The Coca-Cola Company (KO)
Debt-to-assets 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 assets | US$ in thousands | 100,549,000 | 106,266,000 | 101,202,000 | 99,392,000 | 97,703,000 | 97,578,000 | 98,456,000 | 97,404,000 | 92,763,000 | 92,471,000 | 93,169,000 | 94,064,000 | 94,354,000 | 90,606,000 | 90,194,000 | 89,993,000 | 87,296,000 | 97,184,000 | 94,689,000 | 94,013,000 |
| Debt-to-assets 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-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $100,549,000K
= 0.00
The debt-to-assets ratio of The Coca-Cola Company has been consistently reported as 0.00 across multiple quarters spanning from March 2020 to December 2024. A debt-to-assets ratio of 0.00 indicates that the company has no debt in relation to its total assets during this period. This implies that the company has been able to finance its operations and investments primarily using equity rather than debt. A low or zero debt-to-assets ratio can signify a strong financial position, as it indicates lower financial risk and potential for financial flexibility. It also suggests that the company may not be highly leveraged, leading to lower interest expenses and a reduced risk of default. Overall, the consistent 0.00 debt-to-assets ratio for The Coca-Cola Company reflects a stable and potentially healthy financial standing with regards to debt management.
Peer comparison
Dec 31, 2024