WK Kellogg Co Balance Sheet Health
Financial Health criteria checks 2/6
WK Kellogg Co has a total shareholder equity of $336.0M and total debt of $491.0M, which brings its debt-to-equity ratio to 146.1%. Its total assets and total liabilities are $1.9B and $1.6B respectively. WK Kellogg Co's EBIT is $305.0M making its interest coverage ratio 11.7. It has cash and short-term investments of $44.0M.
Key information
146.1%
Debt to equity ratio
US$491.00m
Debt
| Interest coverage ratio | 11.7x |
| Cash | US$44.00m |
| Equity | US$336.00m |
| Total liabilities | US$1.56b |
| Total assets | US$1.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KU9's short term assets ($642.0M) do not cover its short term liabilities ($778.0M).
Long Term Liabilities: KU9's short term assets ($642.0M) do not cover its long term liabilities ($783.0M).
Debt to Equity History and Analysis
Debt Level: KU9's net debt to equity ratio (133%) is considered high.
Reducing Debt: Insufficient data to determine if KU9's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: KU9's debt is well covered by operating cash flow (65%).
Interest Coverage: KU9's interest payments on its debt are well covered by EBIT (11.7x coverage).