Stock Analysis on Net
Stock Analysis on Net

Kraft Heinz Co. (NASDAQ:KHC)

This company has been moved to the archive! The financial data has not been updated since July 31, 2020.

Common-Size Balance Sheet: Assets 
Quarterly Data

Kraft Heinz Co., common-size consolidated balance sheet: assets (quarterly data)

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Jun 27, 2020 Mar 28, 2020 Dec 28, 2019 Sep 28, 2019 Jun 29, 2019 Mar 30, 2019 Dec 29, 2018 Sep 29, 2018 Jun 30, 2018 Mar 31, 2018 Dec 30, 2017 Sep 30, 2017 Jul 1, 2017 Apr 1, 2017 Dec 31, 2016 Oct 2, 2016 Jul 3, 2016 Apr 3, 2016 Dec 31, 2015 Sep 27, 2015 Jun 28, 2015 Mar 29, 2015
Cash and cash equivalents 2.86 5.19 2.25 2.25 1.41 1.06 1.09 1.14 2.76 1.49 1.35 1.20 1.21 2.68 3.49 3.24 3.48 3.41 3.93 3.64 5.95 5.23
Trade receivables, net of allowances 2.08 2.23 1.94 1.91 1.99 1.94 2.06 1.70 1.60 0.86 0.77 0.78 0.76 0.73 0.64 0.71 0.92 0.76 0.71 1.32 2.20 2.25
Sold receivables 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.03 0.44 0.29 0.36 0.44 0.49 0.11 0.17 0.12 0.65 0.47 0.00 0.00 0.00
Inventories 2.86 2.72 2.68 3.07 2.98 3.01 2.58 2.75 2.59 2.60 2.34 2.66 2.57 2.61 2.23 2.57 2.37 2.35 2.13 2.45 3.22 3.39
Prepaid expenses 0.48 0.47 0.38 0.40 0.38 0.37 0.39 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
Other current assets 0.51 0.51 0.61 1.21 1.13 1.16 1.33 0.76 0.81 0.77 1.29 1.03 0.97 0.83 0.80 0.70 0.80 0.79 0.71 1.13 1.34 1.45
Assets held for sale 0.13 0.13 0.12 0.03 1.00 0.99 1.33 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
Current assets 8.93% 11.25% 7.98% 8.87% 8.88% 8.53% 8.77% 6.34% 7.79% 6.16% 6.04% 6.02% 5.95% 7.35% 7.27% 7.39% 7.68% 7.96% 7.95% 8.55% 12.73% 12.34%
Property, plant and equipment, net 6.89 6.55 6.95 6.74 6.81 6.79 6.84 6.03 5.95 6.02 5.92 5.78 5.70 5.54 5.55 5.36 5.28 5.22 5.31 5.28 6.25 6.24
Goodwill 33.88 33.69 35.04 34.84 34.87 34.85 35.28 37.01 36.32 37.13 37.28 37.37 37.32 36.67 36.62 36.77 36.69 35.32 35.01 38.39 40.88 40.20
Intangible assets, net 48.02 46.37 47.96 47.38 47.42 47.85 47.81 49.05 48.48 49.34 49.45 49.56 49.74 49.11 49.22 49.24 49.11 50.33 50.52 46.55 35.89 35.21
Other non-current assets 2.28 2.14 2.07 2.17 2.01 1.98 1.29 1.58 1.45 1.36 1.31 1.28 1.29 1.33 1.34 1.25 1.24 1.16 1.22 1.24 4.26 6.02
Non-current assets 91.07% 88.75% 92.02% 91.13% 91.12% 91.47% 91.23% 93.66% 92.21% 93.84% 93.96% 93.98% 94.05% 92.65% 92.73% 92.61% 92.32% 92.04% 92.05% 91.45% 87.27% 87.66%
Total assets 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-Q (reporting date: 2020-06-27), 10-Q (reporting date: 2020-03-28), 10-K (reporting date: 2019-12-28), 10-Q (reporting date: 2019-09-28), 10-Q (reporting date: 2019-06-29), 10-Q (reporting date: 2019-03-30), 10-K (reporting date: 2018-12-29), 10-Q (reporting date: 2018-09-29), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-30), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-07-01), 10-Q (reporting date: 2017-04-01), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-10-02), 10-Q (reporting date: 2016-07-03), 10-Q (reporting date: 2016-04-03), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-27), 10-Q (reporting date: 2015-06-28), S-4/A (reporting date: 2015-03-29).

