GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Coca-Cola Europacific Partners PLC (NAS:CCEP) » Definitions » Equity-to-Asset

Coca-Cola Europacific Partners (Coca-Cola Europacific Partners) Equity-to-Asset : 0.27 (As of Dec. 2023)


View and export this data going back to 1986. Start your Free Trial

What is Coca-Cola Europacific Partners Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Coca-Cola Europacific Partners's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $8,698 Mil. Coca-Cola Europacific Partners's Total Assets for the quarter that ended in Dec. 2023 was $31,902 Mil. Therefore, Coca-Cola Europacific Partners's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.27.

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

CCEP' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.12   Med: 0.29   Max: 0.37
Current: 0.27

During the past 13 years, the highest Equity to Asset Ratio of Coca-Cola Europacific Partners was 0.37. The lowest was 0.12. And the median was 0.29.

CCEP's Equity-to-Asset is ranked worse than
86.36% of 110 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 0.565 vs CCEP: 0.27

Coca-Cola Europacific Partners Equity-to-Asset Historical Data

The historical data trend for Coca-Cola Europacific Partners'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 Europacific Partners Equity-to-Asset Chart

Coca-Cola Europacific Partners 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 0.31 0.24 0.25 0.27

Coca-Cola Europacific Partners Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.24 0.25 0.25 0.26 0.27

Competitive Comparison of Coca-Cola Europacific Partners's Equity-to-Asset

For the Beverages - Non-Alcoholic subindustry, Coca-Cola Europacific Partners'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 Europacific Partners's Equity-to-Asset Distribution in the Beverages - Non-Alcoholic Industry

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

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



Coca-Cola Europacific Partners 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 Europacific Partners'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
=8697.928/31901.854
=0.27

Coca-Cola Europacific Partners's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=8697.928/31901.854
=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 Europacific Partners  (NAS:CCEP) 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 Europacific Partners Equity-to-Asset Related Terms

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


Coca-Cola Europacific Partners (Coca-Cola Europacific Partners) Business Description

Address
Bakers Road, Pemberton House, Uxbridge, GBR, UB8 1EZ
CCEP is the second-largest bottling partner in the Coca-Cola system by volume, behind Coca-Cola Femsa, and primarily operates in developed Europe (78% of 2022 revenue and 73% of EBIT) and Australasia (22% and 27%, respectively). In 2023 it announced the planned acquisition of Coca-Cola Beverages Philippines from TCCC.In 2022, CCEP sold 3.3 billion unit cases of beverages, which we estimate equates to roughly 9% of the global Coke system volume. Coke's largest bottler, Coca-Cola Femsasold 3.75 billion unit cases (11%), and the third-largest, Coca-Cola HBC, serving Eastern Europe and North Africa, sold 2.7 billion unit cases (8%).TCCC owns 19% of the equity of CCEP, Olive Partners, a holding company of bottling operations, owns a further 36%, and the remaining 45% is free float.