Question
Perform financial analysis of the financial statement of Coca Cola of years 2018 and 2019 by applying different financial ratios and interpreting the results. The
Perform financial analysis of the financial statement of Coca Cola of years 2018 and 2019 by applying different financial ratios and interpreting the results. The statements are available in the Annual report of both years?
fill the table please
| 2018 | 2019 | Interpretation |
Liquidity Ratio |
| ||
Current Ratio | 0.87 | 0.76 |
|
Quick Ratio | 0.76 | 0.63 |
|
Leverage Ratio |
| ||
Debt to Total Asset Ratio |
|
|
|
Debt to Equity Ratio |
|
|
|
Long term Debt to Equity Ratio |
|
|
|
Times Interest Earned Ratio |
|
|
|
Activity Ratio |
| ||
Inventory Turnover |
|
|
|
Fixed Assets Turnover |
|
|
|
Total Assets Turnover |
|
|
|
Account Receivable Turnover |
|
|
|
Average Collection Period |
|
|
|
Profitability Ratio |
| ||
Gross Profit Margin |
|
|
|
Operating Profit Margin |
|
|
|
Net Profit Margin |
|
|
|
Return on Total Assets |
|
|
|
Return on Stockholder's Equity |
|
|
|
Earning Per Shares |
|
|
|
Price Earnings Ratio |
|
|
|
Growth Ratio |
| ||
Sales |
|
|
|
Net Income |
|
|
|
Earning Per share |
|
|
|
Dividends per share |
|
|
|
THE COCA-COLA COMPANY AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF INCOME (In millions except per share data) 2019 2018 37,266 $ 14,619 22,647 12,103 458 10,086 563 Year Ended December 31, Net Operating Revenues Cost of goods sold Gross Profit Selling, general and administrative expenses Other operating charges Operating Income Interest income Interest expense Equity income (loss) - net Other income (loss) - net Income Before Income Taxes Income taxes Consolidated Net Income Less: Net income (loss) attributable to noncontrolling interests Net Income Attributable to Shareowners of The Coca-Cola Company Basic Net Income Per Share Diluted Net Income Per Shard Average Shares Outstanding - Basic Effect of dilutive securities Average Shares Outstanding - Diluted Calculated based on net income attributable to shareowners of The Coca-Cola Company. Refer to Notes to Consolidated Financial Statements. 2017 36,212 13,721 22,491 12,834 1,902 7,755 679 853 1,072 (1,763) 6,890 5,607 1,283 35 34,300 $ 13,067 21,233 11,002 1,079 9,152 689 950 1,008 (1,674) 8,225 1,749 6,476 42 6,434 $ 1.51 $ 946 1,049 34 10,786 1,801 8,985 65 $ S 8,920 $ 2.09 $ 2.07 $ 1,248 0.29 0.29 $ 4,276 38 1.50 $ 4,259 40 4,272 52 4,324 4,314 4,299 THE COCA-COLA COMPANY AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (In millions) 2019 2018 2017 8,985 S 6,476 $ 1,283 (2,035) (34) Year Ended December 31, Consolidated Net Income Other comprehensive income: Net foreign currency translation adjustments Net gains (losses) on derivatives Net change in unrealized gains (losses) on available-for-sale securities Net change in pension and other benefit liabilities Total Comprehensive Income Less: Comprehensive income attributable to noncontrolling interests Total Comprehensive Income Attributable to Shareowners of The Coca-Cola Company Refer to Notes to Consolidated Financial Statements. 74 (54) 18 (159) 8,864 110 861 (433) 188 322 2,221 73 29 4,429 95 $ 8,754 S 4,334 $ 2,148 2019 2013 December 31 ASSETS Current Assets Cash and cash equivalents Short-term investments Total Cash, Cash Equivalents and Short-Term Investments Marketable securities Trade accounts receivable, less allowances of $524 and $501, respectively Inventories Prepaid expenses and other assets Total Current Assets Equity method investments Other investments Other assets Deferred income tax assets Property, plant and equipment-net Trademarks with indefinite lives Bottlers' franchise rights with indefinite lives Goodwill Other intangible assets Total Assets LIABILITIES AND EQUITY Current Liabilities Accounts payable and accrued expenses Loans and notes payable Current maturities of long-term debt Accrued income taxes Total Current Liabilities Long-term debt Other liabilities Deferred income tax liabilities The Coca-Cola Company Shareowners' Equity Common stock, 90.25 par value, authorized - 11,200 shares; issued - 7,040 shares Capital surplus Reinvested earnings Accumulated other comprehensive income (loss) Treasury stock, at cost 2,760 and 2,772 shares, respectively Equity Attributable to Shareowners of The Coca-Cola Company Equity attributable to noncontrolling interests Total Equity Total Liabilities and Equity 6,480 $ 1,467 7,947 3,228 3,971 3,379 1,886 20,411 19.025 854 6,075 2,412 10.838 9,266 109 16,764 627 86.381 $ 9,077 2,025 11,102 5,013 3,685 3,071 2,059 24,930 19,412 867 4,148 2,674 9,598 6,682 51 14,109 745 83,216 $ 9,533 13.815 5,003 11,312 $ 10,994 4.253 414 26,973 27.516 8,510 2,284 28,782 