The Coca-Cola Company Working Capital to Net Assets Ratio
The Coca-Cola Company working capital to net assets ratio. The Coca-Cola Company (KO) has a Working Capital to Net Assets ratio of 20.0% as of June 2026. Working capital of $7.68 Billion (current assets of $32.88 Billion minus current liabilities of $25.20 Billion) is measured against net assets of $38.31 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of The Coca-Cola Company (1985–2025)
Working capital to net assets ratio of The Coca-Cola Company from 1985 to 2025. This chart shows how The Coca-Cola Company's Working Capital to Net Assets ratio has evolved across 41 annual periods from 1985 to 2025. As of June 2026, the ratio stands at 20.0%, reflecting working capital of $7.68 Billion against net assets of $38.31 Billion USD. Explore investment intensity of The Coca-Cola Company to see how much of total assets are deployed in long-term investments.
The Coca-Cola Company Working Capital to Net Assets Ratio by Year (1985–2025)
The Coca-Cola Company working capital to net assets ratio by year from 1985 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for The Coca-Cola Company from 1985 to 2025, covering 41 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see KO asset base.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 28.5% | $9.76 Billion | $34.27 Billion | $31.04 Billion | $21.28 Billion | ▲ +25.6 pp |
| 2024 | 2.8% | $748.00 Million | $26.37 Billion | $26.00 Billion | $25.25 Billion | ▼ -8.7 pp |
| 2023 | 11.5% | $3.16 Billion | $27.48 Billion | $26.73 Billion | $23.57 Billion | ▲ +0.4 pp |
| 2022 | 11.1% | $2.87 Billion | $25.83 Billion | $22.59 Billion | $19.72 Billion | ▲ +0.7 pp |
| 2021 | 10.4% | $2.60 Billion | $24.86 Billion | $22.55 Billion | $19.95 Billion | ▼ -11.4 pp |
| 2020 | 21.8% | $4.64 Billion | $21.28 Billion | $19.24 Billion | $14.60 Billion | ▲ +52.9 pp |
| 2019 | -31.1% | $-6.56 Billion | $21.10 Billion | $20.41 Billion | $26.97 Billion | ▼ -10.9 pp |
| 2018 | -20.2% | $-3.85 Billion | $19.06 Billion | $24.93 Billion | $28.78 Billion | ▼ -69.5 pp |
| 2017 | 49.3% | $9.35 Billion | $18.98 Billion | $36.55 Billion | $27.19 Billion | ▲ +17.1 pp |
| 2016 | 32.2% | $7.48 Billion | $23.22 Billion | $34.01 Billion | $26.53 Billion | ▲ +7.1 pp |
| 2015 | 25.1% | $6.47 Billion | $25.76 Billion | $33.40 Billion | $26.93 Billion | ▲ +23.1 pp |
| 2014 | 2.0% | $612.00 Million | $30.56 Billion | $32.99 Billion | $32.37 Billion | ▼ -8.4 pp |
| 2013 | 10.4% | $3.49 Billion | $33.44 Billion | $31.30 Billion | $27.81 Billion | ▲ +2.9 pp |
| 2012 | 7.6% | $2.51 Billion | $33.17 Billion | $30.33 Billion | $27.82 Billion | ▲ +3.8 pp |
| 2011 | 3.8% | $1.21 Billion | $31.92 Billion | $25.50 Billion | $24.28 Billion | ▼ -6.0 pp |
| 2010 | 9.8% | $3.07 Billion | $31.32 Billion | $21.58 Billion | $18.51 Billion | ▼ -5.3 pp |
| 2009 | 15.1% | $3.83 Billion | $25.35 Billion | $17.55 Billion | $13.72 Billion | ▲ +19.1 pp |
| 2008 | -4.0% | $-812.00 Million | $20.47 Billion | $12.18 Billion | $12.99 Billion | ▲ +1.2 pp |
| 2007 | -5.2% | $-1.12 Billion | $21.74 Billion | $12.11 Billion | $13.22 Billion | ▼ -2.5 pp |
| 2006 | -2.7% | $-449.00 Million | $16.92 Billion | $8.44 Billion | $8.89 Billion | ▼ -5.2 pp |
| 2005 | 2.5% | $414.00 Million | $16.36 Billion | $10.25 Billion | $9.84 Billion | ▼ -4.5 pp |
| 2004 | 7.0% | $1.12 Billion | $15.94 Billion | $12.09 Billion | $10.97 Billion | ▲ +3.4 pp |
| 2003 | 3.6% | $510.00 Million | $14.09 Billion | $8.40 Billion | $7.89 Billion | ▲ +3.5 pp |
| 2002 | 0.1% | $11.00 Million | $11.80 Billion | $7.35 Billion | $7.34 Billion | ▲ +11.2 pp |
| 2001 | -11.1% | $-1.26 Billion | $11.37 Billion | $7.17 Billion | $8.43 Billion | ▲ +17.9 pp |
| 2000 | -29.0% | $-2.70 Billion | $9.32 Billion | $6.62 Billion | $9.32 Billion | ▲ +6.5 pp |
| 1999 | -35.5% | $-3.38 Billion | $9.51 Billion | $6.48 Billion | $9.86 Billion | ▼ -8.6 pp |
| 1998 | -26.9% | $-2.26 Billion | $8.40 Billion | $6.38 Billion | $8.64 Billion | ▼ -7.6 pp |
| 1997 | -19.3% | $-1.41 Billion | $7.31 Billion | $5.97 Billion | $7.38 Billion | ▲ +5.0 pp |
| 1996 | -24.3% | $-1.50 Billion | $6.16 Billion | $5.91 Billion | $7.41 Billion | ▲ +10.9 pp |
| 1995 | -35.2% | $-1.90 Billion | $5.39 Billion | $5.45 Billion | $7.35 Billion | ▼ -16.6 pp |
| 1994 | -18.6% | $-972.00 Million | $5.24 Billion | $5.21 Billion | $6.18 Billion | ▼ -2.5 pp |
| 1993 | -16.1% | $-737.00 Million | $4.58 Billion | $4.43 Billion | $5.17 Billion | ▲ +11.1 pp |
| 1992 | -27.1% | $-1.06 Billion | $3.89 Billion | $4.25 Billion | $5.30 Billion | ▼ -27.7 pp |
| 1991 | 0.6% | $26.60 Million | $4.43 Billion | $4.14 Billion | $4.12 Billion | ▲ +4.6 pp |
| 1990 | -4.0% | $-153.70 Million | $3.85 Billion | $4.14 Billion | $4.30 Billion | ▼ -2.4 pp |
| 1989 | -1.6% | $-54.50 Million | $3.49 Billion | $3.60 Billion | $3.66 Billion | ▼ -13.9 pp |
| 1988 | 12.4% | $376.50 Million | $3.05 Billion | $3.25 Billion | $2.87 Billion | ▲ +11.8 pp |
| 1987 | 0.5% | $17.70 Million | $3.22 Billion | $4.14 Billion | $4.12 Billion | ▼ -27.5 pp |
| 1986 | 28.0% | $984.60 Million | $3.52 Billion | $3.74 Billion | $2.75 Billion | ▼ -4.4 pp |
| 1985 | 32.4% | $966.50 Million | $2.98 Billion | $2.97 Billion | $2.00 Billion | — |