0.99(1.84%) Volume: 18,000,231 11:08PM EDT| Market Cap : 234.24 B | Enterprise Value : 269.42 B | P/E (TTM) : 33.40 | P/B : 12.86 |
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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 Co's cash to debt ratio for the quarter that ended in Jun. 2019 was 0.29.
If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Coca-Cola Co couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2019.
During the past 13 years, Coca-Cola Co's highest Cash to Debt Ratio was 2.13. The lowest was 0.25. And the median was 0.51.
* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.
| Coca-Cola Co Quarterly Data | ||||||||||||||||||||
| Sep14 | Dec14 | Mar15 | Jun15 | Sep15 | Dec15 | Mar16 | Jun16 | Sep16 | Dec16 | Mar17 | Jun17 | Sep17 | Dec17 | Mar18 | Jun18 | Sep18 | Dec18 | Mar19 | Jun19 | |
| Cash-to-Debt |
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0.41 | 0.42 | 0.37 | 0.26 | 0.29 |
* The bar in red indicates where Coca-Cola Co's Cash-to-Debt falls into.
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 Co's Cash to Debt Ratio for the fiscal year that ended in Dec. 2018 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) | |
| = | 15964 | / | (18191 | + | 25364) | |
| = | 0.37 |
Coca-Cola Co's Cash to Debt Ratio for the quarter that ended in Jun. 2019 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) | |
| = | 13361 | / | (16061 | + | 30367) | |
| = | 0.29 |
* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.
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.
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