Kraft Heinz Balance Sheet Health
Financial Health criteria checks 3/6
Kraft Heinz has a total shareholder equity of $49.7B and total debt of $19.9B, which brings its debt-to-equity ratio to 40%. Its total assets and total liabilities are $90.3B and $40.6B respectively. Kraft Heinz's EBIT is $5.4B making its interest coverage ratio 6.2. It has cash and short-term investments of $1.4B.
Key information
40.0%
Debt to equity ratio
US$19.89b
Debt
Interest coverage ratio | 6.2x |
Cash | US$1.40b |
Equity | US$49.72b |
Total liabilities | US$40.62b |
Total assets | US$90.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KHNZ's short term assets ($7.9B) do not cover its short term liabilities ($8.0B).
Long Term Liabilities: KHNZ's short term assets ($7.9B) do not cover its long term liabilities ($32.6B).
Debt to Equity History and Analysis
Debt Level: KHNZ's net debt to equity ratio (37.2%) is considered satisfactory.
Reducing Debt: KHNZ's debt to equity ratio has reduced from 59.6% to 40% over the past 5 years.
Debt Coverage: KHNZ's debt is not well covered by operating cash flow (20%).
Interest Coverage: KHNZ's interest payments on its debt are well covered by EBIT (6.2x coverage).