Stock Analysis on Net
Stock Analysis on Net

Colgate-Palmolive Co. (NYSE:CL)

$22.49

This company has been moved to the archive! The financial data has not been updated since July 28, 2023.

Debt to Equity
since 2005

Microsoft Excel

Paying user area

Try for free

Colgate-Palmolive Co. pages available for free this week:

The data is hidden behind: . Unhide it.

Get access

This is a one-time payment. There is no automatic renewal.

We accept:

Visa Mastercard American Express Maestro Discover JCB PayPal Google Pay
Visa Secure Mastercard Identity Check American Express SafeKey

Calculation

Colgate-Palmolive Co., debt to equity, long-term trends, calculation

Microsoft Excel
Debt to equity = Total debt1 ÷ Total Colgate-Palmolive Company shareholders’ equity1
Dec 31, 2022 = ÷
Dec 31, 2021 = ÷
Dec 31, 2020 = ÷
Dec 31, 2019 = ÷
Dec 31, 2018 = ÷
Dec 31, 2017 = ÷
Dec 31, 2016 = ÷
Dec 31, 2015 = ÷
Dec 31, 2014 = ÷
Dec 31, 2013 = ÷
Dec 31, 2012 = ÷
Dec 31, 2011 = ÷
Dec 31, 2010 = ÷
Dec 31, 2009 = ÷
Dec 31, 2008 = ÷
Dec 31, 2007 = ÷
Dec 31, 2006 = ÷
Dec 31, 2005 = ÷

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

1 US$ in millions

The analysis of the financial data over the period from 2005 to 2022 reveals several notable trends in the company’s capital structure and financial health.

Total Debt
Total debt exhibited a generally increasing trend throughout the analyzed period. Starting at approximately $3.45 billion in 2005, the debt level experienced steady growth with some fluctuations, reaching $8.77 billion by the end of 2022. Notably, there was a marked increase in debt from around 2014 onwards, indicating a possible shift towards greater leverage or increased borrowing during that timeframe.
Total Shareholders’ Equity
Shareholders’ equity demonstrated considerable volatility during the same period. After an initial rise from about $1.35 billion in 2005 to a peak near $3.12 billion in 2009, equity values fluctuated significantly, including periods of negative equity starting from 2014 through 2018. The lowest points reached were negative figures around 2015-2018, reflecting potential losses, write-downs, or other equity-reducing events. Although equity levels improved somewhat after 2018, they remained relatively low, ending at approximately $0.4 billion in 2022.
Debt to Equity Ratio
The debt to equity ratio followed a generally upward trajectory, reflecting the contrasting movements of debt and equity. Initially fluctuating between 1.0 and 2.6 in the early years, the ratio sharply increased from 2013 onward, correlating with declines and negative values in equity. The ratio surged dramatically, reaching extremely high values such as 67.07 in 2019 and remaining elevated thereafter, indicating a significantly higher reliance on debt financing relative to equity during recent years. This elevated leverage could suggest increased financial risk or aggressive capital structure management.

In summary, the company's capital structure has shifted markedly over the reported years, characterized by rising debt levels and unstable equity, resulting in a substantial increase in leverage ratios. The periods of negative equity combined with high debt to equity ratios highlight potential financial distress or strategic financial decisions impacting the overall balance between debt and equity financing.

Comparison to Competitors

Colgate-Palmolive Co., debt to equity, long-term trends, comparison to competitors

Microsoft Excel
Colgate-Palmolive Co. Procter & Gamble Co.
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Dec 31, 2015
Dec 31, 2014
Dec 31, 2013
Dec 31, 2012
Dec 31, 2011
Dec 31, 2010
Dec 31, 2009
Dec 31, 2008
Dec 31, 2007
Dec 31, 2006
Dec 31, 2005

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

Comparison to Industry (Consumer Staples)

Colgate-Palmolive Co., debt to equity, long-term trends, comparison to industry (consumer staples)

Microsoft Excel
Colgate-Palmolive Co. Consumer Staples
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Dec 31, 2015
Dec 31, 2014
Dec 31, 2013
Dec 31, 2012
Dec 31, 2011
Dec 31, 2010
Dec 31, 2009
Dec 31, 2008
Dec 31, 2007
Dec 31, 2006
Dec 31, 2005

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).