Discontinued — last reported Q4 '23
Global Ventures — Interest Income
Coca-Cola Global Ventures — Interest Income remained flat by 0.0% to $1.50M in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 33.3%, from $2.25M to $1.50M. Over 2 years (FY 2021 to FY 2023), Global Ventures — Interest Income shows a downward trend with a -22.5% 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 reserves or improved yields on financial assets, whereas a decrease may indicate lower cash balances or a lower interest rate environment.
Detailed definition
Represents the revenue generated from cash balances, short-term investments, or loans provided by the Global Ventures se...
Peer comparison
Comparable to 'Interest and Other Financial Income' reported by peers with significant treasury operations or internal financing functions.
ko_segment_global_ventures_interest_incomeHistorical Data
| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $10.00M | $9.00M | $6.00M |
| YoY Change | — | -10.0% | -33.3% |
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Frequently Asked Questions
- What is Coca-Cola's global ventures — interest income?
- Coca-Cola (KO) reported global ventures — interest income of $1.50M in Q4 2023.
- How has Coca-Cola's global ventures — interest income changed year-over-year?
- Coca-Cola's global ventures — interest income decreased by 33.3% year-over-year, from $2.25M to $1.50M.
- What is the long-term trend for Coca-Cola's global ventures — interest income?
- Over 2 years (2021 to 2023), Coca-Cola's global ventures — interest income has grown at a -22.5% compound annual growth rate (CAGR), from $10.00M to $6.00M.
- What does global ventures — interest income mean?
- Earnings generated from the segment's cash holdings or financial investments.