Coca Cola Financials

COKE Stock  USD 1,304  8.11  0.62%   
Based on the key measurements obtained from Coca Cola's financial statements, Coca Cola Consolidated is performing exceptionally good at this time. It has a great probability to report excellent financial results in January. At present, Coca Cola's Other Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 1.1 B, whereas Net Debt is forecasted to decline to about 94.9 M. Key indicators impacting Coca Cola's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.06440.0614
Sufficiently Up
Slightly volatile
Return On Assets0.10.0952
Sufficiently Up
Slightly volatile
Return On Equity0.30.2845
Notably Up
Slightly volatile
Debt Equity Ratio0.420.4373
Sufficiently Down
Slightly volatile
Operating Income876.2 M834.5 M
Sufficiently Up
Slightly volatile
Current Ratio0.921.5624
Way Down
Slightly volatile
Investors should never underestimate Coca Cola's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Coca Cola's cash flow, debt, and profitability to make informed and accurate decisions about investing in Coca Cola Consolidated.

Net Income

428.79 Million

  
Understanding current and past Coca Cola Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Coca Cola's financial statements are interrelated, with each one affecting the others. For example, an increase in Coca Cola's assets may result in an increase in income on the income statement.
Please note, the presentation of Coca Cola's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Coca Cola's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Coca Cola's management manipulating its earnings.

Coca Cola Stock Summary

Coca Cola competes with Coca Cola, Monster Beverage, Celsius Holdings, Keurig Dr, and PepsiCo. Coca-Cola Consolidated, Inc., together with its subsidiaries, manufactures, markets, and distributes nonalcoholic beverages primarily products of The Coca-Cola Company in the United States. Coca-Cola Consolidated, Inc. was incorporated in 1980 and is headquartered in Charlotte, North Carolina. Coca Cola operates under BeveragesNon-Alcoholic classification in the United States and is traded on NASDAQ Exchange. It employs 14100 people.
Specialization
Consumer Defensive, Beverages - Non-Alcoholic
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS1910981026
CUSIP191098102
LocationNorth Carolina; U.S.A
Business Address4100 Coca-Cola Plaza,
SectorBeverages
IndustryConsumer Staples
BenchmarkDow Jones Industrial
Websitewww.cokeconsolidated.com
Phone980 392 8298
CurrencyUSD - US Dollar

Coca Cola Key Financial Ratios

Coca Cola Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets3.1B3.2B3.4B3.7B4.3B4.5B
Other Current Liab1.2M372.1M452.7M486.4M642.9M675.1M
Net Debt1.2B1.1B796.3M557.4M99.9M94.9M
Retained Earnings381.2M544.3M724.5M1.1B1.4B1.4B
Cash9.6M54.8M142.3M197.6M635.3M667.0M
Net Receivables525.3M490.1M546.5M606.3M659.3M692.3M
Inventory225.9M225.8M302.9M347.5M321.9M338.0M
Other Current Assets69.5M80.6M84.9M94.3M88.6M93.0M
Total Liab2.7B2.7B2.7B2.6B2.9B3.0B
Total Current Assets830.3M851.2M1.1B1.2B1.7B1.8B
Short Term Debt24.4M51.3M56.2M59.9M57.4M60.2M
Intangible Assets890.7M866.6M847.7M851.2M824.6M569.8M
Accounts Payable597.8M217.6M319.3M351.7M383.6M402.7M
Other Liab908.5M932.0M988.4M963.9M1.1B1.2B
Other Assets71.4M70.4M120.5M69.6M80.0M58.0M
Long Term Debt1.0B940.5M723.4M598.8M599.2M769.8M
Net Tangible Assets(709.7M)(519.5M)(301.9M)98.3M113.0M118.7M
Long Term Debt Total1.0B940.5M723.4M598.8M688.6M829.0M
Capital Surpluse120.4M124.2M129.0M136.0M156.3M132.5M

