Coca-Cola Consolidated Balance Sheet Health
Financial Health criteria checks 6/6
Coca-Cola Consolidated has a total shareholder equity of $1.2B and total debt of $1.8B, which brings its debt-to-equity ratio to 149.4%. Its total assets and total liabilities are $5.7B and $4.5B respectively. Coca-Cola Consolidated's EBIT is $864.3M making its interest coverage ratio -90.6. It has cash and short-term investments of $1.9B.
Key information
149.4%
Debt to equity ratio
US$1.79b
Debt
Interest coverage ratio | -90.6x |
Cash | US$1.90b |
Equity | US$1.20b |
Total liabilities | US$4.46b |
Total assets | US$5.66b |
Recent financial health updates
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 02We Think Coca-Cola Consolidated (NASDAQ:COKE) Can Manage Its Debt With Ease
Jul 19Is Coca-Cola Consolidated (NASDAQ:COKE) Using Too Much Debt?
Apr 10Coca-Cola Consolidated (NASDAQ:COKE) Seems To Use Debt Quite Sensibly
Jul 31Does Coca-Cola Consolidated (NASDAQ:COKE) Have A Healthy Balance Sheet?
Apr 25Recent updates
Here'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 (NASDAQ:COKE) Is Achieving High Returns On Its Capital
Nov 28If EPS Growth Is Important To You, Coca-Cola Consolidated (NASDAQ:COKE) Presents An Opportunity
Oct 05Investors Should Be Encouraged By Coca-Cola Consolidated's (NASDAQ:COKE) Returns On Capital
Aug 19We Think Coca-Cola Consolidated (NASDAQ:COKE) Can Manage Its Debt With Ease
Jul 19Here's Why We Think Coca-Cola Consolidated (NASDAQ:COKE) Is Well Worth Watching
Jul 02Estimating The Fair Value Of Coca-Cola Consolidated, Inc. (NASDAQ:COKE)
Jun 04Coca-Cola Consolidated (NASDAQ:COKE) Knows How To Allocate Capital Effectively
May 08Is Coca-Cola Consolidated (NASDAQ:COKE) Using Too Much Debt?
Apr 10Is Now The Time To Put Coca-Cola Consolidated (NASDAQ:COKE) On Your Watchlist?
Mar 22A Look At The Intrinsic Value Of Coca-Cola Consolidated, Inc. (NASDAQ:COKE)
Feb 21Returns On Capital Are A Standout For Coca-Cola Consolidated (NASDAQ:COKE)
Jan 25Here's Why We Think Coca-Cola Consolidated (NASDAQ:COKE) Is Well Worth Watching
Dec 14Estimating The Intrinsic Value Of Coca-Cola Consolidated, Inc. (NASDAQ:COKE)
Nov 18Coca-Cola Consolidated (NASDAQ:COKE) Is Looking To Continue Growing Its Returns On Capital
Oct 27Coca-Cola Consolidated, Inc. declares $0.25 dividend
Oct 13Here's Why Coca-Cola Consolidated (NASDAQ:COKE) Has Caught The Eye Of Investors
Sep 12Calculating The Fair Value Of Coca-Cola Consolidated, Inc. (NASDAQ:COKE)
Aug 16Coca-Cola Consolidated: A Better Investment Down 10%
Aug 11Coca-Cola Consolidated (NASDAQ:COKE) Seems To Use Debt Quite Sensibly
Jul 31Coca-Cola Consolidated (NASDAQ:COKE) Might Have The Makings Of A Multi-Bagger
Jul 17Coca-Cola Consolidated declares $0.25 dividend
Jul 15Is There Now An Opportunity In Coca-Cola Consolidated, Inc. (NASDAQ:COKE)?
Jun 06Coca-Cola Consolidated: Why A Bottler Might Be A Good Choice
May 26If You Like EPS Growth Then Check Out Coca-Cola Consolidated (NASDAQ:COKE) Before It's Too Late
May 09Does Coca-Cola Consolidated (NASDAQ:COKE) Have A Healthy Balance Sheet?
Apr 25Investors Will Want Coca-Cola Consolidated's (NASDAQ:COKE) Growth In ROCE To Persist
Apr 11Coca-Cola Consolidated: The Post-Earnings Drop Is An Opportunity
Feb 24Financial Position Analysis
Short Term Liabilities: COKE's short term assets ($3.0B) exceed its short term liabilities ($1.5B).
Long Term Liabilities: COKE's short term assets ($3.0B) exceed its long term liabilities ($2.9B).
Debt to Equity History and Analysis
Debt Level: COKE has more cash than its total debt.
Reducing Debt: COKE's debt to equity ratio has reduced from 233.9% to 149.4% over the past 5 years.
Debt Coverage: COKE's debt is well covered by operating cash flow (48.4%).
Interest Coverage: COKE earns more interest than it pays, so coverage of interest payments is not a concern.