25,376 7,646 2,354 1,760 17.154 65.855 (13.5-44) (52.244) 18,981 2,117 21.098 86.381 $ 1,760 16,520 63,214 (12,814) (51,719) 16,981 2,077 19.05 83,216 $ Refer to Notes to Consolidated Financial Statements. (In millions) 2019 2018 2017 8,985 $ 1,365 201 (280) (421) 91 (467) 127 504 366 10,471 6,476 $ 1.046 225 (413) (457) (50) 743 558 699 (1.240) 1,283 1,260 219 (1,252) (628) 292 1,459 1,218 (252) 7,041 (4.704) 6973 (5,542) 429 2.054) 978 Year Ended December 31, Operating Activities Consolidated net income Depreciation and amortization Stock-based compensation expense Deferred income taxes Equity (income) lossnet of dividends Foreign currency adjustments Significant (gains) losses et Other operating charges Other items Net change in operating assets and liabilities Net Cash Provided by Operating Activities Investing Activities Purchases of investments Proceeds from disposals of investments Acquisitions of businesses, equity method investments and nonmarketable securities Proceeds from disposals of businesses, equity method investments and nonmarketable securities Purchases of property, plant and equipment Proceeds from disposals of property, plant and equipment Other investing activities Net Cash Provided by (Used in) Investing Activities Financing Activities Issuances of debt Paymunis of dele Issuances of stock Purchases of stock for treasury Dividends Other financing activities Net Cash Provided by (Used in) Financing Activities Effect of Exchange Rate Changes on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents Net increase (decrease) in cash, cash equivalents, restricted cash and restricted cash equivalents during the year Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of year Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents at End of Year Less: Restricted cash and restricted cash equivalents at end of year Cash and Cash Equivalents at End of Year Refer to Notes to Consolidated Financial Statements. 17,789) 14977 (1.263) 1,362 (1948) 248 (60) 5.927 (17,296) 16,694 (3,809) 3,821 (1.750) 108 156) (RO) (3.976) (2,312) 23,009 04.850) 1,012 (1,103) (6.845) (227) 19,001) 27.605 (30,600) 1,476 (1,912) (6.644) (272) (10,347) 29,926 (28,871) 1.595 (3,6K2) (6,320) (95) (7,447) (72) (262) 241 9,318 6,737 257 6,4805 2.945 6,373 9318 241 9.077 S (2.477) 8,850 6,373 271 6,102 $ THE COCA-C PANY AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF SHAREOWNERS' EQUITY (In millions except per share data) 2019 2013 2017 4.265 33 4,259 48 (39) 4,288 53 (82) 4.259 1,760 4.280 S 1.760 S 1,760 $ 16.520 15,864 467 225 (36) 16,520 14.993 655 219 201 17,154 15.864 65,502 546 8.920 (6,845) 65.955 60,430 3,014 6,414 16,614) 63,214 1.24 (6,320) 60.430 (10,305) (11,205) Year Ended December 31 Equity Attributable to Shareowners of The Coca-Cola Company Number of Common Shares Outstanding Balance at beginning of year Treasury stock issued to employees related to stock-based compensation plans Purchases of stock for treasury Balance at end of your Common Stock Capital Surplus Balance beginning of year Stock issued to employees related to stock-based compensation plans Stock-based compensation expense Other activities Balance at end of year Reinvested Earnings Balance at beginning of your Adoption of counting standards Net income attributable to shareowners of The Coca-Cola Company Dividends (per share - $1.60 $1.56 and 1.48 in 2019, 2018 and 2017 respectively) Balance end of year Accumulated Other Comprehensive Income (Less) Balance at beginning of your Adoption of accounting standards! Net other comprehensive income loss) Balance at end of year Treasury Stock Balance at beginning of your Treasury stock issued to employees related to stock-based comparation plans Purchases of stock for treasury Balance at end of year Total Equity Attributable to Shareowners of The Coca-Cola Company Equity Attributable to Noncontrolling Interests Balance at beginning of year Net income attributable to concentrolling interests Net foreign currency translation adjustments Dividends paid to non controlling interests Acquisition of interests held by controlling owners Contributions by no controlling interests Business combinations Deconsolidation of certain entities Other activities Total Equity Attributable to Nencontrolling Interests Refer to Note 1, Note Note 4, No 6 and Note 16 Refer to Notes to Consolidated Financial Statements. (12,814) 1564) (166) (13.344) (2,100) (12,814) 900 (10305) (51,719) 501 (1,026) (52.244) 18.9815 (50,677) 704 (1,746) (51,719) 16,981 5 (47.988) 909 (3,598) (50.677) 17,072 s $ 2 65 1,905 $ 42 53 (31) IS 35 38 (15) (48) (84) 101 1.805 (157) 41 1.905 7 $ 2,117 $ 2,077 $
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started