Stock Analysis on Net

Ecolab Inc. (NYSE:ECL)

$22.49

This company has been moved to the archive! The financial data has not been updated since February 25, 2022.

Analysis of Debt

Microsoft Excel

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Total Debt (Carrying Amount)

Ecolab Inc., balance sheet: debt

US$ in thousands

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Short-term debt
Long-term debt, excluding current maturities
Total debt (carrying amount)

Based on: 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).


Short-term debt
The short-term debt exhibited significant fluctuations over the analyzed period. It increased from approximately 564.4 million USD at the end of 2017 to a peak of around 743.6 million USD at the end of 2018, followed by a substantial decline to about 17.3 million USD by the end of 2020. Subsequently, there was a considerable rise again in 2021, reaching roughly 411 million USD. This pattern suggests notable variability in short-term borrowing needs or refinancing strategies.
Long-term debt, excluding current maturities
The long-term debt demonstrated a generally increasing trend with some volatility. It decreased from approximately 6.76 billion USD at the end of 2017 to about 6.0 billion USD by the end of 2019. After this period, there was a marked increase, rising to approximately 6.67 billion USD in 2020 and further climbing substantially to about 8.35 billion USD by the end of 2021. This progression indicates the company's increasing reliance on long-term borrowing as part of its capital structure.
Total debt (carrying amount)
Total debt mirrored the trends observed in both short-term and long-term debt components. It decreased from about 7.32 billion USD at the end of 2017 to roughly 6.35 billion USD by the end of 2019, followed by a gradual increase to around 6.69 billion USD in 2020. The most significant rise occurred in 2021, with total debt reaching approximately 8.76 billion USD. This suggests an overall expansion in debt financing, particularly prominent in the most recent year analyzed.

Total Debt (Fair Value)

Microsoft Excel
Dec 31, 2021
Selected Financial Data (US$ in thousands)
Commercial paper
Notes payable
Long-term debt, including current maturities
Total debt (fair value)
Financial Ratio
Debt, fair value to carrying amount ratio

Based on: 10-K (reporting date: 2021-12-31).


Weighted-average Interest Rate on Debt

Weighted-average effective interest rate on debt:

Interest rate Debt amount1 Interest rate × Debt amount Weighted-average interest rate2
Total

Based on: 10-K (reporting date: 2021-12-31).

1 US$ in thousands

2 Weighted-average interest rate = 100 × ÷ =