Kraft Heinz Balance Sheet Health
Financial Health criteria checks 5/6
Kraft Heinz has a total shareholder equity of $49.0B and total debt of $19.9B, which brings its debt-to-equity ratio to 40.7%. Its total assets and total liabilities are $88.8B and $39.8B respectively. Kraft Heinz's EBIT is $5.5B making its interest coverage ratio 6.4. It has cash and short-term investments of $900.0M.
Key information
40.7%
Debt to equity ratio
US$19.93b
Debt
| Interest coverage ratio | 6.4x |
| Cash | US$900.00m |
| Equity | US$49.03b |
| Total liabilities | US$39.77b |
| Total assets | US$88.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KHC's short term assets ($7.5B) exceed its short term liabilities ($7.5B).
Long Term Liabilities: KHC's short term assets ($7.5B) do not cover its long term liabilities ($32.3B).
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 59.9% to 40.7% over the past 5 years.
Debt Coverage: KHC's debt is well covered by operating cash flow (20.6%).
Interest Coverage: KHC's interest payments on its debt are well covered by EBIT (6.4x coverage).