WK Kellogg Co Balance Sheet Health
Financial Health criteria checks 2/6
WK Kellogg Co has a total shareholder equity of $317.0M and total debt of $494.0M, which brings its debt-to-equity ratio to 155.8%. Its total assets and total liabilities are $1.9B and $1.6B respectively. WK Kellogg Co's EBIT is $288.0M making its interest coverage ratio 16. It has cash and short-term investments of $70.0M.
Key information
155.8%
Debt to equity ratio
US$494.00m
Debt
| Interest coverage ratio | 16x |
| Cash | US$70.00m |
| Equity | US$317.00m |
| Total liabilities | US$1.57b |
| Total assets | US$1.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KLG *'s short term assets ($664.0M) do not cover its short term liabilities ($789.0M).
Long Term Liabilities: KLG *'s short term assets ($664.0M) do not cover its long term liabilities ($782.0M).
Debt to Equity History and Analysis
Debt Level: KLG *'s net debt to equity ratio (133.8%) is considered high.
Reducing Debt: Insufficient data to determine if KLG *'s debt to equity ratio has reduced over the past 5 years.
Debt Coverage: KLG *'s debt is well covered by operating cash flow (74.9%).
Interest Coverage: KLG *'s interest payments on its debt are well covered by EBIT (16x coverage).