Edgewell Personal Care Co (EPC)

Debt-to-assets 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
Long-term debt US$ in thousands 1,275,000 1,290,400 1,350,800 1,452,300 1,360,700 1,323,100 1,413,600 1,492,000 1,391,400 1,356,900 1,414,300 1,432,700 1,234,200 1,233,600 1,233,000 1,238,400 1,237,900 1,237,400 1,098,300 1,098,100
Total assets US$ in thousands 3,730,900 3,708,400 3,756,300 3,787,200 3,740,700 3,766,300 3,798,600 3,797,000 3,713,100 3,721,300 3,793,300 3,807,100 3,674,600 3,647,200 3,537,900 3,496,100 3,540,900 3,465,600 3,308,500 3,303,200
Debt-to-assets ratio 0.34 0.35 0.36 0.38 0.36 0.35 0.37 0.39 0.37 0.36 0.37 0.38 0.34 0.34 0.35 0.35 0.35 0.36 0.33 0.33

September 30, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $1,275,000K ÷ $3,730,900K
= 0.34

The debt-to-assets ratio of Edgewell Personal Care Co has shown some fluctuation over the past several quarters, ranging from 0.33 to 0.39. This ratio indicates the proportion of the company's assets financed by debt. A lower ratio suggests that the company relies less on debt to finance its operations, while a higher ratio may indicate higher financial leverage.

In this case, the company's debt-to-assets ratio has generally remained within a narrow range, with a slight increase in the most recent quarter. A ratio of around 0.35 to 0.37 is common, suggesting that Edgewell Personal Care Co maintains a balanced approach to financing its assets with a mix of debt and equity.

It is important to consider the trend of the ratio over time and compare it to industry benchmarks to gain a better understanding of the company's financial health and risk profile related to its debt levels. Further analysis and context would be needed to assess the implications of these variations in the debt-to-assets ratio for Edgewell Personal Care Co.


Peer comparison

Sep 30, 2024

Company name
Symbol
Debt-to-assets ratio
Edgewell Personal Care Co
EPC
0.34
Energizer Holdings Inc
ENR
0.74
Integer Holdings Corp
ITGR
0.33
Novanta Inc
NOVT
0.28