Coca-Cola Consolidated Balance Sheet Health
Financial Health criteria checks 5/6
Coca-Cola Consolidated has a total shareholder equity of $1.3B and total debt of $1.8B, which brings its debt-to-equity ratio to 139%. Its total assets and total liabilities are $5.3B and $4.0B respectively. Coca-Cola Consolidated's EBIT is $875.1M making its interest coverage ratio -150. It has cash and short-term investments of $1.5B.
Key information
139.0%
Debt to equity ratio
US$1.79b
Debt
| Interest coverage ratio | -150x |
| Cash | US$1.45b |
| Equity | US$1.28b |
| Total liabilities | US$3.99b |
| Total assets | US$5.27b |
Recent financial health updates
Coca-Cola Consolidated (NASDAQ:COKE) Seems To Use Debt Quite Sensibly
Oct 07
These 4 Measures Indicate That Coca-Cola Consolidated (NASDAQ:COKE) Is Using Debt Reasonably Well
May 26Coca-Cola Consolidated (NASDAQ:COKE) Seems To Use Debt Rather Sparingly
Feb 02Recent updates
If EPS Growth Is Important To You, Coca-Cola Consolidated (NASDAQ:COKE) Presents An Opportunity
Dec 01The Price Is Right For Coca-Cola Consolidated, Inc. (NASDAQ:COKE)
Oct 22Coca-Cola Consolidated: Popping Growth Like An Ice-Cold Coke
Oct 15Coca-Cola Consolidated (NASDAQ:COKE) Seems To Use Debt Quite Sensibly
Oct 07Under The Bonnet, Coca-Cola Consolidated's (NASDAQ:COKE) Returns Look Impressive
Sep 21Here's Why We Think Coca-Cola Consolidated (NASDAQ:COKE) Is Well Worth Watching
Aug 19Coca-Cola Consolidated: I'm Exiting The Investment
Aug 01Coca-Cola Consolidated, Inc. (NASDAQ:COKE) Not Flying Under The Radar
Jul 01Under The Bonnet, Coca-Cola Consolidated's (NASDAQ:COKE) Returns Look Impressive
Jun 13These 4 Measures Indicate That Coca-Cola Consolidated (NASDAQ:COKE) Is Using Debt Reasonably Well
May 26Coca-Cola Consolidated: I Hope You Bought The Stock (Rating Downgrade)
May 08Coca-Cola Consolidated: Still Trading At A Free Cash Flow Yield Of Almost 8%
Feb 25We Ran A Stock Scan For Earnings Growth And Coca-Cola Consolidated (NASDAQ:COKE) Passed With Ease
Feb 18Coca-Cola Consolidated (NASDAQ:COKE) Seems To Use Debt Rather Sparingly
Feb 02With Coca-Cola Consolidated, Inc. (NASDAQ:COKE) It Looks Like You'll Get What You Pay For
Jan 18Coca-Cola Consolidated, Inc. declares $0.25 dividend
Oct 13Coca-Cola Consolidated: A Better Investment Down 10%
Aug 11Coca-Cola Consolidated declares $0.25 dividend
Jul 15Coca-Cola Consolidated: Why A Bottler Might Be A Good Choice
May 26Financial Position Analysis
Short Term Liabilities: COKE's short term assets ($2.6B) exceed its short term liabilities ($1.0B).
Long Term Liabilities: COKE's short term assets ($2.6B) do not cover its long term liabilities ($2.9B).
Debt to Equity History and Analysis
Debt Level: COKE's net debt to equity ratio (26%) is considered satisfactory.
Reducing Debt: COKE's debt to equity ratio has reduced from 214% to 139% over the past 5 years.
Debt Coverage: COKE's debt is well covered by operating cash flow (48.9%).
Interest Coverage: COKE earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:44 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/27 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Coca-Cola Consolidated, Inc. is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Nico Lambrechts | BofA Global Research |
| Wendy Nicholson | Citigroup Inc |
| Aarti Pathak | Virtua Research Inc. |