Edgewell Personal Care Co (EPC)
Current ratio
| Sep 30, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 936,000 | 958,700 | 994,800 | 1,005,500 | 962,400 | 988,600 | 1,009,200 | 1,007,500 | 942,200 | 933,700 | 968,700 | 966,900 | 1,135,700 | 1,102,000 | 987,700 | 933,400 | 983,600 | 1,151,500 | 989,200 | 946,600 |
| Total current liabilities | US$ in thousands | 563,600 | 535,100 | 541,900 | 467,700 | 523,400 | 579,800 | 569,000 | 501,300 | 539,500 | 575,100 | 544,200 | 483,900 | 536,800 | 547,100 | 483,800 | 428,900 | 510,500 | 484,400 | 486,200 | 462,500 |
| Current ratio | 1.66 | 1.79 | 1.84 | 2.15 | 1.84 | 1.71 | 1.77 | 2.01 | 1.75 | 1.62 | 1.78 | 2.00 | 2.12 | 2.01 | 2.04 | 2.18 | 1.93 | 2.38 | 2.03 | 2.05 |
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 fluctuated over the past few years, ranging from a low of 1.62 to a high of 2.38. A higher current ratio indicates stronger short-term liquidity and ability to cover current liabilities with current assets. Therefore, a current ratio above 1 is generally considered healthy.
Looking at the trend, the current ratio has generally been above 1.5, which is a positive sign as it suggests the company has sufficient current assets to cover its current liabilities. In recent quarters, the current ratio has shown some variability, with the highest ratio being 2.38 and the lowest being 1.62.
Overall, while the current ratio has fluctuated, it has generally remained above 1.5, indicating that Edgewell Personal Care Co has maintained a reasonable level of liquidity over the periods analyzed. However, management should continue to monitor the trend to ensure the company's liquidity remains at appropriate levels to meet its short-term obligations.
Peer comparison
Sep 30, 2024