The Coca-Cola Company (KO)
Debt-to-equity 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-equity 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-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 remained at 0.00 throughout the reported periods from March 31, 2020, to December 31, 2024. This indicates that the company has been maintaining a debt-free capital structure during this period. A debt-to-equity ratio of 0.00 implies that the company is funding its operations and investments primarily through equity rather than debt. This can be viewed positively by investors and creditors as it suggests lower financial risk and potential for improved financial stability.
Peer comparison
Dec 31, 2024
Company name
Symbol
Debt-to-equity ratio
The Coca-Cola Company
KO
0.00
Constellation Brands Inc Class A
STZ
0.00
Keurig Dr Pepper Inc
KDP
0.53
PepsiCo Inc
PEP
2.06