The Kraft Heinz Co (The Kraft Heinz Co) Debt-to-Equity

: 0.40 (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

The Kraft Heinz Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $638 Mil. The Kraft Heinz Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $19,394 Mil. The Kraft Heinz Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $49,526 Mil. The Kraft Heinz Co's debt to equity for the quarter that ended in Dec. 2023 was 0.40.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for The Kraft Heinz Co's Debt-to-Equity or its related term are showing as below:

KHC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.38 Med: 0.52 Max: 2.3
Current: 0.4

During the past 13 years, the highest Debt-to-Equity Ratio of The Kraft Heinz Co was 2.30. The lowest was 0.38. And the median was 0.52.

KHC's Debt-to-Equity is ranked better than
50.79% of 1638 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs KHC: 0.40

The Kraft Heinz Co Debt-to-Equity Historical Data

The historical data trend for The Kraft Heinz Co's Debt-to-Equity 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 Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.57

0.44

0.41

0.40

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
Debt-to-Equity																0.41	0.41	0.40	0.40	0.40

Competitive Comparison

For the Packaged Foods subindustry, The Kraft Heinz Co's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, The Kraft Heinz Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where The Kraft Heinz Co's Debt-to-Equity falls into.

The Kraft Heinz Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

The Kraft Heinz Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(638	+	19394)	/	49526
	=	0.40

The Kraft Heinz Co's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(638	+	19394)	/	49526
	=	0.40

The Kraft Heinz Co (NAS:KHC) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

The Kraft Heinz Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of The Kraft Heinz Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

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

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » The Kraft Heinz Co (NAS:KHC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

KHC:Peru KHC:Mexico 1KHC:Italy KHNZd:UK 0JRV:UK KHNZ:Germany KHNZ:Germany KHNZ:Germany KHNZ:Germany KHCB34:Brazil 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 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