Edgewell Personal Care Co (STU:EGZ) LT-Debt-to-Total-Asset : 0.36 (As of Mar. 2024)

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What is Edgewell Personal Care Co LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Edgewell Personal Care Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.36.

Edgewell Personal Care Co's long-term debt to total assets ratio declined from Mar. 2023 (0.38) to Mar. 2024 (0.36). It may suggest that Edgewell Personal Care Co is progressively becoming less dependent on debt to grow their business.

Edgewell Personal Care Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Edgewell Personal Care Co's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Edgewell Personal Care Co LT-Debt-to-Total-Asset Chart

Edgewell Personal Care Co Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

LT-Debt-to-Total-Asset

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0.32

0.36

0.35

0.38

0.36

Edgewell Personal Care Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.38	0.35	0.36	0.38	0.36

Edgewell Personal Care Co LT-Debt-to-Total-Asset Calculation

Edgewell Personal Care Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (A: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2023 )	/	Total Assets (A: Sep. 2023 )
	=	1274.976	/	3505.036
	=	0.36

Edgewell Personal Care Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	1242.736	/	3455.796
	=	0.36

Edgewell Personal Care Co (STU:EGZ) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

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Edgewell Personal Care Co (STU:EGZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Edgewell Personal Care Co (STU:EGZ) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

EPC:USA

Address

6 Research Drive, Shelton, CT, USA, 06484

Website

https://www.edgewell.com

Edgewell Personal Care Co is a personal-care company. The operating segments of the company include Wet Shave, Sun and Skin Care and Feminine Care. Some of the brands offered by the company include Edge, Skintimate, Personna, Schick, Carefree, Playtex, Banana Boat and Hawaiian Tropic. It derives a majority of its revenue from the United States.

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