Clorox Balance Sheet Health
Financial Health criteria checks 2/6
Clorox has a total shareholder equity of $255.0M and total debt of $2.6B, which brings its debt-to-equity ratio to 1016.1%. Its total assets and total liabilities are $5.8B and $5.6B respectively. Clorox's EBIT is $915.0M making its interest coverage ratio 14.8. It has cash and short-term investments of $219.0M.
Key information
1,016.1%
Debt to equity ratio
US$2.59b
Debt
Interest coverage ratio | 14.8x |
Cash | US$219.00m |
Equity | US$255.00m |
Total liabilities | US$5.55b |
Total assets | US$5.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CXX's short term assets ($1.7B) do not cover its short term liabilities ($1.8B).
Long Term Liabilities: CXX's short term assets ($1.7B) do not cover its long term liabilities ($3.7B).
Debt to Equity History and Analysis
Debt Level: CXX's net debt to equity ratio (930.2%) is considered high.
Reducing Debt: CXX's debt to equity ratio has increased from 333.8% to 1016.1% over the past 5 years.
Debt Coverage: CXX's debt is well covered by operating cash flow (30.3%).
Interest Coverage: CXX's interest payments on its debt are well covered by EBIT (14.8x coverage).