Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|
Assets | $87,296 | $94,354 | $92,763 | $97,703 | $100,549 |
Liabilities | $67,997 | $71,355 | $68,658 | $71,762 | $75,693 |
Equity | $19,299 | $22,999 | $24,105 | $25,941 | $24,856 |
Edwyn
Over the past five years, Coca Cola Co has shown steady growth in its total assets, increasing from $87.3 billion in 2020 to $100.5 billion in 2024. This growth indicates the company's ability to expand its operations and invest in various opportunities. However, there was a slight dip in total assets in 2022, which could be a result of strategic decisions or market conditions. Total liabilities have also shown an upward trend, rising from $68 billion in 2020 to $75.7 billion in 2024. This increase suggests that the company has taken on more debt to finance its growth or operations. On the other hand, stockholders' equity has fluctuated over the years, reaching its peak in 2023 at $25.9 billion. The decrease in equity in 2024 could be due to factors such as share buybacks or changes in retained earnings. Overall, Coca Cola Co's financial position seems strong, with a healthy balance sheet and consistent growth in assets. The company's ability to manage its liabilities while maintaining a solid equity base is commendable. These financial trends align with the beverage industry's competitive landscape, where companies often focus on innovation and market expansion to drive growth. It will be crucial for Coca Cola Co to continue monitoring its financial metrics and adapt to market dynamics to sustain its positive trajectory.
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.