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Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Coca-Cola Co's Cash per Share for the quarter that ended in Sep. 2024 was $4.21.
The historical data trend for Coca-Cola Co's Cash per Share can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Coca-Cola Co Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Cash per Share | Get a 7-Day Free Trial | 2.61 | 2.54 | 2.92 | 2.69 | 3.17 |
Coca-Cola Co Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Cash per Share | Get a 7-Day Free Trial | 3.57 | 3.17 | 3.93 | 4.41 | 4.21 |
This is the ratio of a company's available cash, including easy to liquidate short-term investment, to its total number of shares outstanding. The result indicates the percentage of a company's share price that is available to spend on company's activities, such as strengthening the business, paying down the debt and making dividend payment to shareholders. It's a reliable indicator of a company's financial health.
Coca-Cola Co's Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as:
Cash per Share | = | Cash, Cash Equivalents, Marketable Securities | / | Shares Outstanding (EOP) |
= | 13663 | / | 4,308 | |
= | 3.17 |
Coca-Cola Co's Cash per Share for the quarter that ended in Sep. 2024 is calculated as:
Cash per Share | = | Cash, Cash Equivalents, Marketable Securities | / | Shares Outstanding (EOP) |
= | 18164 | / | 4,310 | |
= | 4.21 |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Coca-Cola Co (NYSE:KO) Cash per Share Explanation
Cash per Share represents the liquidity of a compant's assets. A high level of Cash per Share suggests that there's enough money on hand for a company to cover any emergencies and that the company has adequate money to reinvest its business or pay dividends to investors. However, if the ratio is too high, it can also suggeust the inefficiency of management for not making a full usage of the cash.
Thank you for viewing the detailed overview of Coca-Cola Co's Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Monica Howard Douglas | officer: SVP & General Counsel | 535 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10022 |
James Quincey | other: Group President | THE COCA-COLA COMPANY, ONE COCA-COLA PLAZA, ATLANTA GA 30313 |
Nancy Quan | officer: Senior Vice President | THE COCA-COLA COMPANY, ONE COCA-COLA PLAZA, ATLANTA GA 30313 |
Jennifer K Mann | officer: Senior Vice President | THE COCA-COLA COMPANY, ONE COCA-COLA PLAZA, ATLANTA GA 30313 |
Lisa Chang | other: Chief People Officer | THE COCA-COLA COMPANY, ONE COCA-COLA PLAZA, ATLANTA GA 30313 |
Beatriz R Perez | officer: Senior Vice President | ONE COCA-COLA PLAZA, ATLANTA GA 30313 |
Manuel Arroyo | other: Group President | THE COCA-COLA COMPANY, ONE COCA-COLA PLAZA, ATLANTA GA 30313 |
Bruno Pietracci | other: President, Latin America OU | C/O THE COCA-COLA COMPANY, ONE COCA-COLA PLAZA, ATLANTA GA 30313 |
Nikolaos Koumettis | other: Group President | THE COCA-COLA COMPANY, ONE COCA-COLA PLAZA, ATLANTA GA 30313 |
Henrique Braun | other: Operating Unit President | C/O THE COCA-COLA COMPANY, ONE COCA-COLA PLAZA, ATLANTA GA 30313 |
John Murphy | other: Group President | THE COCA-COLA COMPANY, ONE COCA-COLA PLAZA, ATLANTA GA 30313 |
Mark Randazza | officer: Principal Accounting Officer | THE COCA-COLA COMPANY, ONE COCA-COLA PLAZA, ATLANTA GA 30313 |
Thomas Sinnickson Gayner | director | C/O MARKEL CORP, 4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060 |
Amity Millhiser | director | C/O THE COCA-COLA COMPANY, ONE COCA-COLA PLAZA, ATLANTA GA 30313 |
Erin L May | officer: Vice President & Controller | C/O THE COCA-COLA COMPANY, ONE COCA-COLA PLAZA, ATLANTA GA 30313 |
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