Energizer Holdings Inc (ENR)
Debt-to-equity ratio
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 3,193,000 | 3,332,100 | 3,499,400 | 3,333,400 | 3,306,900 |
| Total stockholders’ equity | US$ in thousands | 135,800 | 210,700 | 130,600 | 355,700 | 309,100 |
| Debt-to-equity ratio | 23.51 | 15.81 | 26.79 | 9.37 | 10.70 |
September 30, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $3,193,000K ÷ $135,800K
= 23.51
The debt-to-equity ratio of Energizer Holdings Inc has shown some fluctuations over the past five years. As of September 30, 2024, the ratio stands at 23.51, indicating that the company has higher levels of debt in relation to its equity. This represents an increase from the previous year, where the ratio was 15.81. In comparison to the ratios in 2022 and 2023, which were 26.79 and 9.37, respectively, the current ratio is higher, suggesting a potential increase in the company's financial leverage. However, it is worth noting that the ratio is still lower than the ratio in 2020, which was 10.70. Overall, the trend in the debt-to-equity ratio for Energizer Holdings Inc indicates fluctuations in the company's capital structure and financial risk over the past five years.
Peer comparison
Sep 30, 2024