Coca-Cola HBC Balance Sheet Health
Financial Health criteria checks 4/6
Coca-Cola HBC has a total shareholder equity of €3.0B and total debt of €3.8B, which brings its debt-to-equity ratio to 127.9%. Its total assets and total liabilities are €10.8B and €7.8B respectively. Coca-Cola HBC's EBIT is €962.6M making its interest coverage ratio 48.6. It has cash and short-term investments of €1.1B.
Key information
127.9%
Debt to equity ratio
€3.84b
Debt
| Interest coverage ratio | 48.6x |
| Cash | €1.09b |
| Equity | €3.00b |
| Total liabilities | €7.82b |
| Total assets | €10.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CCHB.F's short term assets (€5.0B) exceed its short term liabilities (€4.4B).
Long Term Liabilities: CCHB.F's short term assets (€5.0B) exceed its long term liabilities (€3.4B).
Debt to Equity History and Analysis
Debt Level: CCHB.F's net debt to equity ratio (91.5%) is considered high.
Reducing Debt: CCHB.F's debt to equity ratio has increased from 111.2% to 127.9% over the past 5 years.
Debt Coverage: CCHB.F's debt is well covered by operating cash flow (34.2%).
Interest Coverage: CCHB.F's interest payments on its debt are well covered by EBIT (48.6x coverage).