Coca-Cola Içecek Anonim Sirketi Balance Sheet Health
Financial Health criteria checks 5/6
Coca-Cola Içecek Anonim Sirketi has a total shareholder equity of TRY45.0B and total debt of TRY36.4B, which brings its debt-to-equity ratio to 80.9%. Its total assets and total liabilities are TRY110.2B and TRY65.2B respectively. Coca-Cola Içecek Anonim Sirketi's EBIT is TRY14.2B making its interest coverage ratio 4.3. It has cash and short-term investments of TRY22.1B.
Key information
80.9%
Debt to equity ratio
₺36.38b
Debt
Interest coverage ratio | 4.3x |
Cash | ₺22.06b |
Equity | ₺44.95b |
Total liabilities | ₺65.20b |
Total assets | ₺110.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CCOLA's short term assets (TRY48.3B) exceed its short term liabilities (TRY41.5B).
Long Term Liabilities: CCOLA's short term assets (TRY48.3B) exceed its long term liabilities (TRY23.7B).
Debt to Equity History and Analysis
Debt Level: CCOLA's net debt to equity ratio (31.8%) is considered satisfactory.
Reducing Debt: CCOLA's debt to equity ratio has increased from 76.9% to 80.9% over the past 5 years.
Debt Coverage: CCOLA's debt is well covered by operating cash flow (34.5%).
Interest Coverage: CCOLA's interest payments on its debt are well covered by EBIT (4.3x coverage).