Kraft Heinz Co (KHC)
Debt-to-capital ratio
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 49,526,000 | 49,276,000 | 49,814,000 | 49,153,000 | 48,678,000 | 48,148,000 | 48,796,000 | 49,644,000 | 49,298,000 | 50,089,000 | 49,997,000 | 50,288,000 | 50,103,000 | 49,218,000 | 49,040,000 | 51,009,000 | 51,623,000 | 51,673,000 | 51,543,000 | 51,703,000 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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 for Kraft Heinz Co has remained consistently at 0.00 for the period from March 2019 to December 2023. This indicates that the company has not been using any debt to finance its operations or investments, and has been relying solely on equity capital to fund its activities. A debt-to-capital ratio of 0.00 signifies a conservative capital structure, with no financial leverage in place. This stable and low debt level suggests that Kraft Heinz Co has a strong financial position and is not highly leveraged, which can be viewed positively by investors and creditors.
Peer comparison
Dec 31, 2023