WK Kellogg Co Balance Sheet Health
Financial Health criteria checks 2/6
WK Kellogg Co has a total shareholder equity of $316.0M and total debt of $491.0M, which brings its debt-to-equity ratio to 155.4%. Its total assets and total liabilities are $1.9B and $1.6B respectively. WK Kellogg Co's EBIT is $320.0M making its interest coverage ratio 9.7. It has cash and short-term investments of $47.0M.
Key information
155.4%
Debt to equity ratio
US$491.00m
Debt
| Interest coverage ratio | 9.7x |
| Cash | US$47.00m |
| Equity | US$316.00m |
| Total liabilities | US$1.58b |
| Total assets | US$1.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KLG *'s short term assets ($602.0M) do not cover its short term liabilities ($770.0M).
Long Term Liabilities: KLG *'s short term assets ($602.0M) do not cover its long term liabilities ($814.0M).
Debt to Equity History and Analysis
Debt Level: KLG *'s net debt to equity ratio (140.5%) 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 (68.4%).
Interest Coverage: KLG *'s interest payments on its debt are well covered by EBIT (9.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 22:21 |
| End of Day Share Price | 2024/11/22 00:00 |
| Earnings | 2024/09/28 |
| Annual Earnings | 2023/12/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
WK Kellogg Co is covered by 13 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ishan Majumdar | Baptista Research |
| Andrew Lazar | Barclays |
| Max Andrew Gumport | BNP Paribas Exane |