Coca-Cola Consolidated (COKE) Interest Coverage Ratio (2010 - 2024)
Coca-Cola Consolidated's quarterly Interest Coverage Ratio came in at 79.31 in Q1 2024, down 212.74% year-on-year from 70.35 in Q1 2023, and down 63.72% quarter-over-quarter from 48.44 in Q4 2023.
Coca-Cola Consolidated has reported Interest Coverage Ratio for 15 years, with the latest figure at 79.31 in Q1 2024.
- For the quarter ending Q1 2024, Interest Coverage Ratio fell 212.74% year-over-year to 79.31; the trailing twelve-month figure through Dec 2024 stood at 338.86 (up 62.72% YoY), and the FY2023 full-year result was 908.99, down 3615.44% from the prior year.
- Interest Coverage Ratio for Q1 2024 stood at 79.31, down from 48.44 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 172.71 in Q2 2023, with the low at 142.65 in Q3 2023.
- Average Interest Coverage Ratio over 5 years is 10.2, with a median of 11.5 recorded in 2020.
- Peak annual rise in Interest Coverage Ratio reached 737.89% in 2023, while the deepest fall reached 556.88% in 2023.
- Tracing COKE's Interest Coverage Ratio over 5 years: stood at 10.45 in 2020, then climbed by 1.14% to 10.57 in 2021, then surged by 323.24% to 44.73 in 2022, then slumped by 208.3% to 48.44 in 2023, then plunged by 63.72% to 79.31 in 2024.
- The last three Interest Coverage Ratio figures came in at 79.31 (Q1 2024), 48.44 (Q4 2023), and 142.65 (Q3 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 338.61 Bn | 329.63 Bn | 7.85 Bn | 11.62 |
| 2 | Pepsico | 193.55 Bn | 182.88 Bn | 10.73 Bn | 10.67 |
| 3 | Monster Beverage | 87.17 Bn | 84.18 Bn | 1.29 Bn | - |
| 4 | Coca-Cola Europacific Partners | 47.66 Bn | 47.03 Bn | - | - |
| 5 | Keurig Dr Pepper | 41.05 Bn | 27.15 Bn | 2.10 Bn | - |
| 6 | Coca Cola Femsa Sab De Cv | 10.77 Bn | 9.26 Bn | 1.89 Bn | 4.33 |
| 7 | Coca-Cola Consolidated | 9.73 Bn | 9.50 Bn | 727.08 Mn | - |
| 8 | Primo Brands | 8.93 Bn | 8.64 Bn | 464.90 Mn | 1.76 |
| 9 | Celsius Holdings | 7.93 Bn | 7.38 Bn | 378.07 Mn | 11.74 |
| 10 | Vita Coco Company | 4.29 Bn | 4.08 Bn | 71.81 Mn | - |
Historic Data
Download 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 |
| Mar 31, 2019 | 1.56 |
| Dec 30, 2018 | 0.99 |
| Sep 30, 2018 | 3.46 |
| Jul 1, 2018 | 1.54 |
| Apr 1, 2018 | -1.58 |
| Dec 31, 2017 | 0.04 |
| Oct 1, 2017 | 3.50 |
| Jul 2, 2017 | 4.66 |
| Apr 2, 2017 | 1.58 |
| Jan 1, 2017 | 3.10 |
| Oct 2, 2016 | 4.71 |
| Jul 3, 2016 | 5.58 |
| Apr 3, 2016 | 1.32 |
| Sep 27, 2015 | 4.14 |
| Jun 28, 2015 | 5.70 |
| Mar 29, 2015 | 2.30 |
| Dec 28, 2014 | 1.92 |
| Sep 28, 2014 | 3.88 |
| Jun 29, 2014 | 4.26 |
| Mar 30, 2014 | 0.24 |
| Dec 29, 2013 | -7.87 |
| Sep 29, 2013 | 4.10 |
| Jun 30, 2013 | 3.63 |
| Mar 31, 2013 | 2.10 |
| Dec 30, 2012 | -6.86 |
| Sep 30, 2012 | 3.04 |
| Jul 1, 2012 | 3.14 |
| Apr 1, 2012 | 2.05 |
| Jan 1, 2012 | -6.61 |
| Oct 2, 2011 | 2.75 |
| Jul 3, 2011 | 3.14 |
| Apr 3, 2011 | 2.19 |
| Oct 3, 2010 | 3.81 |
| Jul 4, 2010 | 3.39 |