Coca-Cola Consolidated (COKE) Interest Coverage Ratio (2010 - 2024)
Coca-Cola Consolidated (COKE) recorded quarterly Interest Coverage Ratio of 79.31 in Q1 2024, down 63.72% quarter-over-quarter from 48.44 in Q4 2023, and down 212.74% on a YoY basis from 70.35 in Q1 2023.
Coca-Cola Consolidated (COKE) Interest Coverage Ratio (2010 - 2024) Analysis & Trends
Coca-Cola Consolidated's Interest Coverage Ratio history runs 15 years deep, the most recent figure standing at 79.31 for Q1 2024.
- In Q1 2024, Interest Coverage Ratio fell 212.74% year-over-year to 79.31; the TTM figure through Dec 2024 stood at 338.86 (up 62.72% YoY), while the FY2023 annual figure was 908.99, down 3615.44% from the prior year.
- Interest Coverage Ratio was 79.31 for Q1 2024 at Coca-Cola Consolidated, down from 48.44 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 172.71 in Q2 2023 to a low of 142.65 in Q3 2023.
- Historically, Interest Coverage Ratio has averaged 10.2 across 5 years, with a median of 11.5 in 2020.
- Biggest YoY gain for Interest Coverage Ratio was 737.89% in 2023; the steepest drop was 556.88% in 2023.
- A 5-year view of Interest Coverage Ratio shows it stood at 10.45 in 2020, then advanced by 1.14% to 10.57 in 2021, then jumped by 323.24% to 44.73 in 2022, then tumbled by 208.3% to 48.44 in 2023, then sank 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 | 341.39 Bn | 332.40 Bn | 7.85 Bn | 11.62 |
| 2 | Pepsico | 194.25 Bn | 183.58 Bn | 10.73 Bn | 10.67 |
| 3 | Monster Beverage | 89.38 Bn | 86.39 Bn | 1.29 Bn | - |
| 4 | Coca Cola Femsa Sab De Cv | 87.89 Bn | 86.38 Bn | 1.89 Bn | 4.33 |
| 5 | Keurig Dr Pepper | 41.86 Bn | 27.96 Bn | 2.10 Bn | - |
| 6 | Coca-Cola Consolidated | 10.27 Bn | 10.04 Bn | 727.08 Mn | - |
| 7 | Primo Brands | 8.82 Bn | 8.54 Bn | 464.90 Mn | 1.76 |
| 8 | Celsius Holdings | 7.92 Bn | 7.37 Bn | 378.07 Mn | 11.74 |
| 9 | Vita Coco Company | 4.80 Bn | 4.59 Bn | 71.81 Mn | - |
| 10 | National Beverage | 3.40 Bn | 3.09 Bn | 99.60 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 |