The Coca-Cola Company (KO) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 30.39B | 31.04B | 27.25B | 26.61B | 26.18B | 26B | 30.29B | 31.6B | 29.46B | 26.73B | 27.87B | 27.59B | 26.88B | 22.59B | 24.14B | 23.14B | 22.16B | 22.55B | 24.24B | 22.48B |
| Cash & Short-Term Investments | 11.08B | 13.87B | 15.78B | 14.3B | 13.79B | 14.57B | 18.16B | 18.99B | 16.92B | 13.66B | 15.44B | 15.69B | 14.29B | 11.63B | 13.22B | 11.62B | 10.36B | 12.63B | 14.87B | 13.04B |
| Cash Only | 10.57B | 10.27B | 12.73B | 9.59B | 8.42B | 10.83B | 13.94B | 13.71B | 10.44B | 9.37B | 11.88B | 12.56B | 12B | 9.52B | 10.13B | 8.98B | 7.68B | 9.68B | 11.3B | 9.19B |
| Short-Term Investments | 509M | 3.6B | 3.05B | 4.71B | 5.37B | 3.74B | 4.23B | 5.29B | 6.48B | 4.3B | 3.55B | 3.13B | 2.29B | 2.11B | 3.09B | 2.64B | 2.67B | 2.94B | 3.57B | 3.85B |
| Accounts Receivable | 3.67B | 3.04B | 3.95B | 4.17B | 4.09B | 3.57B | 4.23B | 4.54B | 4.24B | 3.41B | 3.5B | 3.97B | 4.6B | 3.49B | 3.99B | 4.49B | 4.64B | 3.51B | 3.89B | 4.04B |
| Days Sales Outstanding | 25.03 | 28.36 | 29.64 | 29.98 | 29.94 | 32.1 | 33.69 | 32.35 | 30.14 | 29.6 | 28.42 | 32.57 | 33.14 | 33.99 | 34.91 | 36.7 | 35.36 | 35.58 | 35.91 | 35.03 |
| Inventory | 4.73B | 4.42B | 4.8B | 5.08B | 5.1B | 4.73B | 4.71B | 4.76B | 4.96B | 4.42B | 4.25B | 4.65B | 4.73B | 4.23B | 3.71B | 3.62B | 3.74B | 3.41B | 3.18B | 3.28B |
| Days Inventory Outstanding | 92.14 | 93.77 | 93.75 | 98.3 | 102.72 | 97.22 | 92.45 | 91.95 | 98.61 | 87.06 | 86.94 | 86.82 | 93.4 | 80.94 | 73.03 | 69.35 | 79.58 | 73.41 | 73.94 | 79.74 |
| Other Current Assets | 10.9B | 9.71B | 2.72B | 3.06B | 3.2B | 3.13B | 3.18B | 3.3B | 3.34B | 5.24B | 4.68B | 3.28B | 3.26B | 3.24B | 3.22B | 3.41B | 3.42B | 2.99B | 2.3B | 2.12B |
| Total Non-Current Assets | 73.83B | 73.77B | 78.8B | 77.72B | 75.54B | 74.55B | 75.98B | 69.6B | 69.93B | 70.97B | 69.71B | 70.86B | 70.52B | 70.17B | 68.33B | 70.03B | 71.91B | 71.81B | 66.37B | 67.71B |
| Property, Plant & Equipment | 9.52B | 9.61B | 10.9B | 10.78B | 10.43B | 11.48B | 9.86B | 9.51B | 9.31B | 9.24B | 8.86B | 9.71B | 9.85B | 9.84B | 9.24B | 9.46B | 9.78B | 9.92B | 10.06B | 10.55B |
| Fixed Asset Turnover | 1.30x | 1.15x | 1.15x | 1.18x | 1.02x | 1.08x | 1.22x | 1.31x | 1.22x | 1.20x | 1.29x | 1.22x | 1.12x | 1.06x | 1.18x | 1.18x | 1.06x | 0.95x | 0.97x | 0.95x |
| Goodwill | 15.41B | 15.49B | 18.66B | 18.66B | 18.33B | 18.14B | 18.69B | 18.32B | 18.21B | 18.36B | 18.14B | 18.55B | 18.68B | 18.78B | 18.33B | 18.91B | 19.6B | 19.36B | 17.45B | 17.69B |
| Intangible Assets | 12.46B | 12.53B | 13.52B | 13.62B | 13.43B | 13.3B | 14.06B | 13.98B | 14.02B | 14.87B | 14.74B | 14.94B | 14.9B | 14.85B | 14.62B | 14.98B | 15.14B | 15.25B | 10.95B | 11.21B |
| Long-Term Investments | 20.4B | 20.23B | 20.32B | 19.38B | 19.27B | 19.27B | 19.34B | 19.37B | 20.05B | 19.79B | 19.69B | 22.79B | 22.27B | 18.77B | 18.3B | 21.44B | 18.99B | 18.42B | 19.18B | 19.42B |
| Other Non-Current Assets | 14.89B | 14.7B | 14.13B | 13.96B | 12.76B | 11.03B | 12.6B | 7.01B | 6.88B | 7.16B | 6.7B | 3.22B | 3.13B | 6.19B | 6.13B | 3.4B | 6.39B | 6.73B | 6.49B | 6.55B |
