The Coca-Cola Company (KO)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $24,856,000K
= 0.00
The Debt-to-Equity ratio of The Coca-Cola Company has consistently been 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt in its capital structure during this period and relies solely on equity financing for its operations and investments. A debt-to-equity ratio of 0.00 signifies that the company is not leveraging its assets with debt, which may indicate a lower financial risk and a strong financial position. However, it is important to note that a low debt-to-equity ratio may also imply limited growth opportunities or a potential underutilization of debt financing for potential business expansion or investment activities.
Peer comparison
Dec 31, 2024