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