Coca-Cola Co (FRA:CCC3) Interest Coverage: 11.66 (As of Mar. 2026) — 21% Above Median


FRA:CCC3 Coca-Cola Co FRA:CCC3
81 GF Score
Price €70.68
GF Value €61.79
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Coca-Cola Co Interest Coverage?

Coca-Cola Co FRA:CCC3 -1.06% 81 Interest Coverage is 11.66 as of Mar. 2026, which is 21% above its 10-year median of 9.67. GuruFocus rates FRA:CCC3 with a GF Score™ of 81/100 and a GF Value™ of €61.79 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 90 Beverages - Non-Alcoholic companies, Coca-Cola Co ranks worse than 60% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Coca-Cola Co's Operating Income for the three months ended in Mar. 2026 was €3,782 Mil. Coca-Cola Co's Interest Expense for the three months ended in Mar. 2026 was €-324 Mil. Coca-Cola Co's interest coverage for the quarter that ended in Mar. 2026 was 11.66. The higher the ratio, the stronger the company's financial strength is.

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

FRA:CCC3' s Interest Coverage Range Over the Past 10 Years
Min: 6.77   Med: 9.67   Max: 13.65
Current: 9.48


FRA:CCC3's Interest Coverage is ranked worse than
60% of 90 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 12.32 vs FRA:CCC3: 9.48

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Coca-Cola Co  (FRA:CCC3) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Coca-Cola Co Interest Coverage Related Terms


Coca-Cola Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Coca-Cola Co's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Coca-Cola Co Interest Coverage Chart

Coca-Cola Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.91 13.65 8.58 8.47 9.02

Coca-Cola Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage 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 9.61 9.71 10.26 6.64 11.66

FRA:CCC3 vs PEP, MNST, KDP: Interest Coverage Comparison

For the Beverages - Non-Alcoholic subindustry, Coca-Cola Co's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Beverages - Non-Alcoholic Industry

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

* The bar in red indicates where Coca-Cola Co's Interest Coverage falls into.


FRA:CCC3
81GF Score
Coca-Cola Co FRA:CCC3
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Coca-Cola Co Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Coca-Cola Co's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Coca-Cola Co's Interest Expense was €-1,413 Mil. Its Operating Income was €12,734 Mil. And its Long-Term Debt & Capital Lease Obligation was €35,970 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*12733.994/-1412.516
=9.02

Coca-Cola Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Coca-Cola Co's Interest Expense was €-324 Mil. Its Operating Income was €3,782 Mil. And its Long-Term Debt & Capital Lease Obligation was €33,791 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*3781.78/-324.375
=11.66

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 11.66 mean?
Coca-Cola Co (FRA:CCC3) has a Interest Coverage of 11.66 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Coca-Cola Co and its competitors. This is 21% above median its historical median of 9.67. Over the past decade, Coca-Cola Co's Interest Coverage has ranged from 6.77 to 13.65. According to the industry distribution chart, Coca-Cola Co ranks #54 out of 90 companies in the Beverages - Non-Alcoholic industry, placing it in the top 60%.
Is Coca-Cola Co's Interest Coverage too high?
Coca-Cola Co's current Interest Coverage of 11.66 is 21% above median its 10-year median of 9.67. Over the past 10 years, this metric has ranged from a low of 6.77 to a high of 13.65. The Beverages - Non-Alcoholic industry median Interest Coverage is 12.32. Coca-Cola Co's value of 11.66 is 5.4% below this industry median. Based on the distribution chart, Coca-Cola Co ranks #54 out of 90 companies in the Beverages - Non-Alcoholic industry, which is below the industry midpoint. Overall, Coca-Cola Co has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Coca-Cola Co's Interest Coverage compare to PEP and MNST?
According to the Beverages - Non-Alcoholic industry distribution chart, Coca-Cola Co ranks #54 out of 90 companies for Interest Coverage. This places Coca-Cola Co in the lower half of its industry. The industry median Interest Coverage is 12.32. Coca-Cola Co's value of 11.66 is 5.4% below this benchmark. Historically, Coca-Cola Co's own Interest Coverage has ranged from 6.77 to 13.65 over the past decade. While the company's 10-year median is 9.67 vs. the industry median of 12.32, Coca-Cola Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Beverages - Non-Alcoholic company?
The median Interest Coverage among Beverages - Non-Alcoholic companies is 12.32, based on 90 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Coca-Cola Co's current Interest Coverage of 11.66 is 5.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Coca-Cola Co and its competitors. For the Beverages - Non-Alcoholic industry, the median Interest Coverage is 12.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coca-Cola Co's current Interest Coverage is 11.66, which is 21% above median its own 10-year median of 9.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coca-Cola Co stock overvalued right now?
Based on GuruFocus' analysis, Coca-Cola Co (FRA:CCC3) is currently considered Modestly Overvalued. The stock's GF Value™ is €61.79, compared to a current price of €70.68 — trading 14.4% above its estimated fair value. The current Interest Coverage is 11.66, which is 21% above median its 10-year median of 9.67 and 5.4% below the Beverages - Non-Alcoholic industry median of 12.32. Coca-Cola Co's overall GF Score™ is 81/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Coca-Cola Co (FRA:CCC3), the current Interest Coverage is 11.66 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Coca-Cola Co (FRA:CCC3) Overvalued in 2026?

Based on GuruFocus' analysis, Coca-Cola Co stock appears to be overvalued. The current stock price of €70.68 is trading 14.4% above its estimated GF Value™ of €61.79. GuruFocus considers Coca-Cola Co to be Modestly Overvalued.

Key valuation signals for FRA:CCC3:

  • Interest Coverage: 11.66 (21% above median its 10-year median of 9.67)
  • GF Value™: €61.79 vs. price of €70.68 (14.4% above fair value)
  • GF Score™: 81/100 with 5 warning signs
  • Industry Position: 5.4% below the Beverages - Non-Alcoholic median (#54 of 90)

No single metric tells the full story. See the FRA:CCC3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Coca-Cola Co Business Description

Address One Coca-Cola Plaza, Atlanta, GA, USA, 30313
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 60% of its total revenue overseas, with sizable contributions from emerging economies in Latin America and Asia-Pacific.
81GF Score

Get the complete analysis for FRA:CCC3

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€70.68
Price
€61.79
GF Value