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Colgate-Palmolive Co (Colgate-Palmolive Co) Debt-to-Equity

: 14.88 (As of Dec. 2023)
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Colgate-Palmolive Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $425 Mil. Colgate-Palmolive Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $8,639 Mil. Colgate-Palmolive Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $609 Mil. Colgate-Palmolive Co's debt to equity for the quarter that ended in Dec. 2023 was 14.88.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Colgate-Palmolive Co's Debt-to-Equity or its related term are showing as below:

CL' s Debt-to-Equity Range Over the Past 10 Years
Min: -109.62   Med: 8.21   Max: 72.5
Current: 14.88

During the past 13 years, the highest Debt-to-Equity Ratio of Colgate-Palmolive Co was 72.50. The lowest was -109.62. And the median was 8.21.

CL's Debt-to-Equity is ranked worse than
99.27% of 1637 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs CL: 14.88

Colgate-Palmolive Co Debt-to-Equity Historical Data

The historical data trend for Colgate-Palmolive Co's Debt-to-Equity 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.

* Premium members only.

Colgate-Palmolive Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 72.50 11.06 12.86 23.12 14.88

Colgate-Palmolive Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.12 -1,484.50 -140.45 -969.33 14.88

Competitive Comparison

For the Household & Personal Products subindustry, Colgate-Palmolive Co's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Colgate-Palmolive Co Debt-to-Equity Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Colgate-Palmolive Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Colgate-Palmolive Co's Debt-to-Equity falls into.



Colgate-Palmolive Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Colgate-Palmolive Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Colgate-Palmolive Co's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Colgate-Palmolive Co  (NYSE:CL) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Colgate-Palmolive Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Colgate-Palmolive Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Colgate-Palmolive Co (Colgate-Palmolive Co) Business Description

Address
300 Park Avenue, New York, NY, USA, 10022-7499
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.
Executives
Jennifer Daniels officer: CLO and Secretary C/O BARNES & NOBLE, INC., 122 FIFTH AVENUE, NEW YORK NY 10011
Panagiotis Tsourapas officer: Pres., Colgate-Africa/Eurasia C/O COLGATE-PALMOLIVE COMPANY, 300 PARK AVENUE, NEW YORK NY 10022
John T Cahill director LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
John W Kooyman officer: Chief Marketing Officer 300 PARK AVENUE, NEW YORK NY 10022
Lorrie M Norrington director C/O EBAY INC., 2145 HAMILTON AVENUE, SAN JOSE CA 95125
Noel R. Wallace officer: Pres.- Colgate No. America C/O COLGATE-PALMOLIVE COMPANY, 300 PARK AVENUE, NEW YORK NY 10022
Gregory Malcolm officer: Vice President and Controller 300 PARK AVENUE, NEW YORK NY 10022
Sally Massey officer: Chief Human Resources Officer 300 PARK AVENUE, NEW YORK NY 10022
John P Bilbrey director
Prabha Parameswaran officer: Grp Pres, Glbl Innov. & AF/Eus 300 PARK AVENUE, NEW YORK NY 10022
Stephen I Sadove director
C Martin Harris director
Steven A Cahillane director ONE COCA-COLA PLAZA, ATLANTA GA 30313
Philip G. Shotts officer: Vice President and Controller 300 PARK AVENUE, NEW YORK NY 10022
Patricia Verduin officer: Chief Technology Officer ONE CONAGRA DRIVE, OMAHA NE 68102