Colgate-Palmolive Co (FRA:CPA) Interest Expense : €-218 Mil (TTM As of Mar. 2024)

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What is Colgate-Palmolive Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Colgate-Palmolive Co's interest expense for the three months ended in Mar. 2024 was € -53 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-218 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Colgate-Palmolive Co's Operating Income for the three months ended in Mar. 2024 was € 963 Mil. Colgate-Palmolive Co's Interest Expense for the three months ended in Mar. 2024 was € -53 Mil. Colgate-Palmolive Co's Interest Coverage for the quarter that ended in Mar. 2024 was 18.05. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Colgate-Palmolive Co Interest Expense Historical Data

The historical data trend for Colgate-Palmolive Co's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Colgate-Palmolive Co Interest Expense Chart

Colgate-Palmolive Co Annual Data

Trend

Dec14

Dec15

Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-172.80

-150.43

-103.55

-157.65

-263.18

Colgate-Palmolive Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-50.44	-53.53	-54.35	-56.85	-53.36

Colgate-Palmolive Co Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-218 Mil.

Colgate-Palmolive Co (FRA:CPA) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Colgate-Palmolive Co's Interest Expense for the three months ended in Mar. 2024 was €-53 Mil. Its Operating Income for the three months ended in Mar. 2024 was €963 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €7,499 Mil.

Colgate-Palmolive Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	963.24	/	-53.36
	=	18.05

The higher the ratio, the stronger the company's financial strength is.

Colgate-Palmolive Co (FRA:CPA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Colgate-Palmolive Co (FRA:CPA) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

CL:USA CL:Mexico 1CL:Italy CPA:Germany COLG34:Brazil COLG:Austria CL:Argentina

Address

300 Park Avenue, New York, NY, USA, 10022-7499

Website

https://www.colgatepalmolive.com

Since its founding in 1806, Colgate-Palmolive has grown to become a leading global consumer product company. In addition to its namesake oralcare line, the firm manufactures shampoos, shower gels, deodorants, and homecare products that are sold in over 200 countries. International accounts for about 70% of its total sales base, including approximately 45% from emerging regions. It also owns specialty pet food maker Hill's, which sells its products through veterinarians and specialty pet retailers.