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Colgate-Palmolive Co (MEX:CL) Interest Expense : MXN-4,217 Mil (TTM As of Sep. 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 Sep. 2024 was MXN -1,103 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was MXN-4,217 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 Sep. 2024 was MXN 20,970 Mil. Colgate-Palmolive Co's Interest Expense for the three months ended in Sep. 2024 was MXN -1,103 Mil. Colgate-Palmolive Co's Interest Coverage for the quarter that ended in Sep. 2024 was 19.02. 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.

* Premium members only.

Colgate-Palmolive Co Interest Expense Chart

Colgate-Palmolive Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3,621.12 -3,640.24 -2,400.14 -3,255.83 -4,871.61

Colgate-Palmolive Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Interest Expense 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 -1,010.30 -1,052.40 -962.58 -1,099.21 -1,102.66

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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-4,217 Mil.

* 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  (MEX:CL) Interest Expense Explanation

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. The higher, the better.

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 Sep. 2024 was MXN-1,103 Mil. Its Operating Income for the three months ended in Sep. 2024 was MXN20,970 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was MXN155,731 Mil.

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

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*20970.17/-1102.657
=19.02

* 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.

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

Colgate-Palmolive Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Colgate-Palmolive Co (MEX:CL) » Definitions » Interest Expense
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KVUE KMB CHD EL CLX ELF COTY HIMS IPAR NWL PG XPAR:OR LSE:ULVR BOM:500696 LSE:RKT XTER:HEN3 XTER:BEI OSTO:ESSITY B TSE:4452 TSE:8113
Traded in Other Exchanges
CL:USA 1CL:Italy CPAd:UK 0P59:UK CPA:Germany CPA:Germany CPA:Germany CPA:Germany COLG34:Brazil COLG:Austria CL:Argentina
Address
300 Park Avenue, New York, NY, USA, 10022
Website
https://www.colgatepalmolive.com
Since its founding in 1806, Colgate-Palmolive has grown to become a leading player in the household and personal care arena. In addition to its namesake oral care line (which accounts for more than 40% of its total sales), the firm manufactures shampoos, shower gels, deodorants, and homecare products that are sold in over 200 countries. International sales account for about 70% of its total business, including approximately 45% from emerging regions. It also owns specialty pet food maker Hill's (around one fifth of sales), which primarily sells its products through veterinarians and specialty pet retailers.