Analysis of Debt
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- Balance Sheet: Assets
- Common-Size Income Statement
- Analysis of Profitability Ratios
- Analysis of Solvency Ratios
- DuPont Analysis: Disaggregation of ROE, ROA, and Net Profit Margin
- Analysis of Geographic Areas
- Price to FCFE (P/FCFE)
- Present Value of Free Cash Flow to Equity (FCFE)
- Net Profit Margin since 2005
- Total Asset Turnover since 2005
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Total Debt (Carrying Amount)
Coca-Cola Co., balance sheet: debt
US$ in millions
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Loans and notes payable | ||||||
| Current maturities of long-term debt | ||||||
| Long-term debt, excluding current maturities | ||||||
| Total debt (carrying amount) |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
- Loans and notes payable
- The value exhibits volatility over the five-year span, starting at 2,183 million USD in 2020, peaking at 4,557 million USD in 2023, then decreasing sharply to 1,499 million USD in 2024. This indicates fluctuations in short-term borrowing or notes payable activity, with a significant increase in 2023 followed by a notable reduction the following year.
- Current maturities of long-term debt
- The current portion of long-term debt shows a fluctuating pattern. Beginning at 485 million USD in 2020, it rises substantially to 1,338 million USD in 2021, decreases to 399 million USD in 2022, then surges to 1,960 million USD in 2023, before falling again to 648 million USD in 2024. These variations suggest shifting repayments or refinancing strategies affecting the short-term obligations related to long-term debt.
- Long-term debt, excluding current maturities
- This item shows a gradual downward trend from 40,125 million USD in 2020 to 35,547 million USD in 2023, implying a consistent reduction of long-term debt principal excluding the portion due within one year. However, in 2024, there is a significant increase to 42,375 million USD, indicating a possible issuance of additional long-term debt or a reclassification of debt components.
- Total debt (carrying amount)
- Total debt demonstrates relative stability around the 40,000 million USD mark but experiences some fluctuations. After a slight decrease from 42,793 million USD in 2020 to 39,149 million USD in 2022, it increases to 42,064 million USD in 2023 and further to 44,522 million USD in 2024. This overall upward trend in total debt in the last two years, despite variability in loans and current maturities, may reflect an overall higher leverage position.
Total Debt (Fair Value)
| Dec 31, 2024 | |
|---|---|
| Selected Financial Data (US$ in millions) | |
| Loans and notes payable | |
| Long-term debt, including current portion | |
| Total debt (fair value) | |
| Financial Ratio | |
| Debt, fair value to carrying amount ratio | |
Based on: 10-K (reporting date: 2024-12-31).
Weighted-average Interest Rate on Debt
Weighted-average effective interest rate on debt:
| Interest rate | Debt amount1 | Interest rate × Debt amount | Weighted-average interest rate2 |
|---|---|---|---|
| Total | |||
Based on: 10-K (reporting date: 2024-12-31).
1 US$ in millions
2 Weighted-average interest rate = 100 × ÷ =