Stock Analysis on Net

Colgate-Palmolive Co. (NYSE:CL)

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

Analysis of Solvency Ratios
Quarterly Data

Microsoft Excel

Solvency ratios also known as long-term debt ratios measure a company ability to meet long-term obligations.


Solvency Ratios (Summary)

Colgate-Palmolive Co., solvency ratios (quarterly data)

Microsoft Excel
Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Debt Ratios
Debt to equity 21.86 13.26 47.54 23.70 11.90 13.02 17.17 29.90 10.23 11.08 27.58 67.07
Debt to capital 1.01 1.00 0.96 0.93 0.98 0.96 0.92 0.93 0.94 0.97 0.91 0.92 0.97 1.01 0.99 1.04 1.06 1.09 1.02 1.07 1.08 1.04
Debt to assets 0.55 0.55 0.56 0.51 0.51 0.48 0.48 0.48 0.50 0.50 0.48 0.47 0.49 0.52 0.52 0.54 0.51 0.52 0.52 0.53 0.54 0.51
Financial leverage 39.23 26.19 93.52 48.98 24.70 26.87 34.48 60.31 21.43 23.68 56.50 128.50

Based on: 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

Solvency ratio Description The company
Debt to capital ratio A solvency ratio calculated as total debt divided by total debt plus shareholders’ equity. Colgate-Palmolive Co. debt to capital ratio deteriorated from Q4 2022 to Q1 2023 and from Q1 2023 to Q2 2023.
Debt to assets ratio A solvency ratio calculated as total debt divided by total assets. Colgate-Palmolive Co. debt to assets ratio improved from Q4 2022 to Q1 2023 but then slightly deteriorated from Q1 2023 to Q2 2023.

Debt to Equity

Colgate-Palmolive Co., debt to equity calculation (quarterly data)

Microsoft Excel
Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Selected Financial Data (US$ in millions)
Notes and loans payable 19 22 11 16 16 7 39 3 5 254 258 9 253 255 260 503 4 5 12 85 346 159
Current portion of long-term debt 16 15 14 13 13 12 12 11 10 9 9 256 255 255 254 2 1 1
Long-term debt, excluding current portion 8,954 8,870 8,741 8,219 7,957 7,588 7,194 7,682 7,951 7,570 7,334 6,971 6,884 7,336 7,333 7,646 6,640 6,655 6,354 6,519 6,519 6,550
Total debt 8,989 8,907 8,766 8,248 7,986 7,607 7,245 7,696 7,966 7,833 7,601 7,236 7,392 7,846 7,847 8,151 6,645 6,661 6,366 6,604 6,865 6,709
 
Total Colgate-Palmolive Company shareholders’ equity (64) (6) 401 622 168 321 609 591 464 262 743 653 268 (113) 117 (324) (347) (552) (102) (430) (523) (249)
Solvency Ratio
Debt to equity1 21.86 13.26 47.54 23.70 11.90 13.02 17.17 29.90 10.23 11.08 27.58 67.07
Benchmarks
Debt to Equity, Competitors2
Procter & Gamble Co. 0.78 0.75 0.68 0.74 0.80 0.71 0.69 0.64 0.65 0.66 0.75 0.79 0.62 0.63 0.64 0.55 0.62 0.60 0.60 0.65 0.70 0.62

Based on: 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

1 Q2 2023 Calculation
Debt to equity = Total debt ÷ Total Colgate-Palmolive Company shareholders’ equity
= 8,989 ÷ -64 =

2 Click competitor name to see calculations.


Debt to Capital

Colgate-Palmolive Co., debt to capital calculation (quarterly data)

Microsoft Excel
Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Selected Financial Data (US$ in millions)
Notes and loans payable 19 22 11 16 16 7 39 3 5 254 258 9 253 255 260 503 4 5 12 85 346 159
Current portion of long-term debt 16 15 14 13 13 12 12 11 10 9 9 256 255 255 254 2 1 1
Long-term debt, excluding current portion 8,954 8,870 8,741 8,219 7,957 7,588 7,194 7,682 7,951 7,570 7,334 6,971 6,884 7,336 7,333 7,646 6,640 6,655 6,354 6,519 6,519 6,550
Total debt 8,989 8,907 8,766 8,248 7,986 7,607 7,245 7,696 7,966 7,833 7,601 7,236 7,392 7,846 7,847 8,151 6,645 6,661 6,366 6,604 6,865 6,709
Total Colgate-Palmolive Company shareholders’ equity (64) (6) 401 622 168 321 609 591 464 262 743 653 268 (113) 117 (324) (347) (552) (102) (430) (523) (249)
Total capital 8,925 8,901 9,167 8,870 8,154 7,928 7,854 8,287 8,430 8,095 8,344 7,889 7,660 7,733 7,964 7,827 6,298 6,109 6,264 6,174 6,342 6,460
Solvency Ratio
Debt to capital1 1.01 1.00 0.96 0.93 0.98 0.96 0.92 0.93 0.94 0.97 0.91 0.92 0.97 1.01 0.99 1.04 1.06 1.09 1.02 1.07 1.08 1.04
Benchmarks
Debt to Capital, Competitors2
Procter & Gamble Co. 0.44 0.43 0.40 0.43 0.44 0.41 0.41 0.39 0.39 0.40 0.43 0.44 0.38 0.39 0.39 0.35 0.38 0.37 0.37 0.39 0.41 0.38

