Discontinued — last reported Q4 '23
Corporate — Interest Income
Coca-Cola Corporate — Interest Income remained flat by 0.0% to $213.50M in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 107.8%, from $102.75M to $213.50M. Over 2 years (FY 2021 to FY 2023), Corporate — Interest Income shows an upward trend with a 94.4% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests higher cash balances or improved yields on corporate investments, while a decrease may indicate lower cash reserves or a lower interest rate environment.
Detailed definition
Represents the interest income generated by the corporate treasury function from cash balances, short-term investments,...
Peer comparison
Commonly reported by large-cap multinationals as 'Interest Income' or 'Finance Income' within non-operating items.
ko_segment_corporate_interest_incomeHistorical Data
| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $226.00M | $411.00M | $854.00M |
| YoY Change | — | +81.9% | +107.8% |
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Frequently Asked Questions
- What is Coca-Cola's corporate — interest income?
- Coca-Cola (KO) reported corporate — interest income of $213.50M in Q4 2023.
- How has Coca-Cola's corporate — interest income changed year-over-year?
- Coca-Cola's corporate — interest income increased by 107.8% year-over-year, from $102.75M to $213.50M.
- What is the long-term trend for Coca-Cola's corporate — interest income?
- Over 2 years (2021 to 2023), Coca-Cola's corporate — interest income has grown at a 94.4% compound annual growth rate (CAGR), from $226.00M to $854.00M.
- What does corporate — interest income mean?
- Interest earned on the company's cash and investment holdings.