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The Kraft Heinz Co (The Kraft Heinz Co) Scaled Net Operating Assets : 0.76 (As of Dec. 2023)


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What is The Kraft Heinz Co Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

The Kraft Heinz Co's operating assets for the quarter that ended in Dec. 2023 was $88,939 Mil. The Kraft Heinz Co's operating liabilities for the quarter that ended in Dec. 2023 was $20,585 Mil. The Kraft Heinz Co's Total Assets for the quarter that ended in Sep. 2023 was $89,656 Mil. Therefore, The Kraft Heinz Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.76.


The Kraft Heinz Co Scaled Net Operating Assets Historical Data

The historical data trend for The Kraft Heinz Co's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

The Kraft Heinz Co Scaled Net Operating Assets Chart

The Kraft Heinz Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.74 0.68 0.73 0.76

The Kraft Heinz Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.76 0.76 0.76 0.75 0.76

Competitive Comparison of The Kraft Heinz Co's Scaled Net Operating Assets

For the Packaged Foods subindustry, The Kraft Heinz Co's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


The Kraft Heinz Co's Scaled Net Operating Assets Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The Kraft Heinz Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where The Kraft Heinz Co's Scaled Net Operating Assets falls into.



The Kraft Heinz Co Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

The Kraft Heinz Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(88939-20585)/90513
=0.76

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=90339 - 1400
=88939

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=40617 - 19394 - 638
=20585

The Kraft Heinz Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2023 )
=(Operating Assets (Q: Dec. 2023 )-Operating Liabilities (Q: Dec. 2023 ))/Total Assets (Q: Sep. 2023 )
=(88939-20585)/89656
=0.76

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=90339 - 1400
=88939

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=40617 - 19394 - 638
=20585

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


The Kraft Heinz Co Scaled Net Operating Assets Related Terms

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The Kraft Heinz Co (The Kraft Heinz Co) Business Description

Address
One PPG Place, Pittsburgh, PA, USA, 15222
In July 2015, Kraft merged with Heinz to create the third-largest food and beverage manufacturer in North America behind PepsiCo and Nestle and the fifth-largest player in the world. Beyond its namesake brands, the combined firm's portfolio includes Oscar Mayer, Velveeta, and Philadelphia. While the retail channel drives around 85% of its total sales, the firm operates a growing presence in the foodservice arena. Outside North America, Kraft Heinz's global reach counts a distribution network in Europe and emerging markets that drives 20%-25% of its consolidated sales base, as its products are sold in more than 190 countries and territories.
Executives
Lande Rashida La officer: SVP, Global Gen Csl & Corp Sec C/O THE KRAFT HEINZ COMPANY, ONE PPG PLACE, SUITE 3200, PITTSBURGH PA 15222
Vince Garlati officer: VP, Global Controller (PAO) C/O THE KRAFT HEINZ COMPANY, ONE PPG PLACE, SUITE 3200, PITTSBURGH PA 15222
Humberto P Alfonso director 1085 OCEAN AVENUE, MANTOLOKING NJ 08738
Flavio Torres officer: Head of Global Operations THE KRAFT HEINZ COMPANY, 200 E. RANDOLPH ST., CHICAGO IL 60601
Melissa Werneck officer: EVP & Global Chief People Ofcr C/O THE KRAFT HEINZ COMPANY, ONE PPG PLACE, SUITE 3200, PITTSBURGH PA 15222
Marcos Eloi officer: Chief Procurement Officer 200 E RANDOLPH STREET SUITE 7600, CHICAGO IL 60601
Diane J Gherson director IBM CORPORATION, ONE NEW ORCHARD ROAD, ARMONK NY 10504
Miguel Patricio officer: Chief Executive Officer 200 E. RANDOLPH STREET SUITE 7600, CHICAGO IL 60601
Alicia R Knapp director C/O THE KRAFT HEINZ COMPANY, ONE PPG PLACE, SUITE 3200, PITTSBURGH PA 15222
James Park director C/O FITBIT, INC., 405 HOWARD STREET, SAN FRANCISCO CA 94105
Andre Maciel officer: EVP & Global CFO C/O THE KRAFT HEINZ COMPANY, ONE PPG PLACE, SUITE 3200, PITTSBURGH PA 15222
Yang Xu officer: SVP, Global Head of Corp Dev C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Kathy Krenger officer: SVP & Global Chief Comm. Ofcr C/O THE KRAFT HEINZ COMPANY, ONE PPG PLACE, SUITE 3200, PITTSBURGH PA 15222
3g Global Food Holdings Lp 10 percent owner C/O 3G CAPITAL INC., 600 THIRD AVE., 37TH FLOOR, NEW YORK NY 10016
Bruno Keller officer: Zone President, Canada 200 E. RANDOLPH STREET SUITE 7600, CHICAGO IL 60601