Estee Lauder Companies Inc (EL)
Debt-to-capital ratio
| 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 | Dec 31, 2019 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 5,314,000 | 5,744,000 | 5,712,000 | 5,342,000 | 5,585,000 | 5,877,000 | 5,902,000 | 5,517,000 | 5,590,000 | 6,150,000 | 6,218,000 | 6,081,000 | 6,057,000 | 5,528,000 | 5,421,000 | 4,452,000 | 3,935,000 | 4,329,000 | 4,574,000 | 4,530,000 |
| 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 |
June 30, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $5,314,000K)
= 0.00
The debt-to-capital ratio for Estee Lauder Companies Inc has consistently been 0.00 for the past several quarters, indicating that the company has not been utilizing debt as a significant portion of its capital structure. A debt-to-capital ratio of 0.00 suggests that the company's capital is primarily funded by equity rather than debt. This may imply that the company has a strong financial position and is not heavily reliant on borrowing to finance its operations or expansion plans. It is important to note that a lower debt-to-capital ratio is generally viewed positively by investors and creditors as it signifies lower financial risk and greater financial stability.
Peer comparison
Jun 30, 2024