Edgewell Personal Care Co (EPC)
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 | 1,275,000 | 1,360,700 | 1,391,400 | 1,234,200 | 1,237,900 |
| Total stockholders’ equity | US$ in thousands | 1,584,100 | 1,540,500 | 1,467,100 | 1,590,800 | 1,438,600 |
| Debt-to-equity ratio | 0.80 | 0.88 | 0.95 | 0.78 | 0.86 |
September 30, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $1,275,000K ÷ $1,584,100K
= 0.80
The debt-to-equity ratio of Edgewell Personal Care Co has fluctuated over the past five years. In September 2024, the ratio stood at 0.80, indicating that the company had $0.80 in debt for every $1 of equity. This represented a decrease from the previous year when the ratio was 0.88.
Comparing to 2022, the debt-to-equity ratio was 0.95, suggesting a higher level of debt relative to equity. However, in 2021, the ratio decreased to 0.78, indicating a lower reliance on debt financing compared to the previous year.
In 2020, the ratio was 0.86, showing a moderate level of debt usage. Overall, while there have been fluctuations in the debt-to-equity ratio of Edgewell Personal Care Co over the years, the company generally maintains a balance between debt and equity in its capital structure.
Peer comparison
Sep 30, 2024