Clorox Balance Sheet Health
Financial Health criteria checks 2/6
Clorox has a total shareholder equity of $218.0M and total debt of $2.7B, which brings its debt-to-equity ratio to 1250.5%. Its total assets and total liabilities are $5.9B and $5.7B respectively. Clorox's EBIT is $852.0M making its interest coverage ratio 13.3. It has cash and short-term investments of $355.0M.
Key information
1,250.5%
Debt to equity ratio
US$2.73b
Debt
| Interest coverage ratio | 13.3x |
| Cash | US$355.00m |
| Equity | US$218.00m |
| Total liabilities | US$5.69b |
| Total assets | US$5.91b |
Recent financial health updates
Is Clorox (NYSE:CLX) Using Too Much Debt?
Feb 09
Clorox (NYSE:CLX) Seems To Use Debt Quite Sensibly
Oct 16Clorox (NYSE:CLX) Has A Pretty Healthy Balance Sheet
Jul 15Clorox (NYSE:CLX) Has A Pretty Healthy Balance Sheet
Apr 07Clorox (NYSE:CLX) Has A Pretty Healthy Balance Sheet
Jan 05Here's Why Clorox (NYSE:CLX) Can Manage Its Debt Responsibly
Sep 28Recent updates
Colgate-Palmolive: Improved Financials To Navigate Headwinds (Rating Upgrade)
Apr 21Is There An Opportunity With The Clorox Company's (NYSE:CLX) 31% Undervaluation?
Apr 10Is Clorox (NYSE:CLX) Using Too Much Debt?
Feb 09Clorox: Relatively Overvalued And Headwinds Put Dividend At Risk
Feb 08The Clorox Company's (NYSE:CLX) Popularity With Investors Is Under Threat From Overpricing
Jan 25Is The Clorox Company (NYSE:CLX) Trading At A 27% Discount?
Jan 07Clorox: Not Wiped Out By Cyber Attack, Earnings And Revenue Need Cleaning Up
Jan 03Be Wary Of Clorox (NYSE:CLX) And Its Returns On Capital
Dec 18Clorox: One Of The Best Household Product Portfolios
Dec 01The Clorox Company's (NYSE:CLX) CEO Might Not Expect Shareholders To Be So Generous This Year
Nov 09Clorox: Undervalued But Too Many Red Flags
Oct 28Clorox (NYSE:CLX) Seems To Use Debt Quite Sensibly
Oct 16Clorox: Cyberattack Compounds Existing Challenges
Oct 10Clorox's (NYSE:CLX) Shareholders Will Receive A Bigger Dividend Than Last Year
Oct 01Clorox: Still Struggling
Sep 25Are Investors Undervaluing The Clorox Company (NYSE:CLX) By 35%?
Sep 21Returns On Capital Signal Difficult Times Ahead For Clorox (NYSE:CLX)
Sep 03The Clorox Company: The Necessary Clean-Up Has Only Begun
Aug 30Despite Earnings Rally, Expectations On Clorox Are Low
Aug 15Clorox's (NYSE:CLX) Upcoming Dividend Will Be Larger Than Last Year's
Jul 31Clorox: Stable Growth Prospects But Pricey
Jul 20Clorox (NYSE:CLX) Has A Pretty Healthy Balance Sheet
Jul 15Keeping My Portfolio Clean By Avoiding Clorox
Jul 06Colgate-Palmolive: Stagnation And Debt-Fueled Dividends
Jun 01Here's What's Concerning About Clorox's (NYSE:CLX) Returns On Capital
May 31Estimating The Fair Value Of The Clorox Company (NYSE:CLX)
Apr 25Clorox (NYSE:CLX) Has A Pretty Healthy Balance Sheet
Apr 07Clorox: Finally Emerging From The Pandemic Shadows
Feb 21Clorox declares $1.18 dividend
Feb 15The Clorox Company: Dividend Income Seekers Avoid Buying
Feb 09Be Wary Of Clorox (NYSE:CLX) And Its Returns On Capital
Feb 05Estimating The Intrinsic Value Of The Clorox Company (NYSE:CLX)
Jan 20Clorox (NYSE:CLX) Has A Pretty Healthy Balance Sheet
Jan 05The Clorox Company: High Valuations And Near-Term Headwinds Keep Me On The Sidelines
Dec 27Clorox declares $1.18 dividend
Nov 16Clorox: Big Downside Ahead, Dividend Cut Likely In The Next 12 Months
Nov 02Clorox (NYSE:CLX) Is Reinvesting At Lower Rates Of Return
Oct 26An Intrinsic Calculation For The Clorox Company (NYSE:CLX) Suggests It's 41% Undervalued
Oct 12Clorox: The Steady Staple
Sep 29Here's Why Clorox (NYSE:CLX) Can Manage Its Debt Responsibly
Sep 28Clorox declares $1.18 dividend
Sep 21Clorox: Party Is Over - Nothing Exciting To See Here
Aug 10Clorox Non-GAAP EPS of $0.93 in-line, revenue of $1.8B misses by $60M
Aug 03Clorox (NYSE:CLX) Is Paying Out A Larger Dividend Than Last Year
Jul 20Clorox gains on speculation on possible activist investor
Jul 19Financial Position Analysis
Short Term Liabilities: CLX's short term assets ($1.8B) do not cover its short term liabilities ($2.0B).
Long Term Liabilities: CLX's short term assets ($1.8B) do not cover its long term liabilities ($3.7B).
Debt to Equity History and Analysis
Debt Level: CLX's net debt to equity ratio (1087.6%) is considered high.
Reducing Debt: CLX's debt to equity ratio has increased from 339.6% to 1250.5% over the past 5 years.
Debt Coverage: CLX's debt is well covered by operating cash flow (34.6%).
Interest Coverage: CLX's interest payments on its debt are well covered by EBIT (13.3x coverage).