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