Kraft Heinz Co (KHC)
Debt-to-capital ratio
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 49,526,000 | 48,678,000 | 49,298,000 | 50,103,000 | 51,623,000 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2023 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $49,526,000K)
= 0.00
The debt-to-capital ratio of Kraft Heinz Co has been consistently reported as 0.00 over the past five years, from 2019 to 2023. This ratio indicates that the company has not used any debt to finance its operations or investments relative to its total capital structure during this period. A debt-to-capital ratio of 0.00 implies that the company relies solely on equity financing, and there is no debt present in its capital structure. While a low debt-to-capital ratio can signal financial stability and lower financial risk, it may also indicate missed opportunities to leverage debt for potential growth or tax advantages. Investors and stakeholders may view a consistently low debt-to-capital ratio as a positive indicator of financial prudence and conservative financial management by Kraft Heinz Co.
Peer comparison
Dec 31, 2023