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).