The Coca-Cola Company (KO)
Debt-to-capital 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 | 24,856,000 | 25,941,000 | 24,105,000 | 22,999,000 | 19,299,000 |
| Debt-to-capital ratio | 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 + $24,856,000K)
= 0.00
The debt-to-capital ratio for The Coca-Cola Company has consistently been reported as 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt in its capital structure during this period. A debt-to-capital ratio of 0.00 suggests that the company's capital is entirely financed by equity rather than debt. This may imply that The Coca-Cola Company has a strong financial position and is not heavily reliant on borrowing to fund its operations or expansion. It is essential to further examine the detailed composition of the company's capital structure and its financial strategy to fully understand the implications of this consistent ratio.
Peer comparison
Dec 31, 2024