Coca-Cola FEMSA, S.A.B. de C.V. (KOF) Balance Sheet

NYSE: KOFAssets, liabilities, debt and equity over 10 years.

KOF balance sheet, 2025

December 31, 2025 · Mexican pesos

MX$314.54B assets = MX$160.51B liabilities + MX$154.03B equity

Both columns are drawn to the same scale: what KOF owns equals what it owes plus shareholders’ equity. Hover a block for its value.

KOF financial health

Current ratio1.12

Adequate · current assets cover current liabilities 1.12×

Debt / equity0.57

Moderate leverage · MX$0.57 of debt for each $1 of equity

Equity / assets46.5%

Equity-funded · of assets funded by shareholders

Cash / debt34.6%

Low cash cover · cash & short-term investments vs total debt

Goodwill & intangibles32.5%

Acquisition-heavy · of total assets

Descriptive bands, not a rating. Fiscal 2025.

KOF balance sheet trends, 2016–2025

Coca-Cola FEMSA, S.A.B. de C.V. balance sheet trends
Metric	Then	Latest	Change
Total assets	MX$279.26B2016	MX$314.54B2025	+1.3%/yr
Total liabilities	MX$150.02B2016	MX$160.51B2025	+0.8%/yr
Shareholders’ equity	MX$122.14B2016	MX$146.20B2025	+2.0%/yr
Cash & short-term investments	MX$11.99B2016	MX$28.57B2025	+10.1%/yr
Total debt	MX$88.91B2016	MX$82.68B2025	−0.8%/yr
Net cash (debt)	−MX$76.92B2016	−MX$54.11B2025	+MX$22.8B
Working capital	MX$5.58B2016	MX$7.81B2025	+MX$2.2B
Current ratio	1.142016	1.122025	−0.02
Debt / equity	0.732016	0.572025	−0.16
Shares outstanding	207.5M2016	210.1M2025	+0.1%/yr

Change is the average annual growth (CAGR) or the difference between the first and latest year.

KOF assets

Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current

KOF liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

KOF debt vs cash

Total debtCash & ST investmentsNet cash (debt)

Debt includes short- and long-term borrowings and, where reported, lease obligations.

