Coca-Cola Financial Health
Financial Health criteria checks 4/6
Coca-Cola has a total shareholder equity of $26.9B and total debt of $43.9B, which brings its debt-to-equity ratio to 163.3%. Its total assets and total liabilities are $97.4B and $70.5B respectively. Coca-Cola's EBIT is $12.2B making its interest coverage ratio 33.2. It has cash and short-term investments of $14.3B.
Key information
163.3%
Debt to equity ratio
US$43.87b
Debt
| Interest coverage ratio | 33.2x |
| Cash | US$14.30b |
| Equity | US$26.87b |
| Total liabilities | US$70.54b |
| Total assets | US$97.40b |
Recent financial health updates
Here's Why Coca-Cola (NYSE:KO) Can Manage Its Debt Responsibly
Mar 24
These 4 Measures Indicate That Coca-Cola (NYSE:KO) Is Using Debt Reasonably Well
Dec 18We Think Coca-Cola (NYSE:KO) Can Stay On Top Of Its Debt
Aug 23We Think Coca-Cola (NYSE:KO) Can Stay On Top Of Its Debt
May 09Recent updates
Coca-Cola Appears Vulnerable To A Recession
May 26Coca-Cola's (NYSE:KO) Upcoming Dividend Will Be Larger Than Last Year's
May 06Calculating The Intrinsic Value Of The Coca-Cola Company (NYSE:KO)
Apr 28The Coca Cola Company - The Bullish and Bearish Narratives
Apr 11Here's Why Coca-Cola (NYSE:KO) Can Manage Its Debt Responsibly
Mar 24Coca-Cola (NYSE:KO) Has Announced That It Will Be Increasing Its Dividend To $0.46
Feb 20Coca-Cola raises dividend by 4.5% to $0.46
Feb 16Coca-Cola: Don't Anchor To The Past
Feb 09Coca-Cola: Optimizing Top-Line Growth And Streamlining Operations
Jan 27Coca-Cola (NYSE:KO) Ticks All The Boxes When It Comes To Earnings Growth
Jan 24Calculating The Intrinsic Value Of The Coca-Cola Company (NYSE:KO)
Jan 11Coca-Cola: 61st Consecutive Annual Dividend Increase Beckons
Dec 30These 4 Measures Indicate That Coca-Cola (NYSE:KO) Is Using Debt Reasonably Well
Dec 18PepsiCo And Coca-Cola: How Will They Perform Through Peak Recessionary Fears In 2023?
Nov 16Coca-Cola: Sweet Quarter
Oct 31Coca-Cola (NYSE:KO) Hasn't Managed To Accelerate Its Returns
Oct 25Coca-Cola maintains dividend at $0.44/share
Oct 20Here's Why We Think Coca-Cola (NYSE:KO) Is Well Worth Watching
Oct 13Coca-Cola: Closing In On 52-Week Lows, My Price Target Is $45
Oct 10Coca-Cola: The Problem With The Bearish Thesis
Sep 25Coca-Cola: Don't Always Think It's A Buy
Sep 18The Coca-Cola Company's (NYSE:KO) Intrinsic Value Is Potentially 49% Above Its Share Price
Sep 16Coca-Cola: Unreasonably Expensive
Aug 25We Think Coca-Cola (NYSE:KO) Can Stay On Top Of Its Debt
Aug 23Coca-Cola: Benefit From Its Growing Dividend Payments While Investing For Retirement
Aug 18The Coca-Cola Company (NYSE:KO) is Getting Expensive for Yield Investors
Jul 28Will Coca-Cola's Q2 top line be protected from inflationary headwinds and cost pressures?
Jul 25Returns At Coca-Cola (NYSE:KO) Appear To Be Weighed Down
Jul 21Coca-Cola adds former top exec at Instacart to board
Jul 19Is Coca-Cola Stock A Buy Before Upcoming Earnings? Only If You Disregard The Current Narrative
Jul 11Should You Be Adding Coca-Cola (NYSE:KO) To Your Watchlist Today?
Jul 09Coca-Cola: Approaching A Key Area
Jun 18An Intrinsic Calculation For The Coca-Cola Company (NYSE:KO) Suggests It's 29% Undervalued
Jun 02Coca-Cola: More Pain Ahead
Jun 01Coca-Cola: Not Sparkling To Me
May 22We Think Coca-Cola (NYSE:KO) Can Stay On Top Of Its Debt
May 09Coca-Cola: Yield Anchoring
Apr 28Insider Selling is Picking Up With New Highs for The Coca-Cola Company (NYSE:KO)
Apr 26Dividend Aristocrat Coca-Cola's Shares Look Pricey At Current Levels
Apr 14Coca-Cola (NYSE:KO) Has More To Do To Multiply In Value Going Forward
Apr 03Coca-Cola Stock: DCF Analysis Shows Bubbly Valuation
Mar 31Coca-Cola Stock: Is Now The Time To Buy As It Nears All-Time High?
Mar 23Is Coca-Cola A Good Dividend Stock?
Mar 09Coca-Cola (NYSE:KO) Will Pay A Larger Dividend Than Last Year At US$0.44
Feb 21Coca-Cola's 2022 Dividend Increase: A Sexagenarian
Feb 17Coca-Cola's (NYSE:KO) 60th Consecutive Dividend Increase is on the Menu
Feb 14Financial Position Analysis
Short Term Liabilities: KO's short term assets ($26.9B) exceed its short term liabilities ($23.4B).
Long Term Liabilities: KO's short term assets ($26.9B) do not cover its long term liabilities ($47.2B).
Debt to Equity History and Analysis
Debt Level: KO's net debt to equity ratio (110.1%) is considered high.
Reducing Debt: KO's debt to equity ratio has reduced from 226.7% to 163.3% over the past 5 years.
Debt Coverage: KO's debt is well covered by operating cash flow (24.1%).
Interest Coverage: KO's interest payments on its debt are well covered by EBIT (33.2x coverage).