The Clorox Company (CLX)
Debt-to-equity ratio
| Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 321,000 | 27,000 | -41,000 | 60,000 | 328,000 | 91,000 | 53,000 | -37,000 | 220,000 | 3,000 | 321,000 | 326,000 | 556,000 | 400,000 | 313,000 | 368,000 | 411,000 | 743,000 | 1,184,000 | 1,115,000 |
| Debt-to-equity ratio | 0.00 | 0.00 | — | 0.00 | 0.00 | 0.00 | 0.00 | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
June 30, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $321,000K
= 0.00
The analysis of The Clorox Company's debt-to-equity ratio, based on the provided data, indicates a consistent and complete absence of leverage across the reporting periods from September 30, 2020, through June 30, 2025. At all recorded points—namely September 30, 2020; December 31, 2020; March 31, 2021; June 30, 2021; September 30, 2021; December 31, 2021; March 31, 2022; June 30, 2022; September 30, 2022; December 31, 2022; March 31, 2023; June 30, 2023; and beyond—the debt-to-equity ratio remains at zero. Notably, data for September 30, 2023, and December 31, 2024, are marked with an em dash, indicating either missing or unavailable data, but the ratio remains at zero where recorded.
This persistent zero ratio implies that The Clorox Company has not utilized debt financing and relies entirely on equity capital to fund its operations during these periods. Such a capital structure signifies a conservative financial approach, with no reported leverage or debt obligations impacting the company's financial leverage profile. This stance could reflect strategic decisions to maintain financial stability, reduce risk exposure, or a consistent positive liquidity position that negates the need for borrowing. Overall, the company's capital structure during this timeframe is characterized by the absence of debt, emphasizing a fully equity-financed model.