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Coca-Cola Co Cash-to-Debt

: 0.28 (As of Jun. 2022)
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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. 2022 was 0.28.

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 Co couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2022.

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

KO' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.25   Med: 0.49   Max: 2.13
Current: 0.28

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 0.49.

KO's Cash-to-Debt is ranked worse than
69.9% of 103 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 0.79 vs KO: 0.28

Coca-Cola Co Cash-to-Debt Historical Data

The historical data trend for Coca-Cola Co'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.

* Premium members only.

Coca-Cola Co Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cash-to-Debt
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.43 0.36 0.26 0.26 0.30

Coca-Cola Co Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Cash-to-Debt Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.31 0.36 0.30 0.25 0.28

Competitive Comparison

For the Beverages - Non-Alcoholic subindustry, Coca-Cola Co'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 Co Cash-to-Debt Distribution

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

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



Coca-Cola Co 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 Co's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

Coca-Cola Co's Cash to Debt Ratio for the quarter that ended in Jun. 2022 is calculated as:

* 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-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 Co Cash-to-Debt Related Terms

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


Coca-Cola Co Business Description

Coca-Cola Co logo
Address
One Coca-Cola Plaza, Atlanta, GA, USA, 30313
Coca-Cola is the largest nonalcoholic beverage entity in the world, owning and marketing some of the leading carbonated beverage brands, such as Coke, Fanta, and Sprite, as well as nonsparkling brands, such as Minute Maid, Georgia Coffee, Costa, and Glaceau. Operationally, the firm focuses its manufacturing efforts early in the supply chain, making the concentrate (or beverage bases) for its drinks that are then processed and distributed by its network of more than 100 bottlers. Concentrate operations represent roughly 85% of the company's unit case volume. The firm generates most of its revenue internationally, with countries like Mexico, Brazil, and Japan being key markets outside of the U.S.
Executives
Allen Herbert A Iii director ALLEN & COMPANY LLC 711 FIFTH AVENUE NEW YORK NY 10022
Douglas Monica Howard officer: SVP & General Counsel 535 MADISON AVENUE, 20TH FLOOR NEW YORK NY 10022
Braun Henrique other: Operating Unit President C/O THE COCA-COLA COMPANY ONE COCA-COLA PLAZA ATLANTA GA 30313
Gayton Bradley M officer: SVP & General Counsel ONE COCA-COLA PLAZA ATLANTA GA 30313
Loveless Kathy officer: Vice President & Controller C/O THE COCA-COLA COMPANY ONE COCA-COLA PLAZA ATLANTA GA 30313
Chang Lisa other: Chief People Officer THE COCA-COLA COMPANY ONE COCA-COLA PLAZA ATLANTA GA 30313
Arroyo Manuel other: Group President THE COCA-COLA COMPANY ONE COCA-COLA PLAZA ATLANTA GA 30313
Koumettis Nikolaos other: Group President THE COCA-COLA COMPANY ONE COCA-COLA PLAZA ATLANTA GA 30313
Quan Nancy officer: Senior Vice President THE COCA-COLA COMPANY ONE COCA-COLA PLAZA ATLANTA GA 30313
Tsay Caroline J director C/O ROSETTA STONE INC. 1919 NORTH LYNN STREET, 7TH FLOOR ARLINGTON VA 22209
Davis Christopher C director C/O GRAHAM HOLDINGS COMPANY 1300 NORTH 17TH STREET, SUITE 1700 ARLINGTON VA 22209
Dinkins James L officer: Senior Vice President C/O THE COCA-COLA COMPANY ONE COCA-COLA PLAZA ATLANTA GA 30313
Perez Beatriz R officer: Senior Vice President ONE COCA-COLA PLAZA ATLANTA GA 30313
Randazza Mark officer: Principal Accounting Officer THE COCA-COLA COMPANY ONE COCA-COLA PLAZA ATLANTA GA 30313
Long Robert Edward officer: Senior Vice President THE COCA-COLA COMPANY ONE COCA-COLA PLAZA ATLANTA GA 30313

Coca-Cola Co Headlines

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