Coca Cola Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense46.0M36.7M33.4M24.8M918K872.1K
Total Revenue4.8B5.0B5.6B6.2B6.7B7.0B
Gross Profit1.7B1.8B2.0B2.3B2.6B2.7B
Operating Income80.2M313.4M288.6M641.0M834.5M876.2M
Ebit80.2M277.8M288.6M599.9M721.7M757.7M
Ebitda260.1M456.8M469.2M771.5M898.6M943.6M
Cost Of Revenue3.2B3.2B3.6B3.9B4.1B4.3B
Income Before Tax34.2M241.0M255.1M575.1M557.5M585.4M
Net Income18.6M172.5M189.6M430.2M408.4M428.8M
Income Tax Expense15.7M58.9M65.6M144.9M149.1M156.6M
Minority Interest6.3M4.8M7.2M(9.6M)(2.5M)0.0
Tax Provision15.7M58.9M65.6M144.9M149.1M156.6M
Net Interest Income(46.0M)(36.7M)(33.4M)(24.8M)918K963.9K

Coca Cola Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(3.9M)45.2M87.5M55.3M437.6M459.5M
Free Cash Flow119.0M292.4M366.1M225.2M528.4M554.8M
Depreciation179.9M179.0M180.6M171.6M177.0M185.8M
Other Non Cash Items109.5M33.3M156.7M39.0M280.3M294.3M
Capital Expenditures171.4M202.0M155.7M329.3M282.3M296.4M
Net Income18.6M182.1M189.6M430.2M408.4M428.8M
End Period Cash Flow9.6M54.8M142.3M197.6M635.3M667.0M
Dividends Paid9.3M9.4M9.4M9.4M46.9M49.2M
Change To Inventory(15.9M)169K(77.1M)(44.7M)25.6M26.9M
Net Borrowings64.6M(95.9M)(222.3M)(128.0M)(115.2M)(109.4M)
Change To Netincome271.8M63.8M127.5M28.2M32.4M30.8M
Investments(1.7M)(1.8M)(2.5M)(325.0M)(275.6M)(261.8M)

Coca Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Coca Cola's current stock value. Our valuation model uses many indicators to compare Coca Cola value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Coca Cola competition to find correlations between indicators driving Coca Cola's intrinsic value. More Info.
Coca Cola Consolidated is rated third in return on equity category among its peers. It is rated fourth in return on asset category among its peers reporting about  0.31  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Coca Cola Consolidated is roughly  3.25 . At present, Coca Cola's Return On Equity is projected to increase slightly based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value Coca Cola by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Coca Cola Consolidated Systematic Risk

Coca Cola's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Coca Cola volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Coca Cola Consolidated correlated with the market. If Beta is less than 0 Coca Cola generally moves in the opposite direction as compared to the market. If Coca Cola Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Coca Cola Consolidated is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Coca Cola is generally in the same direction as the market. If Beta > 1 Coca Cola moves generally in the same direction as, but more than the movement of the benchmark.

Coca Cola Thematic Clasifications

Coca Cola Consolidated is part of Candy and Soda investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Candy and Soda industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
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This theme covers USA Equities from Candy and Soda industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Coca Cola Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Coca Cola's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Coca Cola growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(4.0)

At present, Coca Cola's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

Coca Cola December 1, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Coca Cola help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Coca Cola Consolidated. We use our internally-developed statistical techniques to arrive at the intrinsic value of Coca Cola Consolidated based on widely used predictive technical indicators. In general, we focus on analyzing Coca Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Coca Cola's daily price indicators and compare them against related drivers.

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When running Coca Cola's price analysis, check to measure Coca Cola's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Coca Cola is operating at the current time. Most of Coca Cola's value examination focuses on studying past and present price action to predict the probability of Coca Cola's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Coca Cola's price. Additionally, you may evaluate how the addition of Coca Cola to your portfolios can decrease your overall portfolio volatility.
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