Colgate-Palmolive Company (CL)
Debt-to-equity 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 7,289,000 | 7,909,000 | 8,146,000 | 8,151,000 | 8,219,000 | 8,690,000 | 8,954,000 | 8,870,000 | 8,741,000 | 8,219,000 | 7,957,000 | 7,588,000 | 7,194,000 | 7,682,000 | 7,951,000 | 7,570,000 | 7,334,000 | 6,971,000 | 6,884,000 | 7,336,000 |
| Total stockholders’ equity | US$ in thousands | 212,000 | 435,000 | 123,000 | 230,000 | 609,000 | -9,000 | -64,000 | -6,000 | 401,000 | 622,000 | 168,000 | 321,000 | 609,000 | 591,000 | 464,000 | 262,000 | 743,000 | 653,000 | 268,000 | -113,000 |
| Debt-to-equity ratio | 34.38 | 18.18 | 66.23 | 35.44 | 13.50 | — | — | — | 21.80 | 13.21 | 47.36 | 23.64 | 11.81 | 13.00 | 17.14 | 28.89 | 9.87 | 10.68 | 25.69 | — |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $7,289,000K ÷ $212,000K
= 34.38
The debt-to-equity ratio of Colgate-Palmolive Company has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The ratio started at an unreported level in March 2020 and then increased to 25.69 by June 2020, indicating a higher proportion of debt relative to equity at that time. Subsequently, there was a decreasing trend in the ratio, reaching 9.87 by December 2020, signifying a reduction in the company's reliance on debt financing.
However, the ratio increased again to 28.89 by March 2021, signaling a significant rise in debt relative to equity. This was followed by fluctuations over the next quarters, with the ratio reaching a peak of 66.23 by June 30, 2024, indicating a substantial increase in the utilization of debt financing during that period.
Overall, the debt-to-equity ratio of Colgate-Palmolive Company has displayed variability, suggesting shifts in the company's capital structure and financial leverage over the analyzed period. Investors and stakeholders may monitor these fluctuations to assess the company's risk profile and financial stability.
Peer comparison
Dec 31, 2024