Colgate-Palmolive Company

BRSE:CL Stock Report

Market Cap: CHF 66.2b

Colgate-Palmolive Balance Sheet Health

Financial Health criteria checks 4/6

Colgate-Palmolive has a total shareholder equity of $836.0M and total debt of $8.4B, which brings its debt-to-equity ratio to 1009.1%. Its total assets and total liabilities are $16.8B and $15.9B respectively. Colgate-Palmolive's EBIT is $4.3B making its interest coverage ratio 18.1. It has cash and short-term investments of $1.5B.

Key information

1,009.1%

Debt to equity ratio

US$8.44b

Debt

Interest coverage ratio18.1x
CashUS$1.49b
EquityUS$836.00m
Total liabilitiesUS$15.94b
Total assetsUS$16.77b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: CL's short term assets ($5.8B) exceed its short term liabilities ($5.6B).

Long Term Liabilities: CL's short term assets ($5.8B) do not cover its long term liabilities ($10.4B).


Debt to Equity History and Analysis

Debt Level: CL's net debt to equity ratio (830.4%) is considered high.

Reducing Debt: CL's debt to equity ratio has reduced from 4684.5% to 1009.1% over the past 5 years.

Debt Coverage: CL's debt is well covered by operating cash flow (47.1%).

Interest Coverage: CL's interest payments on its debt are well covered by EBIT (18.1x coverage).


Balance Sheet


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