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Colgate-Palmolive Co (Colgate-Palmolive Co) Liabilities-to-Assets : 0.94 (As of Dec. 2023)


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What is Colgate-Palmolive Co Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Colgate-Palmolive Co's Total Liabilities for the quarter that ended in Dec. 2023 was $15,436 Mil. Colgate-Palmolive Co's Total Assets for the quarter that ended in Dec. 2023 was $16,393 Mil. Therefore, Colgate-Palmolive Co's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.94.


Colgate-Palmolive Co Liabilities-to-Assets Historical Data

The historical data trend for Colgate-Palmolive Co's Liabilities-to-Assets 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 Liabilities-to-Assets Chart

Colgate-Palmolive Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 0.93 0.94 0.95 0.94

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
Liabilities-to-Assets Get a 7-Day Free Trial 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 0.95 0.97 0.98 0.98 0.94

Competitive Comparison of Colgate-Palmolive Co's Liabilities-to-Assets

For the Household & Personal Products subindustry, Colgate-Palmolive Co's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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's Liabilities-to-Assets Distribution in the Consumer Packaged Goods Industry

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

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



Colgate-Palmolive Co Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

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

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=15436/16393
=0.94

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

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=15436/16393
=0.94

* 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) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Colgate-Palmolive Co Liabilities-to-Assets Related Terms

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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