Edgewell Personal Care Co (EPC)
Debt-to-equity 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-equity ratio | 0.80 | 0.82 | 0.87 | 0.94 | 0.88 | 0.85 | 0.93 | 1.00 | 0.95 | 0.92 | 0.93 | 0.92 | 0.78 | 0.82 | 0.84 | 0.85 | 0.86 | 0.90 | 0.82 | 0.81 |
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 few years, ranging from 0.78 to 1.00. A higher debt-to-equity ratio indicates that the company relies more on debt financing compared to equity financing. In the most recent period, as of September 30, 2024, the debt-to-equity ratio stands at 0.80, suggesting a moderate level of debt relative to equity.
Looking at the trend, the ratio increased from 0.78 in December 2021 to 1.00 in December 2022, indicating a significant rise in debt relative to equity within a year. Subsequently, the ratio experienced fluctuations, dropping to 0.85 in June 2023 before reaching a peak of 0.94 in December 2023. Since then, there has been a slight decline in the ratio, with the latest decrease to 0.80 in September 2024.
Overall, the trend in the debt-to-equity ratio of Edgewell Personal Care Co shows some variability over time, reflecting changes in the company's capital structure and its financing decisions. Monitoring this ratio can provide insights into the company's financial risk and leverage position.
Peer comparison
Sep 30, 2024