The Coca-Cola Company (KO)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 25,997,000 | 26,732,000 | 22,591,000 | 22,545,000 | 19,240,000 |
| Total current liabilities | US$ in thousands | 25,249,000 | 23,571,000 | 19,724,000 | 19,950,000 | 14,601,000 |
| Current ratio | 1.03 | 1.13 | 1.15 | 1.13 | 1.32 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $25,997,000K ÷ $25,249,000K
= 1.03
The current ratio of The Coca-Cola Company has shown a gradual decline from 1.32 in December 2020 to 1.03 in December 2024. This trend indicates that the company may be facing challenges in meeting its short-term obligations with its current assets. A current ratio below 1 suggests that the company may have difficulties in paying off its current liabilities with its current assets alone. It is essential for investors and stakeholders to closely monitor the company's liquidity position and assess the effectiveness of its working capital management in light of this decreasing trend in the current ratio.
Peer comparison
Dec 31, 2024