Coca-Cola Europacific Partners (CCEP) Interest Coverage Ratio (2016 - 2018)
Coca-Cola Europacific Partners (CCEP) posted quarterly Interest Coverage Ratio of 2.69 for Q4 2018, down 6.1% year-over-year from 2.87 in Q4 2017, and up 118.82% quarter-over-quarter from 14.31 in Q3 2018.
Coca-Cola Europacific Partners (CCEP) Interest Coverage Ratio (2016 - 2018) Analysis & Trends
Coca-Cola Europacific Partners (CCEP) has reported Interest Coverage Ratio for 3 consecutive years, with 2.69 the latest figure, recorded in Q4 2018.
- In Q4 2018, Interest Coverage Ratio fell 6.1% year-over-year to 2.69; the TTM figure through Dec 2018 stood at 37.49 (down 26.26% YoY), while the FY2025 annual figure was 9.13, up 16.45% from the prior year.
- Interest Coverage Ratio advanced to 2.69 in Q4 2018 per CCEP's latest filing, from 14.31 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 2.87 in Q4 2017 and bottomed at 14.31 in Q3 2018.
- Historically, Interest Coverage Ratio has averaged 6.04 across 3 years, with a median of 5.76 in 2017.
- Annual changes were most pronounced in 2017 — Interest Coverage Ratio soared 219.91% — and 2018, when it tumbled 34.09%.
- Coca-Cola Europacific Partners' Interest Coverage Ratio stood at 0.9 in 2016, then jumped by 219.91% to 2.87 in 2017, then dropped by 6.1% to 2.69 in 2018.
- Business Quant data shows CCEP's Interest Coverage Ratio at 2.69 in Q4 2018, 14.31 in Q3 2018, and 12.29 in Q2 2018.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola Femsa Sab De Cv | 1,828.77 Bn | 1,828.77 Bn | 2.06 Bn | 4.43 |
| 2 | Coca Cola | 372.51 Bn | 358.36 Bn | 8.42 Bn | 12.66 |
| 3 | Pepsico | 188.26 Bn | 177.54 Bn | 13.11 Bn | 17.49 |
| 4 | Coca-Cola Europacific Partners | 48.40 Bn | 47.23 Bn | - | - |
| 5 | Monster Beverage | 44.71 Bn | 41.29 Bn | 1.42 Bn | 0.70 |
| 6 | Keurig Dr Pepper | 39.59 Bn | 38.69 Bn | 2.10 Bn | 4.53 |
| 7 | Andina Bottling | 22.49 Bn | 22.49 Bn | 319.18 Bn | - |
| 8 | Coca-Cola Consolidated | 10.10 Bn | 9.93 Bn | 778.41 Mn | 2.18 |
| 9 | Primo Brands | 8.53 Bn | 8.17 Bn | 548.70 Mn | 1.79 |
| 10 | Celsius Holdings | 6.97 Bn | 6.34 Bn | 393.69 Mn | 3.78 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2018 | 2.69 |
| Sep 28, 2018 | -14.31 |
| Jun 29, 2018 | -12.29 |
| Mar 31, 2018 | -5.50 |
| Dec 31, 2017 | 2.87 |
| Sep 29, 2017 | -10.67 |
| Jun 30, 2017 | -10.95 |
| Mar 31, 2017 | -5.76 |
| Dec 31, 2016 | 0.90 |
| Sep 30, 2016 | -9.88 |
| Apr 30, 2016 | -3.50 |