift towards a more sustainable capital structure.
Peer comparison
Dec 31, 2024