Kraft Heinz Co (KHC)
Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $49,526,000K
= 0.00
The debt-to-equity ratio for Kraft Heinz Co has been consistently reported as 0.00 for the periods indicated in the table. A debt-to-equity ratio of 0.00 implies that the company has no debt or a very minimal amount of debt relative to its equity. This indicates that the company is primarily financed by equity rather than debt. A low or zero debt-to-equity ratio is generally considered favorable as it signifies lower financial risk and indicates that the company relies less on external borrowing for its operations and growth. It also suggests a strong financial position and stability. However, it is important to note that a zero debt-to-equity ratio may also indicate that the company might not be taking advantage of the tax benefits associated with debt financing.
Peer comparison
Dec 31, 2023