Stock Analysis on Net
Stock Analysis on Net

Kraft Foods Group Inc. (NASDAQ:KRFT)

This company has been moved to the archive! The financial data has not been updated since April 28, 2015.

Adjusted Financial Ratios

Microsoft Excel

Adjusted Financial Ratios (Summary)

Kraft Foods Group Inc., adjusted financial ratios

Microsoft Excel
Dec 27, 2014 Dec 28, 2013 Dec 29, 2012
Activity Ratio
Total Asset Turnover
Reported 0.79 0.79 0.79
Adjusted 0.79 0.78 0.79
Liquidity Ratio
Current Ratio
Reported 1.00 1.44 1.34
Adjusted 0.93 1.34 1.23
Solvency Ratios
Debt to Equity
Reported 2.30 1.92 2.79
Adjusted 2.43 1.89 3.08
Debt to Capital
Reported 0.70 0.66 0.74
Adjusted 0.71 0.65 0.76
Financial Leverage
Reported 5.26 4.46 6.53
Adjusted 5.35 4.22 6.94
Profitability Ratios
Net Profit Margin
Reported 5.73% 14.90% 8.95%
Adjusted 3.30% 18.43% 11.25%
Return on Equity (ROE)
Reported 23.89% 52.34% 45.97%
Adjusted 13.99% 61.04% 61.42%
Return on Assets (ROA)
Reported 4.55% 11.73% 7.04%
Adjusted 2.61% 14.45% 8.85%

Based on: 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29).

Financial ratio Description The company
Adjusted total asset turnover An activity ratio calculated as total revenue divided by adjusted total assets. Kraft Foods Group Inc. adjusted total asset turnover ratio deteriorated from 2012 to 2013 but then improved from 2013 to 2014 exceeding 2012 level.
Adjusted current ratio A liquidity ratio calculated as adjusted current assets divided by adjusted current liabilities. Kraft Foods Group Inc. adjusted current ratio improved from 2012 to 2013 but then deteriorated significantly from 2013 to 2014.
Adjusted debt-to-equity ratio A solvency ratio calculated as adjusted total debt divided by adjusted total equity. Kraft Foods Group Inc. adjusted debt-to-equity ratio improved from 2012 to 2013 but then slightly deteriorated from 2013 to 2014.
Adjusted debt-to-capital ratio A solvency ratio calculated as adjusted total debt divided by adjusted total debt plus adjusted total equity. Kraft Foods Group Inc. adjusted debt-to-capital ratio improved from 2012 to 2013 but then slightly deteriorated from 2013 to 2014 not reaching 2012 level.
Adjusted financial leverage A measure of financial leverage calculated as adjusted total assets divided by adjusted total equity.
Financial leverage is the extent to which a company can effect, through the use of debt, a proportional change in the return on common equity that is greater than a given proportional change in operating income.		 Kraft Foods Group Inc. adjusted financial leverage ratio decreased from 2012 to 2013 but then slightly increased from 2013 to 2014.
Adjusted net profit margin An indicator of profitability, calculated as adjusted net income divided by total revenue. Kraft Foods Group Inc. adjusted net profit margin ratio improved from 2012 to 2013 but then deteriorated significantly from 2013 to 2014.
Adjusted ROE A profitability ratio calculated as adjusted net income divided by adjusted total equity. Kraft Foods Group Inc. adjusted ROE deteriorated from 2012 to 2013 and from 2013 to 2014.
Adjusted ROA A profitability ratio calculated as adjusted net income divided by adjusted total assets. Kraft Foods Group Inc. adjusted ROA improved from 2012 to 2013 but then deteriorated significantly from 2013 to 2014.

Kraft Foods Group Inc., Financial Ratios: Reported vs. Adjusted

Adjusted Total Asset Turnover

Microsoft Excel
Dec 27, 2014 Dec 28, 2013 Dec 29, 2012
Reported
Selected Financial Data (US$ in millions)
Net revenues 18,205 18,218 18,339
Total assets 22,947 23,148 23,329
Activity Ratio
Total asset turnover1 0.79 0.79 0.79
Adjusted
Selected Financial Data (US$ in millions)
Net revenues 18,205 18,218 18,339
Adjusted total assets2 22,953 23,236 23,319
Activity Ratio
Adjusted total asset turnover3 0.79 0.78 0.79

Based on: 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29).

