Carlisle Companies Incorporated (CSL)
Solvency ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Financial leverage ratio | 2.36 | 2.34 | 2.24 | 2.32 | 2.34 | 2.33 | 2.37 | 2.33 | 2.39 | 2.54 | 2.64 | 2.73 | 2.76 | 2.78 | 2.42 | 2.39 | 2.31 | 2.34 | 2.31 | 2.50 |
The solvency ratios of Carlisle Companies Incorporated indicate a consistently low level of debt relative to its assets, capital, and equity over the specified periods. The debt-to-assets ratio, debt-to-capital ratio, and debt-to-equity ratio have all been recorded as 0.00, suggesting that the company has minimal debt obligations compared to its total assets, capital, and equity.
Additionally, the financial leverage ratio, which measures the proportion of a company's assets that are financed by debt, has shown a stable trend around the 2.30 to 2.40 range in recent years, indicating a moderate level of financial leverage. This suggests that the company has been managing its debt levels effectively, maintaining a healthy balance between debt and equity financing.
Overall, based on the solvency ratios analyzed, Carlisle Companies Incorporated appears to have a strong financial position with a prudent approach to managing its debt levels, which is essential for ensuring long-term stability and sustainability in its operations.
Coverage ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | 15.78 | 15.95 | 15.29 | 13.87 | 12.53 | 12.49 | 12.58 | 13.77 | 14.92 | 13.58 | 11.90 | 9.06 | 7.06 | 6.52 | 6.52 | 6.34 | 6.58 | 7.10 | 7.79 | 9.66 |
The interest coverage ratio of Carlisle Companies Incorporated has shown a fluctuating trend over the analyzed periods. The ratio started at 9.66 on March 31, 2020, indicating that the company earned almost 10 times the interest expenses, providing a comfortable buffer for meeting interest payments.
However, the interest coverage ratio gradually decreased to 6.34 by March 31, 2021, indicating a potential decline in the company's ability to cover its interest expenses from its operating profits. This trend continued as the ratio remained around 6 to 7 for the next few quarters.
From June 30, 2021, to December 31, 2021, there was a slight improvement in the interest coverage ratio, reaching 7.06 by the end of 2021. The ratio showed a more significant increase in the subsequent quarters, reaching 15.29 by June 30, 2024, indicating a substantial improvement in the company's ability to cover its interest expenses.
Overall, the interest coverage ratio of Carlisle Companies Incorporated has demonstrated variability but has shown improvement in recent periods, suggesting a better ability to meet its interest obligations from its operating profits. Investors and creditors may find this improving trend reassuring as it reflects enhanced financial stability and reduced risk of default on interest payments.