Coca-Cola Consolidated Inc. (COKE)
Debt-to-capital ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,417,610 | 1,284,990 | 1,195,190 | 1,601,190 | 1,435,600 | 1,524,330 | 1,379,710 | 1,234,250 | 1,115,390 | 1,018,910 | 901,680 | 803,647 | 711,786 | 680,140 | 612,502 | 565,342 | 512,990 | 448,238 | 397,418 | 359,220 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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 consistently been 0.00 across various quarters from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations and investments during this period. A debt-to-capital ratio of 0.00 reflects a capital structure that is primarily equity-funded. This shows that the company has not taken on any significant debt relative to its total capital, which could be a sign of financial strength and stability. However, it's important to consider the reasons behind the low debt levels and assess the implications for the company's overall financial strategy and future growth prospects.
Peer comparison
Dec 31, 2024