Is it safe?
Can KO take a bad year?
Coca-Cola Company (The) carries $30.5B of net debt at 1.97× EBITDA: a load its earnings can carry.
$30.5B
Net debt · as at Q1 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 1.97×
Net debt / EBITDA · 3.06× a year ago · the load is coming down
- Altman Z-score
- 5.03
Altman Z-score · safe zone, above 3
- Interest cover
- 8.81×
Interest cover · operating profit covers the interest bill several times over
Details›
- Total debtQ1 2026
- $43.8B
- Cash and short-term investments
- $13.3B
- Net debt
- $30.5B
- EBITDA, trailing twelve months
- $15.5B
- Operating profit, trailing twelve months
- $14.5B
- Debt / equity
- 1.30×
- Total debt / EBITDA
- 2.83×
- Annualised volatilitytwo years of daily moves
- 18%
- Worst drawdown on file
- −37%
- Below its 52-week high
- −2.2%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Beverages - Non-Alcoholic
Ranks #2 of 10 by Smart Score