Kimberly-Clark Corporation (KMB)
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 | 7,440,000 | 7,447,000 | 7,955,000 | 7,963,000 | 7,982,000 | 8,053,000 | 8,068,000 | 8,415,000 | 8,049,000 | 7,988,000 | 8,061,000 | 8,115,000 | 8,456,000 | 7,870,000 | 7,904,000 | 7,859,000 | 8,141,000 | 8,108,000 | 7,980,000 | 7,967,000 |
| Total stockholders’ equity | US$ in thousands | 840,000 | 1,285,000 | 1,136,000 | 1,044,000 | 915,000 | 680,000 | 500,000 | 719,000 | 547,000 | 437,000 | 593,000 | 705,000 | 514,000 | 707,000 | 758,000 | 746,000 | 626,000 | 577,000 | 495,000 | 46,000 |
| Debt-to-equity ratio | 8.86 | 5.80 | 7.00 | 7.63 | 8.72 | 11.84 | 16.14 | 11.70 | 14.71 | 18.28 | 13.59 | 11.51 | 16.45 | 11.13 | 10.43 | 10.53 | 13.00 | 14.05 | 16.12 | 173.20 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $7,440,000K ÷ $840,000K
= 8.86
The debt-to-equity ratio of Kimberly-Clark Corporation has shown a downward trend from March 31, 2020, to December 31, 2024. The ratio decreased significantly from 173.20 on March 31, 2020, to 7.63 on March 31, 2024. This indicates that the company has been reducing its reliance on debt financing relative to equity over the period, potentially improving its financial health and stability. However, there was a slight increase in the ratio from September 30, 2024, to December 31, 2024, which may warrant further monitoring to assess whether it signals a shift in the company's capital structure strategy. Overall, the decreasing trend in the debt-to-equity ratio suggests that Kimberly-Clark Corporation has been effectively managing its debt levels in relation to its equity position over the analyzed period.
Peer comparison
Dec 31, 2024