Kraft Heinz Co (KHC)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 88,287,000 | 90,339,000 | 90,513,000 | 93,394,000 | 99,830,000 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $88,287,000K
= 0.00
The debt-to-assets ratio for Kraft Heinz Co remained consistently at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt to finance its operations during this period, implying a conservative financial strategy with a lower risk of default. A debt-to-assets ratio of 0.00 suggests that all assets are funded by equity, potentially reflecting strong financial health and stability. However, a very low debt-to-assets ratio could also imply missed opportunities for leveraging debt for potential growth or tax benefits. Further analysis would be needed to understand the rationale behind the company's decision to maintain a debt-free capital structure.
Peer comparison
Dec 31, 2024