Embecta Corp (EMBC)
Debt-to-capital ratio
| Sep 30, 2023 | Sep 30, 2022 | ||
|---|---|---|---|
| Long-term debt | US$ in thousands | 1,593,900 | 1,598,100 |
| Total stockholders’ equity | US$ in thousands | -821,700 | -891,400 |
| Debt-to-capital ratio | 2.06 | 2.26 |
September 30, 2023 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $1,593,900K ÷ ($1,593,900K + $-821,700K)
= 2.06
Peer comparison
Sep 30, 2023
Company name
Symbol
Debt-to-capital ratio
Embecta Corp
EMBC
2.06
3M Company
MMM
0.73
Artivion Inc
AORT
0.52
Baxter International Inc
BAX
0.00
Becton Dickinson and Company
BDX
0.36
Boston Scientific Corp
BSX
0.00
DexCom Inc
DXCM
0.54
Glaukos Corp
GKOS
0.38
Globus Medical
GMED
0.09
Haemonetics Corporation
HAE
0.45
ICU Medical Inc
ICUI
0.43