Church & Dwight Company Inc (CHD)

Financial leverage ratio

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Total assets US$ in thousands 8,883,100 8,569,200 8,345,600 7,996,500 7,414,500
Total stockholders’ equity US$ in thousands 4,360,800 3,855,400 3,489,900 3,233,200 3,020,400
Financial leverage ratio 2.04 2.22 2.39 2.47 2.45

December 31, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $8,883,100K ÷ $4,360,800K
= 2.04

The financial leverage ratio of Church & Dwight Company Inc has shown a slight fluctuation over the last five years. It increased from 2.45 in December 31, 2020, to 2.47 in December 31, 2021, before decreasing to 2.39 in December 31, 2022. Subsequently, there was a more significant decrease to 2.22 in December 31, 2023, followed by a further decline to 2.04 in December 31, 2024. This downward trend in the financial leverage ratio indicates that the company has been gradually relying less on debt financing compared to its equity.


Peer comparison

Dec 31, 2024

Company name
Symbol
Financial leverage ratio
Church & Dwight Company Inc
CHD
2.04
Ecolab Inc
ECL
2.72
Procter & Gamble Company
PG
2.42
Stepan Company
SCL
1.94