Kraft Heinz Balance Sheet Health
Financial Health criteria checks 5/6
Kraft Heinz has a total shareholder equity of $48.5B and total debt of $20.1B, which brings its debt-to-equity ratio to 41.5%. Its total assets and total liabilities are $88.6B and $40.1B respectively. Kraft Heinz's EBIT is $5.5B making its interest coverage ratio 6.2. It has cash and short-term investments of $1.3B.
Key information
41.5%
Debt to equity ratio
US$20.09b
Debt
| Interest coverage ratio | 6.2x |
| Cash | US$1.28b |
| Equity | US$48.47b |
| Total liabilities | US$40.10b |
| Total assets | US$88.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KHC's short term assets ($8.2B) exceed its short term liabilities ($7.7B).
Long Term Liabilities: KHC's short term assets ($8.2B) do not cover its long term liabilities ($32.4B).
Debt to Equity History and Analysis
Debt Level: KHC's net debt to equity ratio (38.8%) is considered satisfactory.
Reducing Debt: KHC's debt to equity ratio has reduced from 58.8% to 41.5% over the past 5 years.
Debt Coverage: KHC's debt is well covered by operating cash flow (20.7%).
Interest Coverage: KHC's interest payments on its debt are well covered by EBIT (6.2x coverage).