Coca-Cola Consolidated Inc. (COKE)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,417,610K
= 0.00
The debt-to-equity ratio for Coca-Cola Consolidated Inc. across the years from December 31, 2020, to December 31, 2024, has been consistently at zero. This indicates that the company has not utilized any debt to finance its operations during this period and has relied solely on equity for its capital structure. A debt-to-equity ratio of zero may suggest a conservative financial strategy with low financial risk, as there is no debt that needs to be serviced. However, it is important to note that a zero debt-to-equity ratio may also imply missed opportunities for leveraging debt for potential growth or tax advantages.
Peer comparison
Dec 31, 2024