| Total Assets | 104.22B | 104.82B | 106.05B | 104.33B | 101.72B | 100.55B | 106.27B | 101.2B | 99.39B | 97.7B | 97.58B | 98.46B | 97.4B | 92.76B | 92.47B | 93.17B | 94.06B | 94.35B | 90.61B | 90.19B |
| Asset Turnover | 0.12x | 0.11x | 0.12x | 0.12x | 0.11x | 0.11x | 0.11x | 0.12x | 0.11x | 0.11x | 0.12x | 0.12x | 0.12x | 0.11x | 0.12x | 0.12x | 0.11x | 0.10x | 0.11x | 0.11x |
| Asset Growth % | 2.46% | 4.24% | -0.21% | 3.09% | 2.34% | 2.91% | 8.9% | 2.79% | 2.04% | 5.33% | 5.52% | 5.67% | 3.55% | -1.69% | 2.06% | 3.3% | 4.52% | 8.09% | -6.77% | -4.75% |
| Total Current Liabilities | 22.38B | 21.28B | 22.5B | 21.94B | 23.81B | 25.25B | 28.57B | 29.26B | 28.36B | 23.57B | 24.41B | 24.11B | 23.36B | 19.72B | 21.44B | 20.53B | 18.79B | 19.95B | 15.99B | 15.3B |
| Accounts Payable | 0 | 14.81B | 17.69B | 17.03B | 16.33B | 21.71B | 23.82B | 21.75B | 19.23B | 15.48B | 16.84B | 16.48B | 15.59B | 15.75B | 16.1B | 14.21B | 13.27B | 14.62B | 12.83B | 12.12B |
| Days Payables Outstanding | - | 330.35 | 329.34 | 322.02 | 397.57 | 468.87 | 444.58 | 387.54 | 364.82 | 324.34 | 325.54 | 297.12 | 326.71 | 324.66 | 302.1 | 258.92 | 310.2 | 305.51 | 285.49 | 276.98 |
| Short-Term Debt | 4.83B | 3.37B | 4.24B | 4.47B | 5.58B | 2.15B | 3.27B | 5.73B | 7.45B | 6.52B | 6B | 6B | 6.27B | 2.77B | 4.13B | 5.15B | 4.65B | 4.64B | 2.31B | 2.2B |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 17.55B | 2.57B | 0 | 0 | 166M | 0 | 0 | 157M | 191M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Ratio | 1.36x | 1.46x | 1.21x | 1.21x | 1.10x | 1.03x | 1.06x | 1.08x | 1.04x | 1.13x | 1.14x | 1.14x | 1.15x | 1.15x | 1.13x | 1.13x | 1.18x | 1.13x | 1.52x | 1.47x |
| Quick Ratio | 1.15x | 1.25x | 1.00x | 0.98x | 0.89x | 0.84x | 0.90x | 0.92x | 0.86x | 0.95x | 0.97x | 0.95x | 0.95x | 0.93x | 0.95x | 0.95x | 0.98x | 0.96x | 1.32x | 1.25x |
| Cash Conversion Cycle | - | -208.22 | -205.95 | -193.75 | -264.91 | -339.55 | -318.43 | -263.25 | -236.06 | -207.68 | -210.19 | -177.73 | -200.17 | -209.73 | -194.16 | -152.86 | -195.27 | -196.51 | -175.64 | -162.21 |
| Total Non-Current Liabilities | 46.1B | 49.26B | 50.28B | 52.21B | 50.15B | 48.93B | 49.54B | 44.53B | 43.09B | 46.65B | 45.34B | 46.79B | 47.18B | 47.21B | 46.6B | 47.84B | 48.44B | 49.54B | 50.48B | 50.64B |
| Long-Term Debt | 39.06B | 42.12B | 43.18B | 44.98B | 43.53B | 42.38B | 42.99B | 38.09B | 35.1B | 35.55B | 34.18B | 35.63B | 36.13B | 36.38B | 35.46B | 36.76B | 37.05B | 38.12B | 39.39B | 39.8B |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 923M | 0 | 0 | 0 | 1B | 0 | 0 | 0 | 1.11B | 0 | 0 | 0 | 1.16B | 0 | 0 |
| Deferred Tax Liabilities | 2.62B | 2.41B | 2.44B | 2.38B | 2.31B | 2.47B | 2.29B | 2.37B | 2.52B | 2.64B | 2.73B | 2.71B | 3.17B | 2.91B | 3.12B | 3.03B | 3.13B | 2.82B | 2.69B | 2.49B |
| Other Non-Current Liabilities | 4.42B | 4.74B | 4.67B | 4.86B | 4.31B | 3.16B | 4.26B | 4.08B | 5.46B | 7.46B | 8.43B | 8.45B | 7.87B | 6.81B | 8.01B | 8.05B | 8.25B | 7.45B | 8.4B | 8.35B |
