How much debt does Kenvue have?
According to Kenvue's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Kenvue's total debt stands at $8.61B. This is broken down into:
- Long-term debt: $7.05B
- Short-term debt: $1.55B
The company's net debt, which accounts for cash and cash equivalents, is $7.54B. In terms of overall financial obligations, Kenvue's total liabilities amount to $15.93B.
Debt Ratios and Metrics
To better understand Kenvue's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 0.89 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 33.62% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 4.87 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 42.19% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 47.10% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Kenvue's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$8.61B
Long-term Debt
$7.05B
Short-term Debt
$1.55B
Net Debt
$7.54B
Total Liabilities
$15.93B
Interest Coverage
4.87
Debt to Equity Ratio
0.89
Debt Ratio
33.62%
Kenvue Historical Debt Metrics
Kenvue Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $8.61B | $7.05B | $1.55B | $7.54B | $15.93B | 0.89 | 33.62% | 4.87 | 42.19% | 47.10% |
| 2023 | $8.43B | $7.78B | $643.00M | $7.04B | $16.64B | 0.75 | 30.26% | 7.02 | 40.68% | 42.91% |
| 2022 | $116.00M | $9.01B | $35.00M | $-1.11B | $7.29B | 0.01 | 0.42% | 0.00 | 30.85% | 0.58% |
| 2021 | $258.00M | $82.00M | $47.00M | $-482.00M | $7.53B | 0.01 | 0.92% | 0.00 | 0.00% | 1.25% |
| 2020 | $320.00M | $160.00M | $- | $-298.00M | $10.82B | 0.02 | 1.10% | 0.00 | 0.00% | 1.71% |
| 2019 | $- | $- | $- | $- | $- | 0.00 | 0.00% | 0.00 | 0.00% | 0.00% |
Related Metrics
Explore detailed financial metrics and analysis for KVUE.