Current Ratio
since 2015
Calculation
Kraft Heinz Co., current ratio, long-term trends, calculation
| Current ratio | = | Current assets1 | ÷ | Current liabilities1 | |
|---|---|---|---|---|---|
| Dec 28, 2019 | 1.03 | = | 8,097) | ÷ | 7,875) |
| Dec 29, 2018 | 1.21 | = | 9,075) | ÷ | 7,503) |
| Dec 30, 2017 | 0.72 | = | 7,266) | ÷ | 10,132) |
| Dec 31, 2016 | 0.92 | = | 8,753) | ÷ | 9,501) |
| Dec 31, 2015 | 1.41 | = | 9,780) | ÷ | 6,932) |
Based on: 10-K (reporting date: 2019-12-28), 10-K (reporting date: 2018-12-29), 10-K (reporting date: 2017-12-30), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).
1 US$ in millions
Comparison to Competitors
Kraft Heinz Co., current ratio, long-term trends, comparison to competitors
| Kraft Heinz Co. | Altria Group Inc. | Coca-Cola Co. | PepsiCo Inc. | Philip Morris International Inc. | |
|---|---|---|---|---|---|
| Dec 28, 2019 | 1.03 | 0.59 | 0.76 | 0.86 | 1.09 |
| Dec 29, 2018 | 1.21 | 0.20 | 1.05 | 0.99 | 1.13 |
| Dec 30, 2017 | 0.72 | 0.64 | 1.34 | 1.51 | 1.35 |
| Dec 31, 2016 | 0.92 | 0.98 | 1.28 | 1.28 | 1.07 |
| Dec 31, 2015 | 1.41 | 0.86 | 1.24 | 1.31 | 1.03 |
Based on: 10-K (reporting date: 2019-12-28), 10-K (reporting date: 2018-12-29), 10-K (reporting date: 2017-12-30), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).
Comparison to Sector (Food, Beverage & Tobacco)
Kraft Heinz Co., current ratio, long-term trends, comparison to sector (food, beverage & tobacco)
| Kraft Heinz Co. | Food, Beverage & Tobacco | |
|---|---|---|
| Dec 28, 2019 | 1.03 | 0.85 |
| Dec 29, 2018 | 1.21 | 0.85 |
| Dec 30, 2017 | 0.72 | 1.33 |
| Dec 31, 2016 | 0.92 | 1.20 |
| Dec 31, 2015 | 1.41 | 1.17 |
Based on: 10-K (reporting date: 2019-12-28), 10-K (reporting date: 2018-12-29), 10-K (reporting date: 2017-12-30), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).
Comparison to Industry (Consumer Staples)
Kraft Heinz Co., current ratio, long-term trends, comparison to industry (consumer staples)
| Kraft Heinz Co. | Consumer Staples | |
|---|---|---|
| Dec 28, 2019 | 1.03 | 0.84 |
| Dec 29, 2018 | 1.21 | 0.84 |
| Dec 30, 2017 | 0.72 | 1.05 |
| Dec 31, 2016 | 0.92 | 1.08 |
| Dec 31, 2015 | 1.41 | 1.07 |
Based on: 10-K (reporting date: 2019-12-28), 10-K (reporting date: 2018-12-29), 10-K (reporting date: 2017-12-30), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).