Church & Dwight Company Inc (CHD)
Financial leverage ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 8,883,100 | 8,666,200 | 8,762,100 | 8,561,500 | 8,569,200 | 8,702,200 | 8,511,000 | 8,266,600 | 8,345,600 | 8,287,800 | 8,444,800 | 7,941,200 | 7,996,500 | 7,382,000 | 7,368,500 | 7,380,900 | 7,414,500 | 7,077,000 | 6,919,000 | 7,485,900 |
| Total stockholders’ equity | US$ in thousands | 4,360,800 | 4,193,700 | 4,305,500 | 4,100,700 | 3,855,400 | 4,050,500 | 3,911,000 | 3,667,700 | 3,489,900 | 3,687,800 | 3,554,400 | 3,402,900 | 3,233,200 | 3,513,600 | 3,377,200 | 3,211,200 | 3,020,400 | 3,210,300 | 2,998,800 | 2,817,800 |
| Financial leverage ratio | 2.04 | 2.07 | 2.04 | 2.09 | 2.22 | 2.15 | 2.18 | 2.25 | 2.39 | 2.25 | 2.38 | 2.33 | 2.47 | 2.10 | 2.18 | 2.30 | 2.45 | 2.20 | 2.31 | 2.66 |
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 exhibited some fluctuations over the periods analyzed. The ratio, which measures the extent to which the company relies on debt financing compared to equity, ranged from a high of 2.66 on March 31, 2020, to a low of 2.04 on June 30, 2024.
Overall, the trend indicates some volatility in the company's capital structure over time. It is important to note that a higher financial leverage ratio suggests a greater reliance on debt, which can amplify returns but also increase financial risk. On the other hand, a lower ratio suggests a more conservative approach to financing, with a higher proportion of equity in the capital structure.
Investors and stakeholders may want to closely monitor these fluctuations to assess the company's ability to manage its debt obligations effectively and sustain its financial health over the long term.
Peer comparison
Dec 31, 2024