Church & Dwight Company Inc (CHD)
Debt-to-assets 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 | 2,204,600 | 2,208,200 | 2,207,600 | 2,202,800 | 2,202,200 | 2,401,500 | 2,207,600 | 2,202,800 | 2,599,500 | 2,104,400 | 2,103,900 | 1,611,200 | 1,610,700 | 1,214,800 | 1,513,800 | 1,813,100 | 1,812,500 | 1,811,900 | 1,811,400 | 1,810,800 |
| Total assets | US$ in thousands | 8,883,100 | 8,666,200 | 8,762,100 | 8,561,500 | 8,569,200 | 8,702,200 | 8,511,000 | 8,266,600 | 8,345,600 | 8,287,800 | 8,444,800 | 7,941,200 | 7,996,500 | 7,382,000 | 7,368,500 | 7,380,900 | 7,414,500 | 7,077,000 | 6,919,000 | 7,485,900 |
| Debt-to-assets ratio | 0.25 | 0.25 | 0.25 | 0.26 | 0.26 | 0.28 | 0.26 | 0.27 | 0.31 | 0.25 | 0.25 | 0.20 | 0.20 | 0.16 | 0.21 | 0.25 | 0.24 | 0.26 | 0.26 | 0.24 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $2,204,600K ÷ $8,883,100K
= 0.25
The debt-to-assets ratio of Church & Dwight Company Inc has shown some fluctuation over the period. As of December 31, 2024, the ratio stands at 0.25. This implies that the company has $0.25 in debt for every dollar of assets.
Analyzing the trend of the ratio over the last few years, we observe that there was a slight increase in the ratio from March 31, 2022, to December 31, 2022, reaching 0.31, indicating a higher proportion of debt relative to assets at that time. However, the ratio decreased in subsequent periods, reaching its lowest point of 0.16 on September 30, 2021, which may signal a reduction in the company's debt burden in relation to its assets.
Overall, the debt-to-assets ratio fluctuated within a relatively narrow range, indicating that Church & Dwight Company Inc has maintained a conservative approach towards financing its operations with debt, thereby potentially reducing the financial risk associated with high leverage. Further analysis of the company's debt levels and trend in conjunction with other financial metrics would provide a more comprehensive view of its financial health and risk profile.
Peer comparison
Dec 31, 2024