Cash and Cash Equivalents
The proportion of cash and cash equivalents relative to total assets exhibits fluctuations over the observed periods. Beginning at 5.23% in March 2015, it experienced a general decline through 2017, reaching a low point near 1.09% in December 2018. A notable spike occurs in March 2020 at 5.19%, indicating a significant increase in liquidity, followed by a subsequent decline to 2.86% in June 2020.
Trade Receivables, Net of Allowances
This asset category remained relatively stable but low in proportion, generally ranging between roughly 0.7% and 2.25%. An increasing trend is evident from early 2018, rising from 0.86% in March 2018 to a peak at 2.23% in March 2020, suggesting an expansion in amounts owed to the company by customers.
Sold Receivables
Data for sold receivables is incomplete, but available figures from late 2015 to mid-2018 show minor proportions ranging from 0.03% to 0.65%, reflecting occasional use of receivables sales as a financing mechanism. Their reduced presence after mid-2018 may suggest a strategic shift away from this practice.
Inventories
Inventory holdings as a percentage of total assets range moderately between about 2.1% and 3.4%. The trend shows relative stability with minor fluctuations, peaking above 3% in early 2019 and mid-2017, and slightly lower levels in late 2019 and 2020, indicating consistent inventory management with no dramatic changes.
Prepaid Expenses
Reported only from early 2019 onward, prepaid expenses appear consistently stable, between 0.37% and 0.48% of total assets, representing a small but steady component of current assets.
Other Current Assets
Other current assets exhibit variability, generally falling within 0.5% to 1.45%. Peaks above 1% appear intermittently, particularly during 2017 and 2019, while a decline is observed toward mid-2020, possibly reflecting shifts in short-term assets composition.
Assets Held for Sale
Limited data from 2018 onward indicates a minor portion of assets classified as held for sale, with percentages around 0.03% to 1.33%, suggesting occasional divestiture activities or asset disposals during this period.
Current Assets
Current assets as a segment declined noticeably from around 12.3% in early 2015 to as low as 5.95% in mid-2017, indicating a reduction of short-term asset holdings. Subsequently, a recovery trend occurred, with current assets rising again to approximately 11.25% in March 2020 before a fall back to around 8.93% by mid-2020.
Property, Plant and Equipment, Net
This category remains relatively stable, generally oscillating between 5.2% and 6.9% of total assets. Slight upward movements are observed in late 2018 and through 2019, possibly indicating ongoing investments or revaluation increases in fixed assets.
Goodwill
Goodwill comprises a significant and substantial portion of total assets, initially exceeding 40% in early 2015. A gradual declining trend follows, descending to about 33.69% by March 2020, possibly reflecting impairments or asset write-downs related to acquisitions.
Intangible Assets, Net
Intangible assets maintain a large share of total assets, often near or above 46%. Values rose sharply between 2015 and 2016, peaking above 50%, then showed a declining trend into 2020. This could reflect amortization charges or asset disposals, maintaining a strong intangible asset base overall.
Other Non-current Assets
The percentage of other non-current assets showed a decreasing trend initially from 6% in early 2015 to just above 1% later that year, followed by relative stability and slight increases up to about 2.3% by mid-2020. This expansion suggests either asset reclassification or incremental additions in this category.
Non-current Assets
Non-current assets consistently form the majority of total assets, remaining above 87% at all times and frequently approaching or exceeding 90%. There is a mild fluctuation but no sharp trend, indicating a stable asset composition dominated by long-term holdings.
Total Assets
Total assets equal 100% by definition throughout all periods, serving as the base for all relative percentage calculations and demonstrating stable overall asset structure with predominant allocation to non-current assets.