KOF balance sheet in Mexican pesos

Coca-Cola FEMSA, S.A.B. de C.V. annual balance sheet
	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Assets
Cash & short-term investments	MX$28.57B	MX$33.13B	MX$31.36B	MX$40.52B	MX$47.25B	MX$43.57B	MX$20.58B	MX$24.53B	MX$19.50B	MX$11.99B
Cash & equivalents	MX$28.43B	MX$33.13B	MX$31.36B	MX$40.52B	MX$47.25B	MX$43.57B	MX$20.58B	MX$23.82B	MX$19.27B	MX$11.25B
Short-term investments	MX$144.0M	MX$0	MX$696.0M	MX$2.91B	MX$153.0M	—	MX$517.0M	MX$707.0M	MX$233.0M	MX$737.0M
Receivables	MX$29.84B	MX$25.40B	MX$23.17B	MX$22.23B	MX$13.01B	MX$16.99B	MX$23.04B	MX$20.89B	MX$22.75B	MX$19.38B
Inventory	MX$14.01B	MX$15.78B	MX$12.67B	MX$13.37B	MX$11.96B	MX$11.23B	MX$11.78B	MX$11.36B	MX$12.75B	MX$13.68B
Other current assets	MX$2.14B	MX$822.0M	MX$531.0M	MX$3.10B	MX$8.14B	MX$645.0M	MX$1.40B	MX$710.0M	MX$656.0M	MX$413.0M
Total current assets	MX$74.57B	MX$75.13B	MX$67.74B	MX$79.21B	MX$80.36B	MX$72.44B	MX$56.80B	MX$57.49B	MX$55.66B	MX$45.45B
Property, plant & equipment (net)	MX$113.17B	MX$104.11B	MX$82.55B	MX$74.25B	MX$63.66B	MX$60.91B	MX$62.77B	MX$62.17B	MX$76.09B	MX$65.46B
Goodwill & intangible assets	MX$102.36B	MX$101.88B	MX$101.16B	MX$103.12B	MX$102.17B	MX$103.97B	MX$112.05B	MX$116.80B	MX$124.24B	MX$123.96B
Long-term investments	MX$10.59B	MX$10.23B	MX$9.25B	MX$8.45B	MX$7.49B	MX$7.62B	MX$9.95B	MX$10.74B	MX$12.86B	MX$22.48B
Other non-current assets	MX$13.86B	MX$16.63B	MX$12.82B	MX$12.96B	MX$17.88B	MX$18.12B	MX$16.27B	MX$16.57B	MX$16.82B	MX$21.90B
Total assets	MX$314.54B	MX$307.99B	MX$273.52B	MX$278.00B	MX$271.57B	MX$263.07B	MX$257.84B	MX$263.79B	MX$285.68B	MX$279.26B
Liabilities
Accounts payable	MX$31.90B	MX$33.77B	MX$27.35B	MX$26.84B	MX$22.75B	MX$17.20B	MX$19.83B	MX$19.75B	MX$19.96B	MX$21.49B
Short-term debt	MX$8.57B	MX$4.20B	MX$892.0M	MX$9.00B	MX$3.07B	MX$5.58B	MX$11.97B	MX$11.60B	MX$12.17B	MX$3.05B
Deferred revenue	—	—	MX$10.23B	—	—	—	—	MX$7.21B	—	—
Total current liabilities	MX$66.76B	MX$67.17B	MX$54.92B	MX$57.96B	MX$46.22B	MX$42.84B	MX$51.01B	MX$45.52B	MX$55.59B	MX$39.87B
Long-term debt	MX$74.11B	MX$72.68B	MX$66.84B	MX$71.81B	MX$84.22B	MX$83.21B	MX$59.39B	MX$70.20B	MX$71.19B	MX$85.86B
Lease obligations	MX$2.90B	MX$3.18B	MX$2.52B	MX$2.13B	MX$1.50B	MX$1.31B	MX$1.38B	MX$10.0M	MX$0	MX$0
Other long-term liabilities	MX$19.65B	MX$17.60B	MX$18.06B	MX$16.35B	MX$13.55B	MX$14.56B	MX$17.75B	MX$16.31B	MX$18.18B	MX$24.30B
Total liabilities	MX$160.51B	MX$157.44B	MX$139.81B	MX$146.12B	MX$144.00B	MX$140.61B	MX$128.15B	MX$132.04B	MX$144.97B	MX$150.02B
Shareholders' equity
Common stock & paid-in capital	MX$933.6M	MX$933.6M	MX$933.6M	MX$933.6M	MX$2.06B	MX$2.06B	MX$2.06B	MX$2.06B	MX$2.06B	MX$2.05B
Retained earnings (deficit)	MX$115.34B	MX$106.96B	MX$96.00B	MX$88.66B	MX$81.04B	MX$75.92B	MX$75.82B	MX$71.27B	MX$61.79B	MX$81.42B
Treasury stock	—	—	—	—	—	—	MX$0	MX$0	MX$0	MX$0
Accumulated other comprehensive income	−MX$16.76B	−MX$11.15B	−MX$16.60B	−MX$10.90B	−MX$4.97B	−MX$6.66B	−MX$506.0M	MX$6.05B	MX$13.16B	−MX$2.82B
Minority interest	MX$7.83B	MX$7.11B	MX$6.68B	MX$6.49B	—	—	MX$0	MX$0	MX$0	MX$0
Total shareholders' equity	MX$146.20B	MX$143.43B	MX$127.03B	MX$125.39B	MX$127.57B	MX$116.87B	MX$122.93B	MX$124.94B	MX$122.57B	MX$122.14B
Key figures
Total debt	MX$82.68B	MX$79.18B	MX$69.50B	MX$82.47B	MX$87.29B	MX$89.53B	MX$72.26B	MX$81.81B	MX$83.36B	MX$88.91B
Net cash (debt)	−MX$54.11B	−MX$46.05B	−MX$38.14B	−MX$41.95B	−MX$40.04B	−MX$45.96B	−MX$51.68B	−MX$57.27B	−MX$63.86B	−MX$76.92B
Working capital	MX$7.81B	MX$7.96B	MX$12.82B	MX$21.25B	MX$34.14B	MX$29.59B	MX$5.79B	MX$11.97B	MX$63.0M	MX$5.58B
Tangible book value	MX$43.84B	MX$41.55B	MX$25.86B	MX$22.26B	MX$25.40B	MX$12.90B	MX$10.88B	MX$8.14B	−MX$1.67B	−MX$1.83B
Shares outstanding	210.1M	210.1M	210.1M	210.1M	210.1M	210.1M	210.1M	210.1M	210.1M	207.5M
Current ratio	1.12	1.12	1.23	1.37	1.74	1.69	1.11	1.26	1.00	1.14
Quick ratio	0.88	0.87	0.99	1.08	1.30	1.41	0.86	1.00	0.76	0.79
Debt / equity	0.57	0.55	0.55	0.66	0.68	0.77	0.59	0.65	0.68	0.73
Equity / assets	46.5%	46.6%	46.4%	45.1%	47.0%	44.4%	47.7%	47.4%	42.9%	43.7%

