Colgate-Palmolive Financial Health
How is Colgate-Palmolive's financial position?
[object Object] Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: CL's short term assets ($5.3B) exceed its short term liabilities ($4.5B).
Long Term Liabilities: CL's short term assets ($5.3B) do not cover its long term liabilities ($10.7B).
Debt to Equity History and Analysis
Debt Level: CL's net debt to equity ratio (674.5%) is considered high.
Reducing Debt: CL's debt to equity ratio has reduced from 2447.9% to 783.4% over the past 5 years.
Debt Coverage: CL's debt is well covered by operating cash flow (36.2%).
Interest Coverage: CL's interest payments on its debt are well covered by EBIT (18.4x coverage).