Coca-Cola Consolidated (COKE) Interest Coverage Ratio (2010 - 2024)
Coca-Cola Consolidated's (COKE) Interest Coverage Ratio stood at 79.31 in Q1 2024, up 12.7% from 70.35 a year earlier and up 63.7% from the prior quarter.
Coca-Cola Consolidated (COKE) Interest Coverage Ratio (2010 - 2024) Analysis & Trends
On a TTM basis, Coca-Cola Consolidated's Interest Coverage Ratio came in at 128.57 as of Mar 29, 2024, up 259.5% year-over-year; for FY2023, it came in at 908.99.
- Across earlier years, Interest Coverage Ratio came in at 25.86 in FY2022 (+96.9%), 13.13 in FY2021 (+53.9%), 8.53 in FY2020 (+117.1%) and 3.93 in FY2019 (+242.8%).
- Quarterly Interest Coverage Ratio has ranged from 3.43 in Q1 2020 to 172.71 in Q2 2023 over the past five years.
- On a year-over-year basis, Interest Coverage Ratio has increased for 20 consecutive quarters, with growth averaging 235.0% over the last eight quarters.
- Across the past five years, year-over-year growth in Interest Coverage Ratio ran from 1.1% in Q4 2021 to 737.9% in Q2 2023.
- Per Business Quant, the preceding three quarters came in at 48.44 (Q4 2023), 142.65 (Q3 2023) and 172.71 (Q2 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 394.76 Bn | 381.23 Bn | 8.42 Bn | 12.66 |
| 2 | Coca Cola Femsa Sab De Cv | 193.90 Bn | 193.90 Bn | 2.06 Bn | 4.69 |
| 3 | Pepsico | 175.24 Bn | 133.00 Bn | 13.75 Bn | 17.60 |
| 4 | Monster Beverage | 88.77 Bn | 77.03 Bn | 1.42 Bn | - |
| 5 | Diageo | 52.19 Bn | 32.26 Bn | - | - |
| 6 | Ambev | 50.68 Bn | 35.97 Bn | 2.06 Bn | 5.28 |
| 7 | Coca-Cola Europacific Partners | 50.06 Bn | 42.72 Bn | - | - |
| 8 | Keurig Dr Pepper | 46.50 Bn | 42.54 Bn | 3.07 Bn | - |
| 9 | Constellation Brands | 22.07 Bn | 21.62 Bn | 1.39 Bn | - |
| 10 | Coca-Cola Consolidated | 13.60 Bn | 11.23 Bn | 778.41 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Mar 29, 2024 | 79.31 |
| Dec 31, 2023 | 48.44 |
| Sep 29, 2023 | 142.65 |
| Jun 30, 2023 | 172.71 |
| Mar 31, 2023 | 70.35 |
| Dec 31, 2022 | 44.73 |
| Sep 30, 2022 | 31.22 |
| Jul 1, 2022 | 20.61 |
| Apr 1, 2022 | 17.01 |
| Dec 31, 2021 | 10.57 |
| Oct 1, 2021 | 16.92 |
| Jul 2, 2021 | 14.45 |
| Apr 2, 2021 | 10.77 |
| Dec 31, 2020 | 10.45 |
| Sep 27, 2020 | 11.50 |
| Jun 28, 2020 | 9.05 |
| Mar 29, 2020 | 3.43 |
| Dec 29, 2019 | 3.90 |
| Sep 29, 2019 | 4.91 |
| Jun 30, 2019 | 5.60 |
Coca-Cola Consolidated Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=COKE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "COKE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=COKE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();