Carter’s Inc (CRI)
Debt-to-equity 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-equity ratio | 0.58 | 0.60 | 0.61 | 0.59 | 0.59 | 0.72 | 0.64 | 0.72 | 0.77 | 0.93 | 0.75 | 0.54 | 1.04 | 0.94 | 0.90 | 0.96 | 1.05 | 1.20 | 1.68 | 1.73 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $498,127K ÷ $854,562K
= 0.58
The debt-to-equity ratio for Carter’s Inc has been on a decreasing trend from 1.73 as of March 31, 2020, to 0.58 as of December 31, 2024. This indicates that the company's level of leverage has been declining over the period, with a decrease in the proportion of debt relative to equity in the capital structure. A lower debt-to-equity ratio signifies a lower financial risk and suggests that the company may be relying more on equity financing rather than debt to fund its operations and growth. Overall, the decreasing trend in the debt-to-equity ratio reflects a strengthening financial position and improved solvency for Carter’s Inc.
Peer comparison
Dec 31, 2024