The Coca-Cola Company (KO)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 24,856,000 | 26,518,000 | 25,853,000 | 26,429,000 | 25,941,000 | 26,325,000 | 26,013,000 | 25,217,000 | 24,105,000 | 22,805,000 | 23,005,000 | 24,845,000 | 22,999,000 | 22,179,000 | 22,249,000 | 20,355,000 | 19,299,000 | 18,607,000 | 17,484,000 | 18,158,000 |
| Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $24,856,000K)
= 0.00
The debt-to-capital ratio of The Coca-Cola Company has been consistently reported as 0.00 for all quarters from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt in its capital structure during this period.
A debt-to-capital ratio of 0.00 means that the company's total debt is zero in relation to its total capital, which includes both debt and equity. A lower debt-to-capital ratio generally indicates lower financial risk, as the company is not reliant on debt financing to fund its operations and investments.
In the case of The Coca-Cola Company, a consistently low debt-to-capital ratio may suggest strong financial stability and the ability to generate enough cash flows from operations to meet its financial obligations without relying on external borrowing. This can be viewed positively by investors and creditors, as it demonstrates a conservative approach to managing the company's capital structure.
Peer comparison
Dec 31, 2024