1 2014 Calculation
Total asset turnover = Net revenues ÷ Total assets
= 18,205 ÷ 22,947 = 0.79

2 Adjusted total assets. See details »

3 2014 Calculation
Adjusted total asset turnover = Net revenues ÷ Adjusted total assets
= 18,205 ÷ 22,953 = 0.79

Activity ratio Description The company
Adjusted total asset turnover An activity ratio calculated as total revenue divided by adjusted total assets. Kraft Foods Group Inc. adjusted total asset turnover ratio deteriorated from 2012 to 2013 but then improved from 2013 to 2014 exceeding 2012 level.

Adjusted Current Ratio

Microsoft Excel
Dec 27, 2014 Dec 28, 2013 Dec 29, 2012
Reported
Selected Financial Data (US$ in millions)
Current assets 4,791 4,908 4,823
Current liabilities 4,773 3,410 3,606
Liquidity Ratio
Current ratio1 1.00 1.44 1.34
Adjusted
Selected Financial Data (US$ in millions)
Adjusted current assets2 4,428 4,574 4,431
Current liabilities 4,773 3,410 3,606
Liquidity Ratio
Adjusted current ratio3 0.93 1.34 1.23

Based on: 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29).

1 2014 Calculation
Current ratio = Current assets ÷ Current liabilities
= 4,791 ÷ 4,773 = 1.00

2 Adjusted current assets. See details »

3 2014 Calculation
Adjusted current ratio = Adjusted current assets ÷ Current liabilities
= 4,428 ÷ 4,773 = 0.93

Liquidity ratio Description The company
Adjusted current ratio A liquidity ratio calculated as adjusted current assets divided by adjusted current liabilities. Kraft Foods Group Inc. adjusted current ratio improved from 2012 to 2013 but then deteriorated significantly from 2013 to 2014.

Adjusted Debt to Equity

Microsoft Excel
Dec 27, 2014 Dec 28, 2013 Dec 29, 2012
Reported
Selected Financial Data (US$ in millions)
Total debt 10,032 9,980 9,971
Equity 4,365 5,187 3,572
Solvency Ratio
Debt to equity1 2.30 1.92 2.79
Adjusted
Selected Financial Data (US$ in millions)
Adjusted total debt2 10,401 10,402 10,353
Adjusted equity3 4,288 5,500 3,359
Solvency Ratio
Adjusted debt to equity4 2.43 1.89 3.08

Based on: 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29).

1 2014 Calculation
Debt to equity = Total debt ÷ Equity
= 10,032 ÷ 4,365 = 2.30

2 Adjusted total debt. See details »

3 Adjusted equity. See details »

4 2014 Calculation
Adjusted debt to equity = Adjusted total debt ÷ Adjusted equity
= 10,401 ÷ 4,288 = 2.43

Solvency ratio Description The company
Adjusted debt-to-equity ratio A solvency ratio calculated as adjusted total debt divided by adjusted total equity. Kraft Foods Group Inc. adjusted debt-to-equity ratio improved from 2012 to 2013 but then slightly deteriorated from 2013 to 2014.

Adjusted Debt to Capital

Microsoft Excel
Dec 27, 2014 Dec 28, 2013 Dec 29, 2012
Reported
Selected Financial Data (US$ in millions)
Total debt 10,032 9,980 9,971
Total capital 14,397 15,167 13,543
Solvency Ratio
Debt to capital1 0.70 0.66 0.74
Adjusted
Selected Financial Data (US$ in millions)
Adjusted total debt2 10,401 10,402 10,353
Adjusted total capital3 14,689 15,902 13,712
Solvency Ratio
Adjusted debt to capital4 0.71 0.65 0.76

Based on: 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29).

1 2014 Calculation
Debt to capital = Total debt ÷ Total capital
= 10,032 ÷ 14,397 = 0.70

2 Adjusted total debt. See details »

3 Adjusted total capital. See details »

4 2014 Calculation
Adjusted debt to capital = Adjusted total debt ÷ Adjusted total capital
= 10,401 ÷ 14,689 = 0.71

Solvency ratio Description The company
Adjusted debt-to-capital ratio A solvency ratio calculated as adjusted total debt divided by adjusted total debt plus adjusted total equity. Kraft Foods Group Inc. adjusted debt-to-capital ratio improved from 2012 to 2013 but then slightly deteriorated from 2013 to 2014 not reaching 2012 level.

Adjusted Financial Leverage

Microsoft Excel
Dec 27, 2014 Dec 28, 2013 Dec 29, 2012
Reported
Selected Financial Data (US$ in millions)
Total assets 22,947 23,148 23,329
Equity 4,365 5,187 3,572
Solvency Ratio
Financial leverage1 5.26 4.46 6.53
Adjusted
Selected Financial Data (US$ in millions)
Adjusted total assets2 22,953 23,236 23,319
Adjusted equity3 4,288 5,500 3,359
Solvency Ratio
Adjusted financial leverage4 5.35 4.22 6.94

Based on: 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29).

