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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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