Coca-Cola Consolidated (COKE) Interest Expenses (2010 - 2024)
Coca-Cola Consolidated (COKE) recorded quarterly Interest Expenses of -$2.7 million in Q1 2024, up 26.28% quarter-over-quarter from -$3.7 million in Q4 2023, and down 192.73% on a YoY basis from $2.9 million in Q1 2023.
Coca-Cola Consolidated (COKE) Interest Expenses (2010 - 2024) Analysis & Trends
Coca-Cola Consolidated's Interest Expenses history runs 15 years deep, the most recent figure standing at -$2.7 million for Q1 2024.
- In Q1 2024, Interest Expenses fell 192.73% year-over-year to -$2.7 million; the TTM figure through Dec 2024 stood at -$2.7 million (down 195.86% YoY), while the FY2023 annual figure was -$918000.0, down 103.7% from the prior year.
- Interest Expenses was -$2.7 million for Q1 2024 at Coca-Cola Consolidated, up from -$3.7 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $9.6 million in Q1 2020 to a low of -$3.7 million in Q4 2023.
- Historically, Interest Expenses has averaged $5.4 million across 5 years, with a median of $7.7 million in 2022.
- The sharpest annual moves came in 2021 and 2023: Interest Expenses slipped 7.99% in 2021, then plunged 195.34% in 2023.
- A 5-year view of Interest Expenses shows it stood at $9.0 million in 2020, then decreased by 7.99% to $8.2 million in 2021, then tumbled by 53.11% to $3.9 million in 2022, then slumped by 195.34% to -$3.7 million in 2023, then grew by 26.28% to -$2.7 million in 2024.
- The last three Interest Expenses figures came in at -$2.7 million (Q1 2024), -$3.7 million (Q4 2023), and -$1.5 million (Q3 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 341.39 Bn | 332.40 Bn | 7.85 Bn | 375.00 Mn |
| 2 | Pepsico | 194.25 Bn | 183.58 Bn | 10.73 Bn | 301.00 Mn |
| 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 | 118.84 Mn |
| 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 | 78.30 Mn |
| 8 | Celsius Holdings | 7.92 Bn | 7.37 Bn | 378.07 Mn | 11.84 Mn |
| 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 | -2.72 Mn |
| Mar 29, 2024 | -2.72 Mn |
| Dec 31, 2023 | -3.68 Mn |
| Dec 31, 2023 | -3.68 Mn |
| Sep 29, 2023 | -1.52 Mn |
| Sep 29, 2023 | -1.52 Mn |
| Jun 30, 2023 | 1.35 Mn |
| Jun 30, 2023 | 1.35 Mn |
| Mar 31, 2023 | 2.93 Mn |
| Mar 31, 2023 | 2.93 Mn |
| Dec 31, 2022 | 3.86 Mn |
| Dec 31, 2022 | 3.86 Mn |
| Sep 30, 2022 | 6.08 Mn |
| Sep 30, 2022 | 6.08 Mn |
| Jul 1, 2022 | 7.15 Mn |
| Jul 1, 2022 | 7.15 Mn |
| Apr 1, 2022 | 7.70 Mn |
| Apr 1, 2022 | 7.70 Mn |
| Dec 31, 2021 | 8.24 Mn |
| Dec 31, 2021 | 8.24 Mn |