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The Kraft Heinz Co (MIL:1KHC) Deferred Tax : €-222 Mil (TTM As of Sep. 2024)


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What is The Kraft Heinz Co Deferred Tax?

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

The Kraft Heinz Co's change in deferred tax for the three months ended in Sep. 2024 was €-206 Mil. Its change in deferred tax for the trailing twelve months (TTM) ended in Sep. 2024 was €-222 Mil.

The Kraft Heinz Co Deferred Tax Historical Data

The historical data trend for The Kraft Heinz Co's Deferred Tax 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.

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The Kraft Heinz Co Deferred Tax Chart

The Kraft Heinz Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Deferred Tax
Get a 7-Day Free Trial Premium Member Only Premium Member Only -263.70 -281.95 -922.17 -262.43 15.59

The Kraft Heinz Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Deferred Tax 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 17.80 29.34 0.92 -45.52 -206.33

The Kraft Heinz Co Deferred Tax Calculation

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

Deferred Tax for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-222 Mil.


* 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 Deferred Tax Related Terms

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The Kraft Heinz Co Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » The Kraft Heinz Co (MIL:1KHC) » Definitions » Deferred Tax
Comparable Companies
Traded in Other Exchanges
KHC:USA KHC:Peru KHC:Mexico KHNZd:UK 0JRV:UK KHNZ:Germany KHCB34:Brazil KHNZ:Bulgaria KHC:Austria
Address
One PPG Place, Pittsburgh, PA, USA, 15222
Website
https://www.kraftheinzcompany.com
In July 2015, Kraft merged with Heinz to create the third-largest food and beverage manufacturer in North America behind wide-moats 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 also maintains 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 about 25% of its consolidated sales base, as its products are sold in more than 190 countries and territories.

The Kraft Heinz Co Headlines

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