Kellanova Balance Sheet Health
Financial Health criteria checks 3/6
Kellanova has a total shareholder equity of $3.3B and total debt of $6.0B, which brings its debt-to-equity ratio to 183.6%. Its total assets and total liabilities are $15.3B and $12.0B respectively. Kellanova's EBIT is $1.5B making its interest coverage ratio 6.8. It has cash and short-term investments of $251.0M.
Key information
183.6%
Debt to equity ratio
US$6.02b
Debt
Interest coverage ratio | 6.8x |
Cash | US$251.00m |
Equity | US$3.28b |
Total liabilities | US$12.04b |
Total assets | US$15.32b |
Recent financial health updates
We Think Kellanova (NYSE:K) Is Taking Some Risk With Its Debt
Feb 07Kellogg (NYSE:K) Takes On Some Risk With Its Use Of Debt
Oct 03Kellogg (NYSE:K) Takes On Some Risk With Its Use Of Debt
Jun 26Kellogg (NYSE:K) Takes On Some Risk With Its Use Of Debt
Mar 23We Think Kellogg (NYSE:K) Can Stay On Top Of Its Debt
Nov 25Recent updates
Shareholders Will Most Likely Find Kellanova's (NYSE:K) CEO Compensation Acceptable
Apr 20Kellanova's (NYSE:K) Intrinsic Value Is Potentially 96% Above Its Share Price
Mar 29Investors Can Find Comfort In Kellanova's (NYSE:K) Earnings Quality
Feb 15We Think Kellanova (NYSE:K) Is Taking Some Risk With Its Debt
Feb 07Earnings Tell The Story For Kellanova (NYSE:K)
Jan 20Kellanova: It's Too Early For Me To Consider The Company Attractive
Jan 194%-Yielding Kellanova Could Be A Diamond In The Rough
Dec 20Kellanova (NYSE:K) Analysts Just Trimmed Their Revenue Forecasts By 15%
Oct 05Kellanova: An Intriguing Spinoff Of WK Kellogg
Oct 03Kellogg (NYSE:K) Takes On Some Risk With Its Use Of Debt
Oct 03Kellogg: The Problems Of A Low Margin Producer
Sep 19Return Trends At Kellogg (NYSE:K) Aren't Appealing
Sep 14Kellogg's (NYSE:K) Upcoming Dividend Will Be Larger Than Last Year's
Aug 25Kellogg: Decent Results And Cheap Valuation
Aug 23Kellogg's (NYSE:K) Dividend Will Be Increased To $0.60
Aug 03Kellogg: Turnaround Potential But Wait To See Next Quarter's Results
Jul 13Are Investors Undervaluing Kellogg Company (NYSE:K) By 47%?
Jul 11Kellogg (NYSE:K) Takes On Some Risk With Its Use Of Debt
Jun 26Capital Allocation Trends At Kellogg (NYSE:K) Aren't Ideal
Jun 10Kellogg: Higher Dividend And Upcoming Spin-Off Makes It More Attractive Than General Mills
May 24An Intrinsic Calculation For Kellogg Company (NYSE:K) Suggests It's 39% Undervalued
Apr 06Kellogg (NYSE:K) Takes On Some Risk With Its Use Of Debt
Mar 23Kellogg declares $0.59 dividend
Feb 17Kellogg Q4 2022 Earnings Preview
Feb 08Kellogg: Buy The Drop On This Moat-Worthy Brand
Jan 28Here's Why Kellogg (NYSE:K) Has Caught The Eye Of Investors
Jan 13Here's What To Make Of Kellogg's (NYSE:K) Decelerating Rates Of Return
Dec 31Kellogg approves new $1.5B buyback program
Dec 12Kellogg Company's (NYSE:K) Intrinsic Value Is Potentially 65% Above Its Share Price
Dec 07We Think Kellogg (NYSE:K) Can Stay On Top Of Its Debt
Nov 25Kellogg declares $0.59 dividend
Oct 28Kellogg: Remains Attractive Ahead Of Its Portfolio Transformation
Sep 19Financial Position Analysis
Short Term Liabilities: K's short term assets ($3.5B) do not cover its short term liabilities ($5.5B).
Long Term Liabilities: K's short term assets ($3.5B) do not cover its long term liabilities ($6.5B).
Debt to Equity History and Analysis
Debt Level: K's net debt to equity ratio (175.9%) is considered high.
Reducing Debt: K's debt to equity ratio has reduced from 300.7% to 183.6% over the past 5 years.
Debt Coverage: K's debt is well covered by operating cash flow (28.8%).
Interest Coverage: K's interest payments on its debt are well covered by EBIT (6.8x coverage).