Church & Dwight Company Inc (CHD)
Debt-to-equity ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 2,204,600 | 2,202,200 | 2,599,500 | 1,610,700 | 1,812,500 |
| Total stockholders’ equity | US$ in thousands | 4,360,800 | 3,855,400 | 3,489,900 | 3,233,200 | 3,020,400 |
| Debt-to-equity ratio | 0.51 | 0.57 | 0.74 | 0.50 | 0.60 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $2,204,600K ÷ $4,360,800K
= 0.51
The debt-to-equity ratio for Church & Dwight Company Inc has fluctuated over the past five years. As of December 31, 2020, the ratio stood at 0.60, indicating that the company had a moderate level of debt relative to its equity. By December 31, 2021, the ratio decreased to 0.50, suggesting a slight improvement in the company's debt position.
However, the ratio rose to 0.74 by December 31, 2022, signaling an increase in the company's debt compared to its equity. This could potentially raise concerns about the company's financial leverage. Subsequently, by December 31, 2023, the ratio decreased to 0.57, showing a trend towards reducing debt relative to equity.
As of December 31, 2024, the debt-to-equity ratio further decreased to 0.51, indicating a more favorable balance between debt and equity for Church & Dwight Company Inc. Overall, the company's debt-to-equity ratio has exhibited variability over the five-year period, reflecting changes in its debt management and capital structure.
Peer comparison
Dec 31, 2024