1 2014 Calculation
Financial leverage = Total assets ÷ Equity
= 22,947 ÷ 4,365 = 5.26

2 Adjusted total assets. See details »

3 Adjusted equity. See details »

4 2014 Calculation
Adjusted financial leverage = Adjusted total assets ÷ Adjusted equity
= 22,953 ÷ 4,288 = 5.35

Solvency ratio Description The company
Adjusted financial leverage A measure of financial leverage calculated as adjusted total assets divided by adjusted total equity.
Financial leverage is the extent to which a company can effect, through the use of debt, a proportional change in the return on common equity that is greater than a given proportional change in operating income.		 Kraft Foods Group Inc. adjusted financial leverage ratio decreased from 2012 to 2013 but then slightly increased from 2013 to 2014.

Adjusted Net Profit Margin

Microsoft Excel
Dec 27, 2014 Dec 28, 2013 Dec 29, 2012
Reported
Selected Financial Data (US$ in millions)
Net earnings 1,043 2,715 1,642
Net revenues 18,205 18,218 18,339
Profitability Ratio
Net profit margin1 5.73% 14.90% 8.95%
Adjusted
Selected Financial Data (US$ in millions)
Adjusted net earnings2 600 3,357 2,063
Net revenues 18,205 18,218 18,339
Profitability Ratio
Adjusted net profit margin3 3.30% 18.43% 11.25%

Based on: 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29).

1 2014 Calculation
Net profit margin = 100 × Net earnings ÷ Net revenues
= 100 × 1,043 ÷ 18,205 = 5.73%

2 Adjusted net earnings. See details »

3 2014 Calculation
Adjusted net profit margin = 100 × Adjusted net earnings ÷ Net revenues
= 100 × 600 ÷ 18,205 = 3.30%

Profitability ratio Description The company
Adjusted net profit margin An indicator of profitability, calculated as adjusted net income divided by total revenue. Kraft Foods Group Inc. adjusted net profit margin ratio improved from 2012 to 2013 but then deteriorated significantly from 2013 to 2014.

Adjusted Return on Equity (ROE)

Microsoft Excel
Dec 27, 2014 Dec 28, 2013 Dec 29, 2012
Reported
Selected Financial Data (US$ in millions)
Net earnings 1,043 2,715 1,642
Equity 4,365 5,187 3,572
Profitability Ratio
ROE1 23.89% 52.34% 45.97%
Adjusted
Selected Financial Data (US$ in millions)
Adjusted net earnings2 600 3,357 2,063
Adjusted equity3 4,288 5,500 3,359
Profitability Ratio
Adjusted ROE4 13.99% 61.04% 61.42%

Based on: 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29).

1 2014 Calculation
ROE = 100 × Net earnings ÷ Equity
= 100 × 1,043 ÷ 4,365 = 23.89%

2 Adjusted net earnings. See details »

3 Adjusted equity. See details »

4 2014 Calculation
Adjusted ROE = 100 × Adjusted net earnings ÷ Adjusted equity
= 100 × 600 ÷ 4,288 = 13.99%

Profitability ratio Description The company
Adjusted ROE A profitability ratio calculated as adjusted net income divided by adjusted total equity. Kraft Foods Group Inc. adjusted ROE deteriorated from 2012 to 2013 and from 2013 to 2014.

Adjusted Return on Assets (ROA)

Microsoft Excel
Dec 27, 2014 Dec 28, 2013 Dec 29, 2012
Reported
Selected Financial Data (US$ in millions)
Net earnings 1,043 2,715 1,642
Total assets 22,947 23,148 23,329
Profitability Ratio
ROA1 4.55% 11.73% 7.04%
Adjusted
Selected Financial Data (US$ in millions)
Adjusted net earnings2 600 3,357 2,063
Adjusted total assets3 22,953 23,236 23,319
Profitability Ratio
Adjusted ROA4 2.61% 14.45% 8.85%

Based on: 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29).

1 2014 Calculation
ROA = 100 × Net earnings ÷ Total assets
= 100 × 1,043 ÷ 22,947 = 4.55%

2 Adjusted net earnings. See details »

3 Adjusted total assets. See details »

4 2014 Calculation
Adjusted ROA = 100 × Adjusted net earnings ÷ Adjusted total assets
= 100 × 600 ÷ 22,953 = 2.61%

Profitability ratio Description The company
Adjusted ROA A profitability ratio calculated as adjusted net income divided by adjusted total assets. Kraft Foods Group Inc. adjusted ROA improved from 2012 to 2013 but then deteriorated significantly from 2013 to 2014.