Dollar Amounts
USD (Millions)
Balance sheet data in USD (millions)
Doing some research...
Over the 2021–2024 period Coca‑Cola’s total assets moved modestly from $94.4b in 2021 to $100.5b in 2024, with a small dip in 2022 ($92.8b) followed by steady recovery in 2023–24. Total liabilities fell from $71.4b in 2021 to $68.7b in 2022, then climbed to $71.8b in 2023 and $75.7b in 2024. Stockholders’ equity increased from $23.0b in 2021 to a peak of $25.9b in 2023, but declined to $24.9b in 2024. In percentage terms the company’s leverage (liabilities/assets) eased from ~75.7% in 2021 to ~73.5% in 2023 before edging back up to ~75.0% in 2024; equity as a share of assets rose to ~26.5% in 2023 then fell to ~24.7% in 2024. The notable fluctuation is the 2024 reversal: assets grew but liabilities rose faster, producing a drop in equity. That pattern can result from increased borrowings, higher payables, or shareholder distributions (dividends/repurchases) outpacing earnings/capital formation. Overall the balance sheet shows a broadly stable, asset‑heavy consumer‑staples profile with moderate leverage; the 2024 uptick in liabilities and dip in equity is worth monitoring (and reconciling with cash flow, financing activity and capital return policies). Note the 2025 row contains zeros and appears to be missing data.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.