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Coca Cola Co  (KO)
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Coca Cola Co's Quick Ratio

KO's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


Coca Cola Co's Cash & cash equivalent grew by 20.97 % in the IV Quarter 2023 sequentially, while Current Liabilities decreased, this led to improvement in Coca Cola Co's Quick Ratio to 0.18, Quick Ratio remained below Coca Cola Co average.

Within Nonalcoholic Beverages industry Coca Cola Co booked the highest Quick Ratio than Coca Cola Co in the forth quarter 2023. While Quick Ratio total ranking has improved so far during the IV Quarter 2023 to 712, from total ranking in the third quarter 2023 at 3234.

Explain Quick Ratio?
How much Cash & cash equivalents KO´s has?
What are KO´s Current Liabilities?


KO Quick Ratio (Dec 31 2023)
IV. Quarter
(Sep 29 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities Change 19.5 % 13.85 % 17.46 % 24.33 % -1.13 %
Y / Y Cash & cash equivalent Change 103.46 % 14.84 % 18.43 % -14.36 % -28.19 %
Quick Ratio MRQ 0.18 0.15 0.13 0.1 0.11
KO's Total Ranking # 712 # 3234 # 388 # 227 # 2073
Seq. Current Liabilities Change -3.43 % 1.22 % 3.25 % 18.42 % -8 %
Seq. Cash & cash equivalent Change 20.97 % 13.48 % 36.62 % 8.48 % -31.72 %



Quick Ratio forth quarter 2023 Company Ranking
Within: No.
Nonalcoholic Beverages Industry # 1
Consumer Non Cyclical Sector # 27
Overall Market # 712


Quick Ratio Statistics
High Average Low
1.27 0.51 0.1
(Jun 29 2018)   (Mar 31 2023)




Financial Statements
Coca Cola Co's Current Liabilities $ 23,571 Millions Visit KO's Balance sheet
Coca Cola Co's Cash & cash equivalent $ 4,297 Millions Visit KO's Balance sheet
Source of KO's Sales Visit KO's Sales by Geography


Cumulative Coca Cola Co's Quick Ratio

KO's Quick Ratio for the trailling 12 Months

KO Quick Ratio

(Dec 31 2023)
IV. Quarter
(Sep 29 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities TTM Growth 19.5 % 13.85 % 17.46 % 24.33 % -1.13 %
Y / Y Cash & cash equivalent TTM Growth 103.46 % 14.84 % 18.43 % -14.36 % -28.19 %
Quick Ratio TTM 0.14 0.12 0.12 0.12 0.13
Total Ranking TTM # 2182 # 2305 # 4001 # 3993 # 859
Seq. Current Liabilities TTM Growth -3.43 % 1.22 % 3.25 % 18.42 % -8 %
Seq. Cash & cash equivalent TTM Growth 20.97 % 13.48 % 36.62 % 8.48 % -31.72 %


On the trailing twelve months basis KO Cash & cash equivalent more than doubled by 103.46 % in IV Quarter 2023 year on year, faster than Current Liabilities, this led to increase in in Coca Cola Co's Quick Ratio to 0.14, Quick Ratio remained below KO average.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Nonalcoholic Beverages industry 14 other companies have achieved higher Quick Ratio than Coca Cola Co. While Quick Ratio overall ranking has improved so far to 2182, from total ranking during the twelve months ending third quarter 2023 at 2305.

Explain Quick Ratio?
How much Cash & cash equivalents KO´s has?
What are KO´s Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Nonalcoholic Beverages Industry # 15
Consumer Non Cyclical Sector # 104
Within the Market # 2182


trailing twelve months Quick Ratio Statistics
High Average Low
0.91 0.49 0.12
(Sep 29 2017)   (Mar 31 2023)




Companies with similar Quick Ratio in the quarter ending Dec 31 2023, within Nonalcoholic Beverages Industry Quick RatioDec 31 2023 MRQ Cash & cash equivalentDec 31 2023 MRQ Current Liabilities
Andina Bottling Co Inc  0.50 $ 503.962  Millions$ 1,006.091  Millions
Ambev S a   0.39 $ 3,051.210  Millions$ 7,790.969  Millions
The Duckhorn Portfolio Inc   0.19 $ 13.139  Millions$ 68.591  Millions
Coca Cola Co  0.18 $ 4,297.000  Millions$ 23,571.000  Millions
Westrock Coffee Company  0.16 $ 37.196  Millions$ 239.635  Millions
Brc Inc   0.15 $ 12.448  Millions$ 84.109  Millions
Coca cola Europacific Partners Plc  0.15 $ 1,654.240  Millions$ 11,307.520  Millions

Date modified: 2024-02-21T14:59:03+00:00



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