Coca-Cola Consolidated Balance Sheet Health
Financial Health criteria checks 5/6
Coca-Cola Consolidated has a total shareholder equity of $1.4B and total debt of $599.2M, which brings its debt-to-equity ratio to 41.7%. Its total assets and total liabilities are $4.3B and $2.9B respectively. Coca-Cola Consolidated's EBIT is $829.5M making its interest coverage ratio -903.6. It has cash and short-term investments of $635.3M.
Key information
41.7%
Debt to equity ratio
US$599.16m
Debt
Interest coverage ratio | -903.6x |
Cash | US$635.27m |
Equity | US$1.44b |
Total liabilities | US$2.85b |
Total assets | US$4.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CC5's short term assets ($1.7B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: CC5's short term assets ($1.7B) do not cover its long term liabilities ($1.8B).
Debt to Equity History and Analysis
Debt Level: CC5 has more cash than its total debt.
Reducing Debt: CC5's debt to equity ratio has reduced from 242.7% to 41.7% over the past 5 years.
Debt Coverage: CC5's debt is well covered by operating cash flow (135.3%).
Interest Coverage: CC5 earns more interest than it pays, so coverage of interest payments is not a concern.