Kraft Heinz Balance Sheet Health
Financial Health criteria checks 5/6
Kraft Heinz has a total shareholder equity of $49.7B and total debt of $20.5B, which brings its debt-to-equity ratio to 41.3%. Its total assets and total liabilities are $90.3B and $40.6B respectively. Kraft Heinz's EBIT is $5.5B making its interest coverage ratio 6.4. It has cash and short-term investments of $1.6B.
Key information
41.3%
Debt to equity ratio
US$20.55b
Debt
Interest coverage ratio | 6.4x |
Cash | US$1.63b |
Equity | US$49.69b |
Total liabilities | US$40.62b |
Total assets | US$90.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KHNZ's short term assets ($8.2B) exceed its short term liabilities ($7.6B).
Long Term Liabilities: KHNZ's short term assets ($8.2B) do not cover its long term liabilities ($33.1B).
Debt to Equity History and Analysis
Debt Level: KHNZ's net debt to equity ratio (38.1%) is considered satisfactory.
Reducing Debt: KHNZ's debt to equity ratio has reduced from 59.6% to 41.3% over the past 5 years.
Debt Coverage: KHNZ's debt is well covered by operating cash flow (20.7%).
Interest Coverage: KHNZ's interest payments on its debt are well covered by EBIT (6.4x coverage).