Edgewell Personal Care Co (EPC)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 1,584,100 | 1,576,600 | 1,551,300 | 1,545,800 | 1,540,500 | 1,559,900 | 1,515,300 | 1,494,600 | 1,467,100 | 1,478,100 | 1,515,500 | 1,552,300 | 1,590,800 | 1,511,600 | 1,464,100 | 1,465,200 | 1,438,600 | 1,368,200 | 1,347,300 | 1,348,100 |
| Debt-to-capital ratio | 0.45 | 0.45 | 0.47 | 0.48 | 0.47 | 0.46 | 0.48 | 0.50 | 0.49 | 0.48 | 0.48 | 0.48 | 0.44 | 0.45 | 0.46 | 0.46 | 0.46 | 0.47 | 0.45 | 0.45 |
September 30, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $1,275,000K ÷ ($1,275,000K + $1,584,100K)
= 0.45
The debt-to-capital ratio of Edgewell Personal Care Co has shown fluctuation over the past several quarters, varying between 0.44 to 0.50. This ratio indicates the proportion of debt relative to the total capital employed in the company. A higher ratio suggests a larger portion of financing comes from debt, which can indicate higher financial risk.
In this case, the ratio has generally remained around the 0.45 to 0.50 range, indicating that Edgewell Personal Care Co has maintained a relatively stable level of debt compared to its total capital. The slight fluctuations over time may be influenced by changes in the company's borrowing or repayment activities, as well as shifts in the overall capital structure.
Overall, a debt-to-capital ratio in the range of 0.45 to 0.50 suggests that Edgewell Personal Care Co has a moderate reliance on debt financing, which may be considered reasonable depending on the industry norms and the company's ability to manage its debt obligations. Further analysis of the company's financial health and repayment capacity would be needed to fully assess the implications of its debt-to-capital ratio.
Peer comparison
Sep 30, 2024