Coca-Cola Company (The) — Earnings Quality Grade F
KO · Consumer Defensive
Major red flags
Screening Summary
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 23 days, change -5 days YoY
AR growth -14.9% vs revenue growth 1.9%
Revenue 1.9%, CFFO 8.9%. Cash follows revenue
Expense Quality
Inventory -6.4% vs COGS 0.4%. Normal
CapEx growth 2.3% vs revenue 1.9%. Normal
SG&A/Gross Profit = 49.2%. Normal
Gross margin 61.6%, change +0.6pp. Stable
Cash Flow Quality
CFFO/NI = 0.57. Below 1.0
FCF < 50% of Net Income for 2 years
Accruals ratio = 5.4%. Elevated
Cash $15.8B covers only 35% of debt $45.5B
Balance Sheet Health
Goodwill+Intangibles $28.0B = 87% of equity. Over 50%
Debt/EBITDA = 2.4x. Healthy
Other assets 9.6% vs revenue 1.9%. Normal
Write-offs up 91% YoY
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change -11% YoY. Normal
Manipulation Score
M-Score = -2.35 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-08