Coca-Cola FEMSA, S.A.B. de C.V. quarterly balance sheet
	Jun '26	Mar '26	Dec '25	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24	Mar '24	Dec '23	Sep '23
Assets
Cash & short-term investments	MX$43.03B	MX$41.35B	MX$28.57B	MX$35.36B	MX$37.50B	MX$30.84B	MX$33.13B	MX$41.84B	MX$38.58B	MX$35.36B	MX$31.06B	MX$38.78B
Cash & equivalents	MX$43.03B	MX$41.35B	MX$28.43B	MX$35.36B	MX$37.50B	MX$30.84B	MX$33.13B	MX$41.84B	MX$38.58B	MX$35.36B	MX$31.06B	MX$38.78B
Short-term investments	—	MX$144.0M	MX$144.0M	MX$842.7M	MX$569.1M	MX$1.10B	MX$946.0M	MX$1.24B	MX$41.16B	MX$37.52B	—	MX$2.42B
Receivables	MX$27.31B	MX$26.59B	MX$29.84B	MX$25.17B	MX$22.92B	MX$23.99B	MX$25.40B	MX$21.91B	MX$21.24B	MX$21.14B	MX$23.23B	MX$18.40B
Inventory	MX$14.64B	MX$14.81B	MX$14.01B	MX$13.91B	MX$14.98B	MX$15.05B	MX$15.78B	MX$13.97B	MX$12.41B	MX$12.18B	MX$11.88B	MX$11.59B
Other current assets	MX$5.12B	MX$3.39B	MX$2.14B	MX$2.68B	MX$3.13B	MX$3.15B	MX$822.0M	MX$3.01B	MX$2.54B	MX$1.96B	MX$1.62B	MX$3.98B
Total current assets	MX$90.10B	MX$86.14B	MX$74.57B	MX$77.13B	MX$78.53B	MX$73.03B	MX$75.13B	MX$80.74B	MX$74.78B	MX$70.64B	MX$67.79B	MX$72.76B
Property, plant & equipment (net)	MX$114.81B	MX$115.19B	MX$113.17B	MX$108.25B	MX$105.29B	MX$106.36B	MX$104.11B	MX$94.29B	MX$86.50B	MX$81.84B	MX$81.12B	MX$76.10B
Goodwill & intangible assets	MX$103.55B	MX$104.32B	MX$102.36B	MX$103.23B	MX$103.14B	MX$104.33B	MX$101.88B	MX$103.90B	MX$100.28B	MX$99.88B	MX$101.16B	MX$101.24B
Long-term investments	MX$10.69B	MX$10.59B	MX$10.59B	MX$10.81B	MX$10.74B	MX$10.47B	MX$10.23B	MX$10.11B	MX$9.46B	MX$9.35B	MX$9.25B	MX$8.66B
Other non-current assets	MX$17.12B	MX$16.88B	MX$13.86B	MX$15.85B	MX$16.15B	MX$17.88B	MX$16.63B	MX$18.88B	MX$17.01B	MX$16.40B	MX$14.15B	MX$15.85B
Total assets	MX$336.26B	MX$333.12B	MX$314.54B	MX$315.27B	MX$313.86B	MX$312.06B	MX$307.99B	MX$307.92B	MX$288.03B	MX$278.10B	MX$273.47B	MX$274.62B
Liabilities
Accounts payable	MX$28.27B	MX$29.39B	MX$31.90B	MX$30.88B	MX$28.87B	MX$28.78B	MX$33.77B	MX$29.36B	MX$24.21B	MX$23.29B	MX$26.06B	MX$22.65B
Short-term debt	MX$14.45B	MX$5.83B	MX$8.57B	MX$6.90B	MX$4.63B	MX$4.62B	MX$4.20B	MX$3.37B	MX$1.38B	MX$893.0M	MX$891.7M	MX$647.3M
Deferred revenue	—	—	—	—	—	—	—	MX$818.0M	MX$9.92B	MX$11.47B	MX$10.23B	—
Total current liabilities	MX$86.38B	MX$78.34B	MX$66.76B	MX$70.34B	MX$70.39B	MX$60.16B	MX$67.17B	MX$70.87B	MX$65.81B	MX$67.26B	MX$54.87B	MX$58.95B
