Stock Analysis on Net

Keurig Dr Pepper Inc. (NASDAQ:KDP)

This company has been moved to the archive! The financial data has not been updated since July 28, 2022.

Analysis of Liquidity Ratios

Microsoft Excel

Liquidity Ratios (Summary)

Keurig Dr Pepper Inc., liquidity ratios

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Current ratio 0.47 0.31 0.35 0.38
Quick ratio 0.26 0.17 0.19 0.22
Cash ratio 0.09 0.03 0.02 0.02

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. Keurig Dr Pepper Inc. current ratio deteriorated from 2019 to 2020 but then improved from 2020 to 2021 exceeding 2019 level.
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. Keurig Dr Pepper Inc. quick ratio deteriorated from 2019 to 2020 but then improved from 2020 to 2021 exceeding 2019 level.
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. Keurig Dr Pepper Inc. cash ratio improved from 2019 to 2020 and from 2020 to 2021.

Current Ratio

Keurig Dr Pepper Inc., current ratio calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Current assets 3,057 2,388 2,273 2,159
Current liabilities 6,485 7,694 6,474 5,702
Liquidity Ratio
Current ratio1 0.47 0.31 0.35 0.38
Benchmarks
Current Ratio, Competitors2
Altria Group Inc. 0.71 0.79 0.59
Coca-Cola Co. 1.13 1.32 0.76
PepsiCo Inc. 0.83 0.98 0.86
Philip Morris International Inc. 0.92 1.10 1.09
Current Ratio, Sector
Food, Beverage & Tobacco 0.92 1.06 0.85
Current Ratio, Industry
Consumer Staples 0.93 0.93 0.84

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

1 2021 Calculation
Current ratio = Current assets ÷ Current liabilities
= 3,057 ÷ 6,485 = 0.47

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. Keurig Dr Pepper Inc. current ratio deteriorated from 2019 to 2020 but then improved from 2020 to 2021 exceeding 2019 level.

Quick Ratio

Keurig Dr Pepper Inc., quick ratio calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Cash and cash equivalents 567 240 75 83
Restricted cash and restricted cash equivalents 1 15 26 46
Trade accounts receivable, net 1,148 1,048 1,115 1,150
Total quick assets 1,716 1,303 1,216 1,279
 
Current liabilities 6,485 7,694 6,474 5,702
Liquidity Ratio
Quick ratio1 0.26 0.17 0.19 0.22
Benchmarks
Quick Ratio, Competitors2
Altria Group Inc. 0.54 0.56 0.28
Coca-Cola Co. 0.81 0.96 0.56
PepsiCo Inc. 0.56 0.77 0.66
Philip Morris International Inc. 0.44 0.56 0.56
Quick Ratio, Sector
Food, Beverage & Tobacco 0.59 0.72 0.56
Quick Ratio, Industry
Consumer Staples 0.42 0.46 0.38

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

1 2021 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 1,716 ÷ 6,485 = 0.26

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. Keurig Dr Pepper Inc. quick ratio deteriorated from 2019 to 2020 but then improved from 2020 to 2021 exceeding 2019 level.

Cash Ratio

Keurig Dr Pepper Inc., cash ratio calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Cash and cash equivalents 567 240 75 83
Restricted cash and restricted cash equivalents 1 15 26 46
Total cash assets 568 255 101 129
 
Current liabilities 6,485 7,694 6,474 5,702
Liquidity Ratio
Cash ratio1 0.09 0.03 0.02 0.02
Benchmarks
Cash Ratio, Competitors2
Altria Group Inc. 0.53 0.55 0.26
Coca-Cola Co. 0.63 0.75 0.41
PepsiCo Inc. 0.23 0.41 0.28
Philip Morris International Inc. 0.23 0.37 0.36
Cash Ratio, Sector
Food, Beverage & Tobacco 0.37 0.49 0.35
Cash Ratio, Industry
Consumer Staples 0.30 0.34 0.25

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

1 2021 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 568 ÷ 6,485 = 0.09

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. Keurig Dr Pepper Inc. cash ratio improved from 2019 to 2020 and from 2020 to 2021.