What Does Kraft Heinz's Debt Look Like?
Portfolio Pulse from Benzinga Insights
Kraft Heinz Inc.'s (NASDAQ:KHC) shares have decreased by 8.91% over the past three months. The company's total debt stands at $20.42 billion, with net debt at $19.59 billion after adjusting for cash-equivalents. The debt-ratio, a measure of financial leverage, is at 0.22 considering the company's total assets of $90.94 billion. Debt is an important factor in a company's capital structure and can help it attain growth, but it can also impact cash-flow due to interest-payment obligations.
July 05, 2023 | 1:47 pm
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Kraft Heinz's total debt is $20.42 billion, with a debt-ratio of 0.22. This level of debt can impact the company's cash-flow due to interest-payment obligations, potentially affecting its stock price.
High levels of debt can lead to increased financial risk, especially if interest rates rise. This could negatively impact Kraft Heinz's ability to meet its financial obligations, potentially leading to a decrease in its stock price.
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