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COKE (Coca-Cola Consolidated) Debt-to-Asset : 0.36 (As of Sep. 2024)


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What is Coca-Cola Consolidated Debt-to-Asset?

Coca-Cola Consolidated's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $25 Mil. Coca-Cola Consolidated's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $1,875 Mil. Coca-Cola Consolidated's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was $5,273 Mil. Coca-Cola Consolidated's debt to asset for the quarter that ended in Sep. 2024 was 0.36.


Coca-Cola Consolidated Debt-to-Asset Historical Data

The historical data trend for Coca-Cola Consolidated's Debt-to-Asset 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 Consolidated Debt-to-Asset Chart

Coca-Cola Consolidated Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.36 0.27 0.20 0.17

Coca-Cola Consolidated Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Asset Get a 7-Day Free Trial 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 0.18 0.17 0.17 0.34 0.36

Competitive Comparison of Coca-Cola Consolidated's Debt-to-Asset

For the Beverages - Non-Alcoholic subindustry, Coca-Cola Consolidated's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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 Consolidated's Debt-to-Asset Distribution in the Beverages - Non-Alcoholic Industry

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

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



Coca-Cola Consolidated Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Coca-Cola Consolidated's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(28.681 + 706.462) / 4288.942
=0.17

Coca-Cola Consolidated's Debt-to-Asset for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(24.958 + 1874.681) / 5272.724
=0.36

* 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 Consolidated  (NAS:COKE) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Coca-Cola Consolidated Debt-to-Asset Related Terms

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


Coca-Cola Consolidated Business Description

Traded in Other Exchanges
Address
4100 Coca-Cola Plaza, Charlotte, NC, USA, 28211
Coca-Cola Consolidated Inc sells nonalcoholic beverage products in the United States. The company purchases concentrate and syrups from other beverage manufacturers under a license, then produces, packages, markets, and distributes the beverages to retailers. The company's primary licensor is Coca-Cola Co., which generally allows it to exclusively market, produce, and distribute Coca-Cola products in specified parts of the U.S.: North Carolina, South Carolina, West Virginia, and parts of Alabama, Georgia, Tennessee, Virginia, Indiana, and Kentucky. The company manages its business in two operating segments. Nonalcoholic Beverages segment which represents the majority of the company's revenues and All Other segments.
Executives
Coca Cola Co 10 percent owner ONE COCA COLA PLAZA, ATLANTA GA 30313
Coventry Elaine Moyese Bowers director 4100 COCA-COLA PLAZA, CHARLOTTE NC 28211
Nathaniel Brent Tollison officer: See Remarks 4100 COCA-COLA PLAZA, CHARLOTTE NC 28211
Christine Ann Motherwell officer: SVP, Human Resources 4100 COCA-COLA PLAZA, CHARLOTTE NC 28211
Matthew Joseph Blickley officer: SVP, Financial Planning & CAO 4100 COCA-COLA PLAZA, CHARLOTTE NC 28211
Donell W Etheridge officer: See Remarks 4100 COCA-COLA PLAZA, CHARLOTTE NC 28211
Jeffrey L Turney officer: See Remarks 4100 COCA-COLA PLAZA, CHARLOTTE NC 28211
Murrey John W Iii director 4100 COCA-COLA PLAZA, CHARLOTTE NC 28211
Fredrick Scott Anthony officer: SVP, Treasurer 4100 COCA-COLA PLAZA, CHARLOTTE NC 28211
Richard Tyrone Williams director HOMETRUST BANCSHARES, INC., 10 WOODFIN STREET, ASHEVILLE NC 28801
Jennifer K Mann director THE COCA-COLA COMPANY, ONE COCA-COLA PLAZA, ATLANTA GA 30313
James L Matte officer: SVP, Human Resources 4100 COCA-COLA PLAZA, CHARLOTTE NC 28211
Fisher E Beauregarde Iii officer: EVP, General Counsel 4100 COCA-COLA PLAZA, CHARLOTTE NC 28211
Wells Sue Anne H. director 1219 CARTER LAKE ROAD, CHATTANOOGA TN 37405
Deal Clifford M Iii officer: SVP and CFO 4100 COCA COLA PLAZA, CHARLOTTE NC 28211