Stock Analysis on Net

Coca-Cola Co. (NYSE:KO)

$24.99

Common-Size Balance Sheet: Assets
Quarterly Data

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Coca-Cola Co., common-size consolidated balance sheet: assets (quarterly data)

Microsoft Excel
Jun 27, 2025 Mar 28, 2025 Dec 31, 2024 Sep 27, 2024 Jun 28, 2024 Mar 29, 2024 Dec 31, 2023 Sep 29, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jul 1, 2022 Apr 1, 2022 Dec 31, 2021 Oct 1, 2021 Jul 2, 2021 Apr 2, 2021 Dec 31, 2020 Sep 25, 2020 Jun 26, 2020 Mar 27, 2020
Cash and cash equivalents
Short-term investments
Cash, cash equivalents and short-term investments
Marketable securities
Trade accounts receivable, less allowances
Inventories
Prepaid expenses and other current assets
Current assets
Equity method investments
Other investments
Deferred income tax assets
Property, plant and equipment, less accumulated depreciation
Trademarks with indefinite lives
Goodwill
Other intangible assets
Intangible assets
Other noncurrent assets
Noncurrent assets
Total assets

Based on: 10-Q (reporting date: 2025-06-27), 10-Q (reporting date: 2025-03-28), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-27), 10-Q (reporting date: 2024-06-28), 10-Q (reporting date: 2024-03-29), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-29), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-07-01), 10-Q (reporting date: 2022-04-01), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-01), 10-Q (reporting date: 2021-07-02), 10-Q (reporting date: 2021-04-02), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-25), 10-Q (reporting date: 2020-06-26), 10-Q (reporting date: 2020-03-27).


Cash and Cash Equivalents
The proportion of cash and cash equivalents relative to total assets exhibits variability without a consistent directional trend. Initially, the ratio declines from 14.42% in March 2020 to a low near 7.78% in December 2020. Subsequently, there is an oscillating pattern with intermittent increases reaching up to 13.55% in June 2024, followed by decreases thereafter, concluding at 9.19% in June 2025.
Short-term Investments
Short-term investments show notable fluctuations, peaking at 7.97% in June 2020, then retreating to around 1.32%-2.31% in late 2020 and throughout 2021. From early 2022 onward, the ratio generally rises again, reaching 4.79% in March 2024, but slightly declines towards mid-2025 to approximately 2.55%.
Combined Cash, Cash Equivalents, and Short-term Investments
This combined figure trends downward sharply from 19.27% in September 2020 to 9.81% in December 2020, reflecting the previous individual declines. It then follows a trajectory of moderate recovery and oscillation, reaching a high near 17.19% in June 2024, before decreasing back to approximately 11.74% by June 2025.
Marketable Securities
The share of marketable securities remains relatively stable with minor fluctuations, mostly staying close to the 1.5%-2.5% band throughout the period. There is a slight dip towards early 2023, but the level recovers marginally in subsequent quarters.
Trade Accounts Receivable (net)
This asset component maintains a narrow range fluctuating between approximately 3.5% and 4.9%. The ratio tends to peak during April 2022 at 4.93%, followed by subsequent fluctuations without a clear directional trend.
Inventories
The inventory proportion shows a subtle upward trend over the observed period, increasing from 3.78% in March 2020 toward near 5.02% by March 2025. Temporary dips occur but overall growth is evident, suggesting a gradual increase in inventory holdings relative to total assets.
Prepaid Expenses and Other Current Assets
This category increases notably mid-period, reaching a peak of 5.36% in December 2023, before receding back toward approximately 2.9%-3.3% by mid-2025. The data indicates some volatility with a significant but temporary expansion in late 2023.
Current Assets Overall
Current assets as a percentage of total assets drop sharply from around 31% in early 2020 to approximately 22% in December 2020. Following this trough, a gradual recovery and fluctuating rise occur, stabilizing near 25%-31% from 2022 onwards, albeit with some declines toward the end of the series.
Equity Method Investments
Equity method investments generally decline over time, from about 19.4% in late 2020 down to roughly 17.9% in late 2024, with minor rebounds observed. This suggests a diminishing relative weight of these investments within total assets.
Other Investments
Other investments remain minimal, with percentages typically below 1%, exhibiting a slow decline toward negligible values after mid-2022. Some gaps in data exist, but the overall level remains marginal.
Deferred Income Tax Assets
A gradual decline in deferred income tax assets is evident, falling from approximately 2.5% in early 2020 to near 1.27% by mid-2025, indicating a decreasing relative proportion in the asset composition.
Property, Plant, and Equipment (net)
This asset class decreases modestly from about 11.69% in March 2020 to near 10.34% by June 2025, with fluctuations ranging roughly between 9% and 12%. The data suggest a mild downward trend over time.
Trademarks with Indefinite Lives
Trademarks maintain a strong and relatively stable presence within total assets, ranging largely between 10.5% and 15.3%. Notably, there is an increase to above 15% starting in late 2021 and continuing through 2022, then a gradual reduction toward approximately 13% in mid-2025.
Goodwill
Goodwill as a percentage of total assets fluctuates between approximately 17.4% and 20.8%. The pattern shows a peak near 20.8% in early 2022 with a general modest decline afterward, reaching about 17.9% by mid-2025.
Other Intangible Assets
Other intangible assets remain a small fraction of total assets, trending downward from approximately 0.75% in early 2020 to below 0.5% in latest available data, indicating a gradual reduction.
Total Intangible Assets
Intangible assets as a whole demonstrate a peak around 36.9% in early 2022, after which there is a slow and steady decline to about 30.9% by mid-2025. This signals an overall decrease in the relative share of intangibles in assets over the longer term.
Other Noncurrent Assets
Other noncurrent assets remain relatively constant in the earlier period but show a marked increase from late 2023 onward, reaching over 13% of total assets by mid-2025. This sudden rise indicates a significant reallocation or recognition of other long-term assets.
Noncurrent Assets
Noncurrent assets comprise the majority of total assets, with values ranging from approximately 69% to 77%. A notable dip occurs near 68.7% in September 2020 followed by a rise into the mid-70%s. Toward the end of the series, a slight upward trend is observed, peaking near 74.5% in mid-2025.