Inter Parfums Inc (IPAR)

Debt-to-capital ratio

		Dec 31, 2024	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
Long-term debt	US$ in thousands	115,734	134,585	108,482	115,926	127,897	128,983	138,565	145,128	151,494	107,942	117,354	125,164	132,902	126,636	133,244	9,173	10,136	19,384	18,858	9,781
Total stockholders’ equity	US$ in thousands	744,871	778,476	717,077	708,103	699,393	690,309	668,201	658,406	616,782	574,696	569,814	584,559	571,920	585,659	561,319	540,112	535,835	499,460	465,988	462,024
Debt-to-capital ratio		0.13	0.15	0.13	0.14	0.15	0.16	0.17	0.18	0.20	0.16	0.17	0.18	0.19	0.18	0.19	0.02	0.02	0.04	0.04	0.02

December 31, 2024 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $115,734K ÷ ($115,734K + $744,871K)
= 0.13

Inter Parfums Inc's debt-to-capital ratio has fluctuated over the years according to the provided data. The ratio measures the proportion of debt in the company's capital structure.

From March 31, 2020, to December 31, 2020, the debt-to-capital ratio remained relatively low, ranging from 0.02 to 0.04. This indicates that the company had minimal debt compared to its total capital during this period.

However, starting from June 30, 2021, the ratio saw a significant increase, reaching levels of 0.19 and 0.18 in June and September 2021, respectively. This suggests an increase in the company's debt relative to its capital, which could signify a higher financial risk.

The trend continued in the subsequent quarters, with fluctuations between 0.16 and 0.20 by the end of December 31, 2022. The ratio decreased slightly by March 31, 2023, and continued to decline gradually until reaching 0.13 by December 31, 2024.

Overall, the debt-to-capital ratio of Inter Parfums Inc has shown both short-term fluctuations and long-term trends, indicating changes in the company's leverage and financial strength over the analyzed period. It is essential for investors and stakeholders to monitor this ratio to assess the company's financial risk and sustainability.