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

Company name
Symbol
Debt-to-equity ratio
Church & Dwight Company Inc
CHD
0.51
Ecolab Inc
ECL
0.00
Procter & Gamble Company
PG
0.50
Stepan Company
SCL
0.33