CCEPCoca-Cola Europacific Partners PLC
Is it safe?
Nothing alarming, nothing pristine: comfortable debt (A) and steady price behavior.
Investment-grade balance sheet. A rule of thumb on leverage, not a credit rating.
Relatively steady, low volatility. Worst drawdown -49% · now 3% below its 52-week high.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can CCEP take a bad year?
Coca-Cola Europacific Partners PLC carries $5.32B of net debt as at Q2 2018.
Net debt · as at Q2 2018 · debt less the cash on hand
- Debt / equity
- 0.83×
Debt / equity
- Annualised volatility
- 22%
Annualised volatility · S&P 500 16% · noticeably more jumpy than the market
- Worst drawdown on file
- −49%
Worst drawdown on file · −2.9% today
Details›
- Total debtQ2 2018
- $5.68B
- Cash and short-term investments
- $368M
- Net debt
- $5.32B
- Debt / equity
- 0.83×
- Annualised volatilitytwo years of daily moves
- 22%
- Worst drawdown on file
- −49%
- Below its 52-week high
- 2.9%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
The balance sheet
What it owes against what it owns, and how close that comes to trouble.
How far can it fall?
How much the price moves, how deep and how long its falls have run, and what each unit of risk has paid.