Coca-Cola Balance Sheet Health
Financial Health criteria checks 4/6
Coca-Cola has a total shareholder equity of $27.9B and total debt of $42.6B, which brings its debt-to-equity ratio to 152.3%. Its total assets and total liabilities are $99.4B and $71.4B respectively. Coca-Cola's EBIT is $13.5B making its interest coverage ratio 39.4. It has cash and short-term investments of $16.9B.
Key information
152.3%
Debt to equity ratio
US$42.55b
Debt
Interest coverage ratio | 39.4x |
Cash | US$16.92b |
Equity | US$27.95b |
Total liabilities | US$71.45b |
Total assets | US$99.39b |
Recent financial health updates
Does Coca-Cola (NYSE:KO) Have A Healthy Balance Sheet?
Mar 30Is Coca-Cola (NYSE:KO) A Risky Investment?
Nov 11Recent updates
Coca-Cola Reports Tuesday Morning Before The Open - Earnings Preview
Apr 30It's Unlikely That The Coca-Cola Company's (NYSE:KO) CEO Will See A Huge Pay Rise This Year
Apr 26Coca-Cola: I Expect Market-Beating Returns
Apr 22Coca-Cola Dividend Valuation: 2014 Vs. 2024 (Dividend Aristocrat)
Apr 14Risks To Shareholder Returns Are Elevated At These Prices For The Coca-Cola Company (NYSE:KO)
Apr 11Does Coca-Cola (NYSE:KO) Have A Healthy Balance Sheet?
Mar 30Coca-Cola: Accelerating Dividend Growth Makes This Dividend King A Buy
Mar 17Coca-Cola (NYSE:KO) Is Increasing Its Dividend To $0.485
Feb 20Here's What Analysts Are Forecasting For The Coca-Cola Company (NYSE:KO) After Its Annual Results
Feb 16Earnings Preview: Coca-Cola - Another Stagnating Brand?
Feb 12Coca-Cola: A Dominant Force With High Upside
Feb 06Investors Met With Slowing Returns on Capital At Coca-Cola (NYSE:KO)
Jan 24Here's Why We Think Coca-Cola (NYSE:KO) Might Deserve Your Attention Today
Jan 12Why Coca-Cola Could Go From Significant Underperformance To +10% Annual Returns
Jan 05The Coca-Cola Company's (NYSE:KO) Intrinsic Value Is Potentially 40% Above Its Share Price
Dec 31Coca-Cola: Not The Time To Buy Yet
Dec 26Subdued Growth No Barrier To The Coca-Cola Company's (NYSE:KO) Price
Dec 19Coca-Cola: Digitalization And Category Innovation Drive Growth And Margin Expansion
Dec 05The Coca-Cola Company: A Global Powerhouse (Rating Upgrade)
Nov 27Coca-Cola: A Dividend King That Conservative Investors Should Buy
Nov 14Is Coca-Cola (NYSE:KO) A Risky Investment?
Nov 11Coca-Cola's Q3: Impressive Results, Don't Worry About Ozempic
Oct 28Coca-Cola: An Excellent Firm, But Is There Value Present In Shares?
Oct 19Coke: It's The Best Time In 3 Years To Buy Buffett's Favorite Aristocrat
Oct 12Coca-Cola Stock: There Is Madness And Then There Is This (Rating Upgrade)
Oct 06Coca-Cola (NYSE:KO) Has Some Way To Go To Become A Multi-Bagger
Oct 05Coca-Cola: Consider This Dividend Stabilizer For Your Portfolio
Sep 26Is The Coca-Cola Company (NYSE:KO) Trading At A 22% Discount?
Sep 22Coca-Cola Dividends: Reasons To Buy Vs. Reasons To Avoid
Sep 17Coca-Cola Stock - Reviewing Its Dividend Credentials
Aug 16Financial Position Analysis
Short Term Liabilities: KO's short term assets ($29.5B) exceed its short term liabilities ($28.4B).
Long Term Liabilities: KO's short term assets ($29.5B) do not cover its long term liabilities ($43.1B).
Debt to Equity History and Analysis
Debt Level: KO's net debt to equity ratio (91.7%) is considered high.
Reducing Debt: KO's debt to equity ratio has reduced from 223.7% to 152.3% over the past 5 years.
Debt Coverage: KO's debt is well covered by operating cash flow (28.1%).
Interest Coverage: KO's interest payments on its debt are well covered by EBIT (39.4x coverage).