Kenvue Inc. (KVUE)
Debt-to-equity ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 7,500,000 | 8,000,000 | 7,600,000 | 7,700,000 | 8,000,000 |
| Total stockholders’ equity | US$ in thousands | 9,668,000 | 10,644,000 | 10,178,000 | 10,621,000 | 11,211,000 |
| Debt-to-equity ratio | 0.78 | 0.75 | 0.75 | 0.72 | 0.71 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $7,500,000K ÷ $9,668,000K
= 0.78
The debt-to-equity ratio of Kenvue Inc. has been gradually increasing over the past year, starting at 0.71 as of December 31, 2023, and reaching 0.78 by December 31, 2024. This indicates that the company has been relying more on debt financing relative to equity over this period. While the ratio is still below 1, suggesting that the company has more equity than debt, the upward trend may raise concerns about the company's financial leverage and ability to meet its debt obligations. Further analysis of the company's financial health and liquidity position would be beneficial to assess the potential risks associated with this trend.
Peer comparison
Dec 31, 2024