| Total Liabilities | 68.48B | 70.54B | 72.78B | 74.15B | 73.96B | 74.18B | 78.11B | 73.79B | 71.45B | 70.22B | 69.75B | 70.9B | 70.54B | 66.94B | 68.03B | 68.37B | 67.22B | 69.49B | 66.47B | 65.94B |
| Total Debt | 43.89B | 45.49B | 47.42B | 49.45B | 49.11B | 45.45B | 46.26B | 43.82B | 42.55B | 43.06B | 40.17B | 41.63B | 42.4B | 40.26B | 39.59B | 41.9B | 41.7B | 43.92B | 41.71B | 42.01B |
| Net Debt | 33.32B | 35.22B | 34.68B | 39.86B | 40.69B | 34.62B | 32.33B | 30.11B | 32.11B | 33.7B | 28.29B | 29.06B | 30.4B | 30.74B | 29.46B | 32.92B | 34.02B | 34.24B | 30.41B | 32.82B |
| Debt / Equity | 1.23x | 1.33x | 1.43x | 1.64x | 1.77x | 1.72x | 1.64x | 1.60x | 1.52x | 1.57x | 1.44x | 1.51x | 1.58x | 1.56x | 1.62x | 1.69x | 1.55x | 1.77x | 1.73x | 1.73x |
| Debt / EBITDA | 9.49x | 21.90x | 11.16x | 10.85x | 12.51x | 15.22x | 16.65x | 15.10x | 17.71x | 16.93x | 11.28x | 15.52x | 11.61x | 16.90x | 11.66x | 15.73x | 11.18x | 21.82x | 12.79x | 12.36x |
| Net Debt / EBITDA | 7.21x | 16.96x | 8.16x | 8.74x | 10.37x | 11.60x | 11.64x | 10.38x | 13.36x | 13.25x | 7.95x | 10.84x | 8.32x | 12.91x | 8.68x | 12.36x | 9.12x | 17.01x | 9.33x | 9.66x |
| Interest Coverage | 11.62x | 7.87x | 11.70x | 11.78x | 11.48x | 7.51x | 8.95x | 8.24x | 11.14x | 7.01x | 10.61x | 8.70x | 11.90x | 9.22x | 18.39x | 12.54x | 20.00x | 18.94x | 15.69x | 5.64x |
| Total Equity | 35.73B | 34.27B | 33.27B | 30.18B | 27.75B | 26.37B | 28.15B | 27.41B | 27.95B | 27.48B | 27.83B | 27.55B | 26.87B | 25.83B | 24.44B | 24.8B | 26.84B | 24.86B | 24.13B | 24.25B |
| Equity Growth % | 28.75% | 29.97% | 18.16% | 10.11% | -0.69% | -4.03% | 1.15% | -0.51% | 4.01% | 6.4% | 13.9% | 11.08% | 0.1% | 3.89% | 1.26% | 2.26% | 20.19% | 16.8% | 18.79% | 26.4% |
| Book Value per Share | 8.28 | 7.95 | 7.71 | 7.00 | 6.43 | 6.10 | 6.51 | 6.35 | 6.47 | 6.35 | 6.41 | 6.35 | 6.18 | 5.94 | 5.62 | 5.70 | 6.16 | 5.72 | 5.56 | 5.59 |
| Total Shareholders' Equity | 33.63B | 32.17B | 31.25B | 28.59B | 26.2B | 24.86B | 26.52B | 25.85B | 26.43B | 25.94B | 26.32B | 26.01B | 25.22B | 24.11B | 22.8B | 23B | 24.84B | 23B | 22.18B | 22.25B |
| Common Stock | 1.76B | 1.76B | 1.76B | 1.76B | 1.76B | 1.76B | 1.76B | 1.76B | 1.76B | 1.76B | 1.76B | 1.76B | 1.76B | 1.76B | 1.76B | 1.76B | 1.76B | 1.76B | 1.76B | 1.76B |
| Retained Earnings | 82.03B | 80.38B | 80.31B | 78.8B | 77.19B | 76.05B | 75.95B | 75.19B | 74.87B | 73.78B | 73.79B | 72.69B | 72.14B | 71.02B | 70.89B | 69.97B | 69.97B | 69.09B | 68.49B | 67.84B |
| Treasury Stock | -56.42B | -56.42B | -56.35B | -56.19B | -56.14B | -55.92B | -55.36B | -55.11B | -55.02B | -54.53B | -53.49B | -53.42B | -53.25B | -52.6B | -52.67B | -52.51B | -51.93B | -51.64B | -51.75B | -51.83B |
| Accumulated OCI | -14.04B | -14.13B | -14.95B | -15.76B | -16.48B | -16.84B | -15.54B | -15.46B | -14.5B | -14.28B | -14.81B | -14.02B | -14.32B | -14.89B | -15.87B | -14.8B | -13.34B | -14.33B | -14.25B | -13.3B |
| Minority Interest | 2.1B | 2.11B | 2.02B | 1.6B | 1.55B | 1.52B | 1.64B | 1.56B | 1.52B | 1.54B | 1.51B | 1.54B | 1.65B | 1.72B | 1.63B | 1.8B | 2B | 1.86B | 1.95B | 2.01B |