Coca-Cola Europacific Partners Balance Sheet Health
Financial Health criteria checks 2/6
Coca-Cola Europacific Partners has a total shareholder equity of €9.0B and total debt of €11.7B, which brings its debt-to-equity ratio to 129.3%. Its total assets and total liabilities are €32.1B and €23.1B respectively. Coca-Cola Europacific Partners's EBIT is €2.4B making its interest coverage ratio 17.2. It has cash and short-term investments of €1.9B.
Key information
129.3%
Debt to equity ratio
€11.65b
Debt
| Interest coverage ratio | 17.2x |
| Cash | €1.88b |
| Equity | €9.01b |
| Total liabilities | €23.09b |
| Total assets | €32.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CCEP's short term assets (€7.5B) do not cover its short term liabilities (€8.9B).
Long Term Liabilities: CCEP's short term assets (€7.5B) do not cover its long term liabilities (€14.2B).
Debt to Equity History and Analysis
Debt Level: CCEP's net debt to equity ratio (108.4%) is considered high.
Reducing Debt: CCEP's debt to equity ratio has increased from 93.5% to 129.3% over the past 5 years.
Debt Coverage: CCEP's debt is well covered by operating cash flow (22.5%).
Interest Coverage: CCEP's interest payments on its debt are well covered by EBIT (17.2x coverage).