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Coca-Cola HBC AG (FRA:C0Q) Equity-to-Asset : 0.27 (As of Jun. 2024)


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What is Coca-Cola HBC AG Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Coca-Cola HBC AG's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €2,910 Mil. Coca-Cola HBC AG's Total Assets for the quarter that ended in Jun. 2024 was €10,820 Mil. Therefore, Coca-Cola HBC AG's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.27.

The historical rank and industry rank for Coca-Cola HBC AG's Equity-to-Asset or its related term are showing as below:

FRA:C0Q' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.27   Med: 0.36   Max: 0.45
Current: 0.27

During the past 13 years, the highest Equity to Asset Ratio of Coca-Cola HBC AG was 0.45. The lowest was 0.27. And the median was 0.36.

FRA:C0Q's Equity-to-Asset is ranked worse than
83.04% of 112 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 0.565 vs FRA:C0Q: 0.27

Coca-Cola HBC AG Equity-to-Asset Historical Data

The historical data trend for Coca-Cola HBC AG's Equity-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 HBC AG Equity-to-Asset Chart

Coca-Cola HBC AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.35 0.37 0.33 0.31

Coca-Cola HBC AG Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Equity-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 0.32 0.33 0.30 0.31 0.27

Competitive Comparison of Coca-Cola HBC AG's Equity-to-Asset

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

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

* The bar in red indicates where Coca-Cola HBC AG's Equity-to-Asset falls into.



Coca-Cola HBC AG Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Coca-Cola HBC AG's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=3092.8/9879.6
=0.31

Coca-Cola HBC AG's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )=Total Stockholders Equity/Total Assets
=2909.7/10819.5
=0.27

* 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 HBC AG  (FRA:C0Q) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Coca-Cola HBC AG Equity-to-Asset Related Terms

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Coca-Cola HBC AG Business Description

Traded in Other Exchanges
Address
Turmstrasse 26, Steinhausen, CHE, CH-6312
Coca-Cola HBC is the third-largest bottling partner in the Coca-Cola system by volume, behind Coca-Cola Femsa and Coca-Cola Europacific Partners. In 2023, CCHBC sold 2.8 billion unit cases of beverages. For context, Coke's largest bottler, Coke Femsa, sold 4 billion unit cases in Latin America, and the second-largest—CCEP, serving Europe, Southeast Asia, and the South Pacific region—sold 3.3 billion unit cases. There is a long tail of Coca-Cola distributors, including brewers and independent operators with very small distribution territories.CCHBC is listed on the London Stock Exchange. Kar-Tess, a Luxembourg-based holding company, owns 23% of the equity of CCHBC, and Coca-Cola holds a further 21%. The remaining 56% is free float.

Coca-Cola HBC AG Headlines

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