Based on: 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

1 Q2 2023 Calculation
Debt to capital = Total debt ÷ Total capital
= 8,989 ÷ 8,925 = 1.01

2 Click competitor name to see calculations.

Solvency ratio Description The company
Debt to capital ratio A solvency ratio calculated as total debt divided by total debt plus shareholders’ equity. Colgate-Palmolive Co. debt to capital ratio deteriorated from Q4 2022 to Q1 2023 and from Q1 2023 to Q2 2023.

Debt to Assets

Colgate-Palmolive Co., debt to assets calculation (quarterly data)

Microsoft Excel
Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Selected Financial Data (US$ in millions)
Notes and loans payable 19 22 11 16 16 7 39 3 5 254 258 9 253 255 260 503 4 5 12 85 346 159
Current portion of long-term debt 16 15 14 13 13 12 12 11 10 9 9 256 255 255 254 2 1 1
Long-term debt, excluding current portion 8,954 8,870 8,741 8,219 7,957 7,588 7,194 7,682 7,951 7,570 7,334 6,971 6,884 7,336 7,333 7,646 6,640 6,655 6,354 6,519 6,519 6,550
Total debt 8,989 8,907 8,766 8,248 7,986 7,607 7,245 7,696 7,966 7,833 7,601 7,236 7,392 7,846 7,847 8,151 6,645 6,661 6,366 6,604 6,865 6,709
 
Total assets 16,227 16,173 15,731 16,288 15,711 15,723 15,040 15,880 15,999 15,801 15,920 15,466 15,141 15,070 15,034 15,026 13,151 12,883 12,161 12,571 12,650 13,144
Solvency Ratio
Debt to assets1 0.55 0.55 0.56 0.51 0.51 0.48 0.48 0.48 0.50 0.50 0.48 0.47 0.49 0.52 0.52 0.54 0.51 0.52 0.52 0.53 0.54 0.51
Benchmarks
Debt to Assets, Competitors2
Procter & Gamble Co. 0.30 0.28 0.27 0.28 0.29 0.27 0.27 0.26 0.26 0.26 0.29 0.30 0.25 0.26 0.26 0.25 0.27 0.26 0.26 0.28 0.30 0.28

Based on: 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

1 Q2 2023 Calculation
Debt to assets = Total debt ÷ Total assets
= 8,989 ÷ 16,227 = 0.55

2 Click competitor name to see calculations.

Solvency ratio Description The company
Debt to assets ratio A solvency ratio calculated as total debt divided by total assets. Colgate-Palmolive Co. debt to assets ratio improved from Q4 2022 to Q1 2023 but then slightly deteriorated from Q1 2023 to Q2 2023.

Financial Leverage

Colgate-Palmolive Co., financial leverage calculation (quarterly data)

Microsoft Excel
Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Selected Financial Data (US$ in millions)
Total assets 16,227 16,173 15,731 16,288 15,711 15,723 15,040 15,880 15,999 15,801 15,920 15,466 15,141 15,070 15,034 15,026 13,151 12,883 12,161 12,571 12,650 13,144
Total Colgate-Palmolive Company shareholders’ equity (64) (6) 401 622 168 321 609 591 464 262 743 653 268 (113) 117 (324) (347) (552) (102) (430) (523) (249)
Solvency Ratio
Financial leverage1 39.23 26.19 93.52 48.98 24.70 26.87 34.48 60.31 21.43 23.68 56.50 128.50
Benchmarks
Financial Leverage, Competitors2
Procter & Gamble Co. 2.65 2.64 2.52 2.64 2.72 2.60 2.57 2.51 2.49 2.49 2.59 2.60 2.45 2.45 2.44 2.21 2.29 2.27 2.26 2.29 2.34 2.24

Based on: 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

1 Q2 2023 Calculation
Financial leverage = Total assets ÷ Total Colgate-Palmolive Company shareholders’ equity
= 16,227 ÷ -64 =

2 Click competitor name to see calculations.