The Coca-Cola Company (KO)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 100,549,000 | 97,703,000 | 92,763,000 | 94,354,000 | 87,296,000 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $100,549,000K
= 0.00
The debt-to-assets ratio of The Coca-Cola Company has consistently remained at 0.00 over the past five years from December 31, 2020, to December 31, 2024. This indicates that the company has not relied on debt financing to fund its operations or investments during this period. A debt-to-assets ratio of 0.00 signifies that the company's total assets are entirely financed by equity, which can be considered a positive indicator of financial stability and low financial risk. It suggests that The Coca-Cola Company has a strong financial position and may have a conservative approach to managing its capital structure.
Peer comparison
Dec 31, 2024