What Does Coca-Cola Europacific's Debt Look Like?
Portfolio Pulse from Benzinga Insights
Coca-Cola Europacific Inc. (NASDAQ:CCEP) has seen its shares rise by 14.49% in the past three months. The company's total debt stands at $7.21 billion, with long-term debt at $6.31 billion and current debt at $897.04 million. Adjusted for $354.77 million in cash-equivalents, the net debt is $6.85 billion. The debt-ratio is 0.34, considering the company's $20.98 billion in total assets.
June 23, 2023 | 7:46 pm
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Coca-Cola Europacific's shares have risen 14.49% in the past three months, with a total debt of $7.21 billion and a debt-ratio of 0.34.
Coca-Cola Europacific's debt levels are important for investors to consider, as they can impact the company's financial stability and growth potential. The debt-ratio of 0.34 indicates a moderate level of debt relative to assets, which may not have a significant short-term impact on the stock price. However, investors should monitor the company's debt levels and financial performance to assess any potential risks.
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