Colgate-Palmolive Company

CL
Passed

Company Overview

Colgate-Palmolive Co. is engaged in the manufacturing and distribution of consumer products. It operates through the Oral, Personal and Home Care, and Pet Nutrition segments. The Oral, Personal and Home Care segment represents North America, Latin America, Europe, Asia Pacific, and Africa or Eurasia, all of which sell to a variety of retail and wholesale customers and distributors. The Pet Nutrition segment offers pet nutrition products for dogs and cats. The company was founded by William Colgate in 1806 and is headquartered in New York, NY.

Country
US
Market Cap
$65.12B
Last Fiscal Year
2023
Final Shariah Status
Passed
Compliance Analysis Overview

Shariah Compliance Benchmarks:

  • Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
  • Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
Business Compliance
0.08% passed
5% Threshold
0.1%
Liabilities Compliance
13.92% passed
33% Threshold
13.9%
Final Shariah Status
Passed

This stock meets all Shariah compliance criteria according to AAOIFI standards.

Stock Information
Name Colgate-Palmolive Company
Ticker CL
Main Business Household & Personal Products
Type Securities
Industry Household & Personal Products
Country US
Market Cap $65.12 B

Shariah Analysis Breakdown

Business compliance Breakdown
Revenue Segment Value ($M) Non-Compliant ($M) Reason
Oral, Personal and Home Care $14,254.0 $0.0 -
Pet Nutrition $3,713.0 $0.0 -
Interest income $14.0 $14.0 -
Interest capitalized $5.0 $0.0 -
Total $17,986.0 $14.0 0.08% (passed)
Liabilities Compliance Breakdown
Liability Item Value ($M) % of Market Cap
current debt and capital lease obligation $425,000,000.0 0.65%
long term debt and capital lease obligation $8,640,000,000.0 13.27%
Total Interest-Bearing Debt $9,065,000,000.0 13.92%
Market Capitalization $65,123,867,100.0 100.00%
Compliance Status Threshold: 33% passed