Long-term debt	MX$72.10B	MX$82.23B	MX$74.11B	MX$76.03B	MX$79.87B	MX$72.98B	MX$72.68B	MX$71.53B	MX$67.93B	MX$64.38B	MX$65.07B	MX$67.74B
Lease obligations	MX$3.84B	MX$3.81B	MX$2.90B	MX$2.86B	MX$2.98B	MX$3.30B	MX$3.18B	MX$3.02B	MX$2.89B	MX$2.48B	MX$2.52B	MX$2.22B
Other long-term liabilities	MX$26.46B	MX$25.67B	MX$19.65B	MX$19.49B	MX$18.85B	MX$19.20B	MX$17.60B	MX$17.67B	MX$19.39B	MX$20.59B	MX$19.70B	MX$17.11B
Total liabilities	MX$184.94B	MX$186.25B	MX$160.51B	MX$165.86B	MX$169.12B	MX$152.34B	MX$157.44B	MX$160.08B	MX$153.14B	MX$152.22B	MX$139.64B	MX$143.79B
Shareholders' equity
Common stock & paid-in capital	MX$933.6M	MX$933.6M	MX$933.6M	MX$933.6M	MX$933.6M	MX$933.6M	MX$933.6M	MX$933.6M	MX$933.6M	MX$933.6M	MX$933.6M	MX$933.6M
Retained earnings (deficit)	MX$109.63B	MX$103.42B	MX$115.34B	MX$107.84B	MX$101.95B	MX$112.10B	MX$106.96B	MX$99.67B	MX$93.83B	MX$88.24B	MX$96.00B	MX$90.69B
Accumulated other comprehensive income	−MX$14.67B	−MX$12.82B	−MX$16.76B	−MX$14.09B	−MX$12.63B	−MX$8.03B	−MX$11.15B	−MX$6.99B	−MX$13.31B	−MX$16.65B	−MX$16.60B	−MX$14.08B
Minority interest	MX$8.74B	MX$8.64B	MX$7.83B	MX$8.04B	MX$7.81B	—	—	—	—	—	—	—
Total shareholders' equity	MX$142.58B	MX$138.22B	MX$146.20B	MX$141.37B	MX$136.94B	MX$151.69B	MX$143.43B	MX$140.30B	MX$128.14B	MX$119.21B	MX$127.02B	MX$124.23B
Key figures
Total debt	MX$89.46B	MX$90.92B	MX$82.68B	MX$84.93B	MX$86.60B	MX$79.90B	MX$79.18B	MX$77.11B	MX$73.58B	MX$68.77B	MX$67.61B	MX$70.00B
Net cash (debt)	−MX$46.43B	−MX$49.57B	−MX$54.11B	−MX$49.57B	−MX$49.11B	−MX$49.06B	−MX$46.05B	−MX$35.27B	−MX$35.00B	−MX$33.41B	−MX$36.55B	−MX$31.22B
Working capital	MX$3.72B	MX$7.80B	MX$7.81B	MX$6.79B	MX$8.14B	MX$12.87B	MX$7.96B	MX$9.87B	MX$8.96B	MX$3.39B	MX$12.93B	MX$13.81B
Tangible book value	MX$39.03B	MX$33.91B	MX$43.84B	MX$38.14B	MX$33.80B	MX$47.36B	MX$41.55B	MX$36.40B	MX$27.86B	MX$19.33B	MX$25.86B	MX$22.99B
Shares outstanding	210.1M	210.1M	210.1M	210.1M	210.1M	210.1M	210.1M	210.1M	210.1M	210.1M	210.1M	210.1M
Current ratio	1.04	1.10	1.12	1.10	1.12	1.21	1.12	1.14	1.14	1.05	1.24	1.23
Quick ratio	0.81	0.87	0.88	0.86	0.86	0.91	0.87	0.90	0.91	0.84	0.99	0.97
Debt / equity	0.63	0.66	0.57	0.60	0.63	0.53	0.55	0.55	0.57	0.58	0.53	0.56
Equity / assets	42.4%	41.5%	46.5%	44.8%	43.6%	48.6%	46.6%	45.6%	44.5%	42.9%	46.4%	45.2%

