Coca-Cola Consolidated Inc. (COKE)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,417,610 | 1,435,600 | 1,115,390 | 711,786 | 512,990 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,417,610K)
= 0.00
The debt-to-capital ratio of Coca-Cola Consolidated Inc. has remained constant at 0.00 from December 31, 2020, to December 31, 2024. A debt-to-capital ratio of 0.00 indicates that the company has no debt in its capital structure during this period. This suggests that Coca-Cola Consolidated Inc. has been financing its operations and investments primarily through equity rather than debt. A low or zero debt-to-capital ratio can imply financial stability and lower financial risk for the company, as it is not relying heavily on borrowed funds. It also indicates a strong equity position, which may potentially provide the company with more financial flexibility and resilience in the face of economic challenges.
Peer comparison
Dec 31, 2024