Kraft Heinz Co (KHC)
Debt-to-equity ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 49,185,000 | 49,526,000 | 48,678,000 | 49,298,000 | 50,103,000 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $49,185,000K
= 0.00
Based on the provided data, Kraft Heinz Co's debt-to-equity ratio has remained consistently at 0.00 from December 31, 2020, to December 31, 2024. This signifies that the company has not utilized any debt to finance its operations during this period relative to its equity. A debt-to-equity ratio of 0.00 typically indicates that the company may be relying solely on equity financing or may have cleared all its outstanding debt obligations. This low level of debt relative to equity suggests a conservative financial structure, with lower financial risk and potential for financial distress. However, it's essential to consider other financial metrics and factors to gain a comprehensive understanding of Kraft Heinz Co's overall financial health and performance.
Peer comparison
Dec 31, 2024