Quarterly columns are labeled by the month the quarter ended. Figures in Mexican pesos as reported (latest annual report filed December 31, 2025); data from EODHD.

KOF financial position

At the end of fiscal 2025 (December 31, 2025), Coca-Cola FEMSA, S.A.B. de C.V. had total assets of MX$314.5 billion (up 2.1% from a year earlier), total liabilities of MX$160.5 billion and shareholders' equity of MX$146.2 billion. It held MX$28.6 billion in cash and short-term investments against MX$82.7 billion of debt, net debt of MX$54.1 billion. Its current ratio was 1.12. In the latest quarter (ended June 30, 2026) total assets were MX$336.3 billion and equity MX$142.6 billion.

Related: KOF income statement, KOF cash flow statement, KOF key metrics. See the KOF stock overview for the latest quote and news.

KOF balance sheet FAQ

What are Coca-Cola FEMSA, S.A.B. de C.V.'s total assets?

Coca-Cola FEMSA, S.A.B. de C.V. reported total assets of MX$314.5 billion at the end of fiscal 2025 (December 31, 2025), compared with MX$308.0 billion a year earlier.

How much debt does Coca-Cola FEMSA, S.A.B. de C.V. have?

Coca-Cola FEMSA, S.A.B. de C.V. had MX$82.7 billion of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.57.

How much cash does Coca-Cola FEMSA, S.A.B. de C.V. have?

Coca-Cola FEMSA, S.A.B. de C.V. held MX$28.6 billion in cash and short-term investments at the end of fiscal 2025; with MX$82.7 billion of debt that is net debt of MX$54.1 billion.

What is Coca-Cola FEMSA, S.A.B. de C.V.'s book value?

Coca-Cola FEMSA, S.A.B. de C.V.'s shareholders' equity (book value) was MX$146.2 billion at the end of fiscal 2025.

What is Coca-Cola FEMSA, S.A.B. de C.V.'s current ratio?

Coca-Cola FEMSA, S.A.B. de C.V. had current assets of MX$74.6 billion and current liabilities of MX$66.8 billion, a current ratio of 1.12 (it can cover its short-term obligations).

How much goodwill does Coca-Cola FEMSA, S.A.B. de C.V. have?

Coca-Cola FEMSA, S.A.B. de C.V. carried MX$102.4 billion of goodwill and intangible assets, 32.5% of total assets, at the end of fiscal 2025.