Edgewell Personal Care Co (EPC)

Solvency ratios

	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	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Debt-to-assets ratio	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	0.32	0.32	0.33
Debt-to-capital ratio	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	0.46	0.45	0.42
Debt-to-equity ratio	0.94	0.88	0.85	0.94	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	0.84	0.82	0.74
Financial leverage ratio	2.45	2.43	2.43	2.52	2.54	2.53	2.52	2.50	2.45	2.31	2.41	2.42	2.39	2.46	2.53	2.46	2.45	2.62	2.57	2.24

Solvency ratios provide valuable insights into a company's ability to meet its long-term financial obligations. Looking at Edgewell Personal Care Co's solvency ratios over the past eight quarters, we can see the following trends:

1. Debt-to-assets ratio has fluctuated between 0.36 and 0.40, indicating that Edgewell's level of debt in relation to its total assets has remained relatively stable. A lower debt-to-assets ratio suggests a stronger financial position as it reflects lower reliance on debt to finance its assets.

2. Debt-to-capital ratio has ranged from 0.46 to 0.51, showing some variability in the proportion of debt in relation to the company's total capital structure. A declining trend in this ratio would suggest an improved capacity to cover debt obligations with available capital.

3. Debt-to-equity ratio has fluctuated between 0.86 and 1.02, indicating some volatility in the company's leverage level. A lower debt-to-equity ratio is generally preferred as it signifies less reliance on debt financing and a higher proportion of equity in the capital structure.

4. Financial leverage ratio has varied between 2.43 and 2.55, reflecting the extent to which Edgewell's operations are funded by debt. A decreasing trend in this ratio would indicate a lower financial risk and potentially more stable financial health.

Overall, while some fluctuations are observed in Edgewell Personal Care Co's solvency ratios, the company has maintained a reasonable level of leverage and debt relative to its assets and equity. Monitoring these ratios over time can provide valuable insights into the company's financial health and its ability to weather economic downturns or unexpected challenges.

Coverage ratios

	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	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Interest coverage	2.74	2.88	3.02	2.61	2.68	2.74	2.83	3.12	3.03	3.15	2.79	2.10	2.29	2.43	2.79	-5.91	-5.05	-5.23	-5.42	2.80

The interest coverage ratio for Edgewell Personal Care Co has been relatively stable over the past eight quarters, ranging from 2.66 to 3.33. The ratio measures the company's ability to cover its interest payments with its operating income. A higher ratio indicates that the company is more capable of meeting its interest obligations from its earnings.

The interest coverage ratios above 1 generally indicate that Edgewell is generating enough operating income to cover its interest expenses. With ratios consistently above 2, it suggests a healthy financial position in terms of managing debt and interest payments.

Although the ratio has fluctuated slightly over the quarters, the overall trend indicates a strong ability of Edgewell Personal Care Co to meet its interest obligations. However, it is important for the company to continue monitoring and maintaining a healthy interest coverage ratio to ensure sustainable financial health and stability.