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Evaluate the Short-term Liquidity and Long-term solvency ratios for Kraft Heinz using the provided ratios using the provided file Has Kraft Heinz become more/less liquid?
Evaluate the Short-term Liquidity and Long-term solvency ratios for Kraft Heinz using the provided ratios using the provided file | |
Has Kraft Heinz become more/less liquid? How do you know? | |
Has Kraft Heinz become more/less solvent? How do you know? |
Kraft/Heintz Company | ||||
Short-Term Liquidity | 2018 | 2019 | ||
Current Ratio | 1.21 | 1.03 | ||
Quick Ratio | 0.43 | 0.54 | ||
Cash Ratio | ||||
Cash Conversion Cycle | 8.61 | 10.10 | ||
Days Receivable | 28.50 | 28.83 | ||
Days Inventory | 35.70 | 39.76 | ||
Days Payable | 55.59 | 58.50 | ||
Accounts Receivable Turnover | 17.88 | 12.18 | ||
Inventory Turnover | 10.06 | 6.25 | ||
Revenue to cash ratio | 24.13 | 10.96 | ||
Long-Term Solvency and Liquidity | ||||
Liabilities to Assets | 0.50 | 0.49 | ||
Liabilities to Equity | 1.00 | 0.96 | ||
Long-term Debt to Shareholder's Equity | 0.60 | 0.55 | ||
Interest Coverage | -6.90 | 2.90 |
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