Coca-Cola Europacific Partners Balance Sheet Health
Financial Health criteria checks 2/6
Coca-Cola Europacific Partners has a total shareholder equity of €8.0B and total debt of €10.8B, which brings its debt-to-equity ratio to 135.9%. Its total assets and total liabilities are €29.3B and €21.3B respectively. Coca-Cola Europacific Partners's EBIT is €2.4B making its interest coverage ratio 20.6. It has cash and short-term investments of €2.0B.
Key information
135.9%
Debt to equity ratio
€10.84b
Debt
Interest coverage ratio | 20.6x |
Cash | €2.03b |
Equity | €7.98b |
Total liabilities | €21.28b |
Total assets | €29.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CCEP's short term assets (€6.6B) do not cover its short term liabilities (€7.3B).
Long Term Liabilities: CCEP's short term assets (€6.6B) do not cover its long term liabilities (€14.0B).
Debt to Equity History and Analysis
Debt Level: CCEP's net debt to equity ratio (110.4%) is considered high.
Reducing Debt: CCEP's debt to equity ratio has increased from 84.4% to 135.9% over the past 5 years.
Debt Coverage: CCEP's debt is well covered by operating cash flow (25.9%).
Interest Coverage: CCEP's interest payments on its debt are well covered by EBIT (20.6x coverage).