Embecta Corp (EMBC)
Debt-to-equity ratio
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 1,592,900 | 1,593,900 | 1,595,000 | 1,596,000 | 1,597,100 | 1,598,100 | 1,599,200 | 1,403,700 | — |
| Total stockholders’ equity | US$ in thousands | -793,500 | -821,700 | -809,400 | -822,600 | -836,100 | -891,400 | -847,600 | -967,500 | 550,500 |
| Debt-to-equity ratio | — | — | — | — | — | — | — | — | 0.00 |
December 31, 2023 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $1,592,900K ÷ $-793,500K
= —
Based on the data provided, it appears that the debt-to-equity ratio for Embecta Corp was not available or not disclosed for the periods ending December 31, 2023, September 30, 2023, June 30, 2023, March 31, 2023, December 31, 2022, September 30, 2022, June 30, 2022, and March 31, 2022.
However, it is worth noting that the debt-to-equity ratio as of December 31, 2021, was 0.00, indicating that the company had no debt relative to its equity at that point in time. Without the specific ratios for the subsequent periods, it is challenging to assess any changes in the company's debt leverage and its impact on its financial structure and risk profile. Monitoring the debt-to-equity ratio over time can provide insights into the company's capital structure and its ability to meet its financial obligations.
Peer comparison
Dec 31, 2023