KO (Coca-Cola Co) Debt-to-Asset : 0.44 (As of Sep. 2024)

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

Coca-Cola Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $3,270 Mil. Coca-Cola Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $42,994 Mil. Coca-Cola Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was $106,266 Mil. Coca-Cola Co's debt to asset for the quarter that ended in Sep. 2024 was 0.44.

Coca-Cola Co Debt-to-Asset Historical Data

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

Coca-Cola Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.50

0.49

0.45

0.42

0.43

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
Debt-to-Asset	Get a 7-Day Free Trial															0.41	0.43	0.43	0.43	0.44

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

For the Beverages - Non-Alcoholic subindustry, Coca-Cola Co'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 Co's Debt-to-Asset Distribution in the Beverages - Non-Alcoholic Industry

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

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

Coca-Cola Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Coca-Cola Co'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
	=	(6517	+	35547)	/	97703
	=	0.43

Coca-Cola Co'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
	=	(3270	+	42994)	/	106266
	=	0.44

Coca-Cola Co (NYSE:KO) 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 Co Debt-to-Asset Related Terms

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

Coca-Cola Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Coca-Cola Co (NYSE:KO) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

KO:Peru KO:Mexico KO_KZ:Kazakhstan 1KO:Italy CCC3d:UK CCC:Germany CCC3:Germany CCC3:Germany CCC3:Germany CCC3:Germany KO:Chile COLA:Canada COCA34:Brazil CCC3:Bulgaria KO:Austria KO:Argentina

Address

One Coca-Cola Plaza, Atlanta, GA, USA, 30313

Website

https://www.coca-colacompany.com

Founded in 1886, Atlanta-headquartered Coca-Cola is the world's largest nonalcoholic beverage company, with a strong portfolio of 200 brands covering key categories including carbonated soft drinks, water, sports, energy, juice, and coffee. Together with bottlers and distribution partners, the company sells finished beverage products bearing Coca-Cola and licensed brands through retailers and food-service locations in more than 200 countries and regions globally. Coca-Cola generates around two thirds of its total revenue overseas, with a significant portion from emerging economies in Latin America and Asia-Pacific.

Executives

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