Church & Dwight Co (Church & Dwight Co) Interest Coverage

: 8.00 (As of Dec. 2023)

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Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Church & Dwight Co's Operating Income for the three months ended in Dec. 2023 was $216 Mil. Church & Dwight Co's Interest Expense for the three months ended in Dec. 2023 was $-27 Mil. Church & Dwight Co's interest coverage for the quarter that ended in Dec. 2023 was 8.00. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Church & Dwight Co's Interest Coverage or its related term are showing as below:

CHD' s Interest Coverage Range Over the Past 10 Years
Min: 6.67 Med: 15.41 Max: 26.14
Current: 9.53

CHD's Interest Coverage is ranked better than
53.06% of 1374 companies
in the Consumer Packaged Goods industry
Industry Median: 8.325 vs CHD: 9.53

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Church & Dwight Co Interest Coverage Historical Data

The historical data trend for Church & Dwight Co's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Church & Dwight Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

11.42

16.88

19.80

6.67

9.53

Church & Dwight Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Coverage																-	10.14	10.52	9.40	8.00

Competitive Comparison

For the Household & Personal Products subindustry, Church & Dwight Co's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Church & Dwight Co Interest Coverage Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Church & Dwight Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Church & Dwight Co's Interest Coverage falls into.

Church & Dwight Co Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage

-1

Operating Income

Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt ⁽¹⁾.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Church & Dwight Co's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Church & Dwight Co's Interest Expense was $-111 Mil. Its Operating Income was $1,057 Mil. And its Long-Term Debt & Capital Lease Obligation was $2,202 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	1057.4	/	-110.9
	=	9.53

Church & Dwight Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Church & Dwight Co's Interest Expense was $-27 Mil. Its Operating Income was $216 Mil. And its Long-Term Debt & Capital Lease Obligation was $2,202 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	216.1	/	-27
	=	8.00

The higher the ratio, the stronger the company's Financial Strength is.

Church & Dwight Co (NYSE:CHD) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .

Church & Dwight Co Interest Coverage Related Terms

Thank you for viewing the detailed overview of Church & Dwight Co's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.

Church & Dwight Co (Church & Dwight Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Church & Dwight Co Inc (NYSE:CHD) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

CHD:Mexico CXU:Germany

Address

500 Charles Ewing Boulevard, Ewing, NJ, USA, 08628

Website

https://www.churchdwight.com

Church & Dwight is the leading global producer of baking soda. Beyond baking soda, the products in its portfolio have vast category reach, including laundry products, cat litter, oral care, deodorant, and nasal care, all sold under the Arm & Hammer brand. Its mix also includes Xtra, Trojan, OxiClean, First Response, Nair, L'il Critters/Vitafusion, Orajel, and WaterPik, which together with Arm & Hammer constitute more than 80% of its annual sales and profits. In early 2019, the firm announced the addition of Flawless, which manufactures electric shaving products for women. At the end of 2020, the firm acquired Zicam, a leading brand in the cough/cold-shortening category. Church & Dwight derives more than 80% of its sales from its home market in the U.S.

Executives

Michael Read	officer: EVP, International	500 CHARLES EWING BLVD, EWING NJ 08628
Matthew Farrell	officer: Vice President Finance and CFO
Richard A Dierker	officer: E.V.P. Finance & C.F.O.	500 CHARLES EWING BLVD, EWING NJ 08628
Rene Hemsey	officer: E.V.P. HR	500 CHARLES EWING BLVD, EWING NJ 08628
Bradley C Irwin	director	469 NORTH HARRISON STREET, PRINCETON NJ 08543
De Maynadier Patrick D	officer: EVP, Gen. Counsel & Secretary
Carlen Hooker	officer: EVP, Chief Commercial Officer	500 CHARLES EWING BLVD, EWING NJ 08628
Ravichandra Krishnamurty Saligram	director	C/O NEWELL BRANDS INC., 6655 PEACHTREE DUNWOODY ROAD, ATLANTA GA 30328
Paul Richard Wood	officer: EVP, Sales	500 CHARLES EWING BLVD, EWING NJ 08628
Brian D Buchert	officer: EVP of Strategy, M&A, and BP	500 CHARLES EWING BLVD, EWING NJ 08628
Barry A. Bruno	officer: EVP, International	500 CHARLES EWING BLVD, EWING NJ 08628
James Craigie	director, officer: President, Chief Executive Off	500 CHARLES EWING BLVD, EWING NJ 08628
Arthur B Winkleblack	director
Brad Cashaw	director	2711 NORTH HASKELL AVENUE, SUITE 3400, DALLAS TX 75204
Robert K Shearer	director	400 NORTH ELM STREET, GREENSBORO NC 27403