Kraft Heinz Co-The
KHCCompany Overview
The Kraft Heinz Co. engages in the manufacture and market of food and beverage products. The firm operates through the following geographical segments: United States, Canada and International. Its brands include Oscar Meyer, Velveeta, Smart Ones, Caprisun, Kool-Aid, Golden circle and Honig. The company was founded on July 2, 2015, and is headquartered in Pittsburgh, PA.
Country
US
Market Cap
$44.75B
Last Fiscal Year
2023
Final Shariah Status
Failed
Compliance Analysis Overview
Shariah Compliance Benchmarks:
- Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
- Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
Business Compliance
3.56%
passed
Liabilities Compliance
44.76%
failed
Final Shariah Status
Failed
This stock does not meet all Shariah compliance criteria according to AAOIFI standards.
Stock Information
| Name | Kraft Heinz Co-The |
| Ticker | KHC |
| Main Business | Packaged Foods |
| Type | Common Stock |
| Industry | Packaged Foods |
| Country | US |
| Market Cap | $44.75 B |
Shariah Analysis Breakdown
Business compliance Breakdown
| Revenue Segment | Value ($M) | Non-Compliant ($M) | Reason |
|---|---|---|---|
| Condiments and sauces | $8,241.0 | $0.0 | - |
| Cheese and dairy | $3,976.0 | $0.0 | - |
| Ambient foods | $3,047.0 | $0.0 | - |
| Frozen and chilled foods | $2,922.0 | $0.0 | - |
| Meats and seafood | $2,733.0 | $819.9 | contains pork |
| Refreshment beverages | $1,999.0 | $0.0 | - |
| Coffee | $903.0 | $0.0 | - |
| Infant and nutrition | $411.0 | $0.0 | - |
| Desserts, toppings and baking | $1,195.0 | $0.0 | - |
| Other | $1,058.0 | $0.0 | - |
| Other income | $253.0 | $133.0 | Interest income and foreign exchange gain |
| Total | $26,738.0 | $952.9 | 3.56% (passed) |
Liabilities Compliance Breakdown
| Liability Item | Value ($M) | % of Market Cap |
|---|---|---|
| current debt and capital lease obligation | $638,000,000.0 | 1.43% |
| long term debt and capital lease obligation | $19,390,000,000.0 | 43.33% |
| Total Interest-Bearing Debt | $20,028,000,000.0 | 44.76% |
| Market Capitalization | $44,745,800,000.0 | 100.00% |
| Compliance Status | Threshold: 33% | failed |