Coca-Cola Balance Sheet Health
Financial Health criteria checks 3/6
Coca-Cola has a total shareholder equity of $28.2B and total debt of $47.1B, which brings its debt-to-equity ratio to 167.4%. Its total assets and total liabilities are $106.3B and $78.1B respectively. Coca-Cola's EBIT is $13.8B making its interest coverage ratio 34.1. It has cash and short-term investments of $18.2B.
Key information
167.4%
Debt to equity ratio
US$47.12b
Debt
| Interest coverage ratio | 34.1x |
| Cash | US$18.16b |
| Equity | US$28.15b |
| Total liabilities | US$78.11b |
| Total assets | US$106.27b |
Recent financial health updates
Recent updates
The Cola-Cola Company: Powering Past Pepsi Thanks To Gen Z
Nov 04Coca-Cola's (NYSE:KO) Soft Earnings Are Actually Better Than They Appear
Nov 01
The Coca-Cola Company: Getting A Taste Test Before Earnings
Oct 20The Coca-Cola Company: Not So Tasty For Your Portfolio
Sep 27Coca-Cola (NYSE:KO) Eyes Growth with OREO Partnership Amid Market Challenges
Sep 16The Coca-Cola Company: The Fundamentals Do Not Support The Current Share Price
Aug 26Unpleasant Surprises Could Be In Store For The Coca-Cola Company's (NYSE:KO) Shares
Aug 11Coca-Cola: Waiting For A Better Entry Point (Rating Downgrade)
Jul 25Here's What To Make Of Coca-Cola's (NYSE:KO) Decelerating Rates Of Return
Jul 15The Dividend Dynamo: How Coca-Cola Delivers Both Growth And Your Next Paycheck
Jul 01Coca-Cola: 30%+ Upside If Dollar Gains Revert In 2024/2025
Jun 07Here's Why Coca-Cola (NYSE:KO) Has Caught The Eye Of Investors
Jun 03Coca-Cola: Buy This Dividend Grower On Sale Now
May 30The Coca-Cola Company (NYSE:KO) Shares Could Be 22% Below Their Intrinsic Value Estimate
May 22Earnings Beat: The Coca-Cola Company Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
May 04Coca-Cola Reports Tuesday Morning Before The Open - Earnings Preview
Apr 30It's Unlikely That The Coca-Cola Company's (NYSE:KO) CEO Will See A Huge Pay Rise This Year
Apr 26Coca-Cola: I Expect Market-Beating Returns
Apr 22Coca-Cola Dividend Valuation: 2014 Vs. 2024 (Dividend Aristocrat)
Apr 14Risks To Shareholder Returns Are Elevated At These Prices For The Coca-Cola Company (NYSE:KO)
Apr 11Does Coca-Cola (NYSE:KO) Have A Healthy Balance Sheet?
Mar 30Financial Position Analysis
Short Term Liabilities: KO's short term assets ($30.3B) exceed its short term liabilities ($28.6B).
Long Term Liabilities: KO's short term assets ($30.3B) do not cover its long term liabilities ($49.5B).
Debt to Equity History and Analysis
Debt Level: KO's net debt to equity ratio (102.8%) is considered high.
Reducing Debt: KO's debt to equity ratio has reduced from 205.4% to 167.4% over the past 5 years.
Debt Coverage: KO's debt is not well covered by operating cash flow (11.7%).
Interest Coverage: KO's interest payments on its debt are well covered by EBIT (34.1x coverage).