Colgate-Palmolive Company (CL)

Debt-to-equity ratio

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Long-term debt	US$ in thousands	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	7,333,000	7,646,000	6,640,000	6,655,000
Total stockholders’ equity	US$ in thousands	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	117,000	-324,000	-347,000	-552,000
Debt-to-equity ratio		13.50	—	—	—	21.80	13.21	47.36	23.64	11.81	13.00	17.14	28.89	9.87	10.68	25.69	—	62.68	—	—	—

December 31, 2023 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $8,219,000K ÷ $609,000K
= 13.50

The debt-to-equity ratio of Colgate-Palmolive Co. has fluctuated over the past eight quarters, with the highest ratio recorded in Q2 2022 at 47.54 and the lowest at 13.26 in Q3 2022. The ratio for Q4 2023 stands at 14.04, indicating a moderate level of debt relative to equity. The overall trend suggests variability in the company's capital structure over this period. Investors and stakeholders may need to closely monitor the company's leverage position to assess its financial risk and solvency.