Coca-Cola Europacific Partners (STU:CK0) Cash-to-Debt : 0.16 (As of Jun. 2024)

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What is Coca-Cola Europacific Partners Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Coca-Cola Europacific Partners's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.16.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Coca-Cola Europacific Partners couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

The historical rank and industry rank for Coca-Cola Europacific Partners's Cash-to-Debt or its related term are showing as below:

STU:CK0' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.08 Max: 0.21
Current: 0.16

During the past 13 years, Coca-Cola Europacific Partners's highest Cash to Debt Ratio was 0.21. The lowest was 0.04. And the median was 0.08.

STU:CK0's Cash-to-Debt is ranked worse than
77.98% of 109 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 0.76 vs STU:CK0: 0.16

Coca-Cola Europacific Partners Cash-to-Debt Historical Data

The historical data trend for Coca-Cola Europacific Partners's Cash-to-Debt 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.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Coca-Cola Europacific Partners Cash-to-Debt Chart

Coca-Cola Europacific Partners Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.05

0.21

0.11

0.14

0.17

Coca-Cola Europacific Partners Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial															0.16	0.14	0.17	0.17	0.16

Competitive Comparison of Coca-Cola Europacific Partners's Cash-to-Debt

For the Beverages - Non-Alcoholic subindustry, Coca-Cola Europacific Partners's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Coca-Cola Europacific Partners's Cash-to-Debt Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Coca-Cola Europacific Partners's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Coca-Cola Europacific Partners's Cash-to-Debt falls into.

Coca-Cola Europacific Partners Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Coca-Cola Europacific Partners's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	1987	/	(1300	+	10096)
	=	0.17

Coca-Cola Europacific Partners's Cash to Debt Ratio for the quarter that ended in Jun. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	1882	/	(2021	+	10131)
	=	0.15

Coca-Cola Europacific Partners (STU:CK0) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Coca-Cola Europacific Partners Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Coca-Cola Europacific Partners's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Coca-Cola Europacific Partners Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Coca-Cola Europacific Partners PLC (STU:CK0) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

CCEP:USA CCEP:Netherlands CCEP:Mexico CCEPa:UK CCEP:UK CCEP:Spain CK0:Germany

Address

Bakers Road, Pemberton House, Uxbridge, GBR, UB8 1EZ

Website

https://www.cocacolaep.com

CCEP is the second-largest bottling partner in the Coca-Cola system by volume, behind Coca-Cola Femsa, and primarily operates in developed Europe (80% of 2023 revenue and EBIT) and Australasia (20%).In 2023, CCEP sold 3.3 billion unit cases of beverages, which we estimate equates to roughly 9% of the global Coke system volume. Coke's largest bottler, Coca-Cola Femsa sold 4 billion unit cases (12%), and the third-largest, Coca-Cola HBC, serving Eastern Europe and North Africa, sold 2.8 billion unit cases (8%).TCCC owns 19% of the equity of CCEP, Olive Partners, a holding company of bottling operations, owns a further 36%, and the remaining 45% is free float.

Coca-Cola Europacific Partners Headlines

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