Coca-Cola Balance Sheet Health
Financial Health criteria checks 4/6
Coca-Cola has a total shareholder equity of $27.4B and total debt of $45.1B, which brings its debt-to-equity ratio to 164.4%. Its total assets and total liabilities are $101.2B and $73.8B respectively. Coca-Cola's EBIT is $13.8B making its interest coverage ratio 35.2. It has cash and short-term investments of $19.0B.
Key information
164.4%
Debt to equity ratio
US$45.06b
Debt
| Interest coverage ratio | 35.2x |
| Cash | US$19.00b |
| Equity | US$27.41b |
| Total liabilities | US$73.79b |
| Total assets | US$101.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0QZK's short term assets ($31.6B) exceed its short term liabilities ($29.3B).
Long Term Liabilities: 0QZK's short term assets ($31.6B) do not cover its long term liabilities ($44.5B).
Debt to Equity History and Analysis
Debt Level: 0QZK's net debt to equity ratio (95.1%) is considered high.
Reducing Debt: 0QZK's debt to equity ratio has reduced from 222.2% to 164.4% over the past 5 years.
Debt Coverage: 0QZK's debt is well covered by operating cash flow (24.6%).
Interest Coverage: 0QZK's interest payments on its debt are well covered by EBIT (35.2x coverage).