Clorox Co (Clorox Co) Interest Expense

: $-92 Mil (TTM As of Dec. 2023)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Clorox Co's interest expense for the three months ended in Dec. 2023 was $ -26 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-92 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. Clorox Co's Operating Income for the three months ended in Dec. 2023 was $ 326 Mil. Clorox Co's Interest Expense for the three months ended in Dec. 2023 was $ -26 Mil. Clorox Co's Interest Coverage for the quarter that ended in Dec. 2023 was 12.54. 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.

Clorox Co Interest Expense Historical Data

The historical data trend for Clorox 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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Clorox Co Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

-97.00

-99.00

-106.00

-90.00

Clorox Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense																-23.00	-24.00	-21.00	-21.00	-26.00

Clorox 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-92 Mil.

Clorox Co (NYSE:CLX) 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.

Clorox Co's Interest Expense for the three months ended in Dec. 2023 was $-26 Mil. Its Operating Income for the three months ended in Dec. 2023 was $326 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $2,790 Mil.

Clorox Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	326	/	-26
	=	12.54

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

Clorox Co (Clorox Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Clorox Co (NYSE:CLX) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

CLX:Mexico 1CLX:Italy CXX:Germany CXX:Germany

Address

1221 Broadway, Oakland, CA, USA, 94612-1888

Website

https://www.thecloroxcompany.com

Since its inception more than 100 years ago, Clorox has grown to play in a variety of categories across the consumer products space, including cleaning supplies, laundry care, trash bags, cat litter, charcoal, food dressings, water-filtration products, and natural personal-care products. Beyond its namesake brand, the firm's portfolio includes Liquid-Plumr, Pine-Sol, S.O.S, Tilex, Kingsford, Fresh Step, Glad, Hidden Valley, KC Masterpiece, Brita, and Burt's Bees. Just shy of 85% of Clorox's sales stem from its home turf.

Executives

Kevin B Jacobsen	officer: SVP - Chief Financial Officer	1221 BROADWAY, OAKLAND CA 94612
Shanique Bonelli-moore	officer: VP - Chief Diversity & Soc Imp	1221 BROADWAY, OAKLAND CA 94612
Mackay A D David	director
Michael M Ott	officer: SVP - Chief Research & Dev Off	1221 BROADWAY, OAKLAND CA 94612
Stephanie Plaines	director	200 E. RANDOLPH DRIVE, CHICAGO IL 60601
Julia Charter	director	1221 BROADWAY, OAKLAND CA 94612
Eric H Reynolds	officer: SVP-Chief Marketing Officer	1221 BROADWAY, OAKLAND CA 94612
Rebecca Dunphey	officer: SVP & GM - Specialty Division	1221 BROADWAY, OAKLAND CA 94612
Eric Sean Schwartz	officer: SVP - Chief Marketing Officer	1221 BROADWAY, OAKLAND CA 94612
Diego J Barral	officer: SVP - GM, International	1221 BROADWAY, OAKLAND CA 94612
Matthew Gregory	officer: SVP - Chief Customer Officer	1221 BROADWAY, OAKLAND CA 94612
Chris T Hyder	officer: SVP, Cleaning & Prof Prod Div	1221 BROADWAY, OAKLAND CA 94612
Laurene E Peck	officer: VP - CAO & Corp Controller	1221 BROADWAY, OAKLAND CA 94612
Angela C Hilt	officer: SVP - Chief Legal Officer	1221 BROADWAY, OAKLAND CA 94612
Richard T Mcdonald	officer: SVP - Chief Product Supply Off	1221 BROADWAY, OAKLAND CA 94612