Edgewell Personal Care Co (EPC)
Current ratio
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 936,000 | 962,400 | 942,200 | 1,135,700 | 983,600 |
| Total current liabilities | US$ in thousands | 563,600 | 523,400 | 539,500 | 536,800 | 510,500 |
| Current ratio | 1.66 | 1.84 | 1.75 | 2.12 | 1.93 |
September 30, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $936,000K ÷ $563,600K
= 1.66
The current ratio of Edgewell Personal Care Co has shown a declining trend over the past five years, decreasing from 2.12 in 2021 to 1.66 in 2024. A current ratio above 1 indicates that the company has more current assets than current liabilities to meet its short-term obligations. While the current ratio of 1.66 in 2024 still indicates that the company has sufficient current assets to cover its current liabilities, the decreasing trend over the years may raise concerns about the company's liquidity and ability to meet its short-term obligations in the future. It is important for stakeholders to monitor this trend and assess the company's ability to manage its working capital effectively.
Peer comparison
Sep 30, 2024