CCEPCoca-Cola Europacific Partners PLC
Is it safe?
Nothing alarming, nothing pristine: comfortable debt (A) and steady price behavior.
Investment-grade balance sheet. A rule of thumb on leverage, not a credit rating.
Relatively steady, low volatility. Worst drawdown -49% · now 6% below its 52-week high.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can CCEP take a bad year?
The deepest fall in CCEP's price history on file is −49%; it is 6.5% below its high today.
Net debt · as at Q2 2018 · debt less the cash on hand
- Interest cover
- 8.61×
Interest cover · operating profit covers the interest bill several times over
- Annualised volatility
- 22%
Annualised volatility · about as steady as the market itself
- Worst drawdown on file
- −49%
Worst drawdown on file · −6.5% today
Details›
- Total debtQ2 2018
- $5.68B
- Cash and short-term investments
- $368M
- Net debt
- $5.32B
- Operating profit, trailing twelve months
- $1.24B
- Debt / equity
- 0.83×
- Annualised volatilitytwo years of daily moves
- 22%
- Worst drawdown on file
- −49%
- Below its 52-week high
- 6.5%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.