Keurig Dr Pepper Balance Sheet Health
Financial Health criteria checks 2/6
Keurig Dr Pepper has a total shareholder equity of $24.7B and total debt of $15.1B, which brings its debt-to-equity ratio to 61.4%. Its total assets and total liabilities are $52.3B and $27.6B respectively. Keurig Dr Pepper's EBIT is $3.4B making its interest coverage ratio 5.2. It has cash and short-term investments of $317.0M.
Key information
61.4%
Debt to equity ratio
US$15.14b
Debt
Interest coverage ratio | 5.2x |
Cash | US$317.00m |
Equity | US$24.65b |
Total liabilities | US$27.63b |
Total assets | US$52.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DP5's short term assets ($3.6B) do not cover its short term liabilities ($7.0B).
Long Term Liabilities: DP5's short term assets ($3.6B) do not cover its long term liabilities ($20.6B).
Debt to Equity History and Analysis
Debt Level: DP5's net debt to equity ratio (60.1%) is considered high.
Reducing Debt: DP5's debt to equity ratio has reduced from 67.4% to 61.4% over the past 5 years.
Debt Coverage: DP5's debt is not well covered by operating cash flow (8.9%).
Interest Coverage: DP5's interest payments on its debt are well covered by EBIT (5.2x coverage).